Facebook Is Developing Blockchain Projects Under Absolute Secrecy

The facebook blockchalter division today consists of more than 50 specialists. Representatives of the company said that the creation of its own projects based on a distributed registry technology will be held under conditions of complete secrecy.

The head of the new department was appointed david markus. It is known that earlier he was the president of paypal payment service. There was information that the office itself is located in new york, but his address is known for exclusively authorized employees and management of the company. To get there to unauthorized persons.

Today representatives «facebook» consider the prospects for developing several projects. According to one of the scenarios, it is planned to release its own coin, the second – creating a system that will allow users to perform transactions using cryptocurrency.

However, not only facebook has plans to develop blockchain projects. Social network has a competitor. It became known that there are such intentions to the telegram leadership. Moreover, pavel durov said he was ready to move away from the management of the company in order to fully focus on blockchain.

Previously, experts spoke about the integration of blockchain technology to work social network «facebook».