Facebook Might Create a Cryptocurrency

Reading Time: 1 minute(Last Updated On: May 12, 2018)

Reports from Cheddar, alive streaming financial new network suggest Facebook, The Large Popular Social Network may Launch a cryptocurrency of its own.

The Intention of using the token for payment of services according to Cheddar.

Cheddar also suggested the efforts may be lead by former Facebook Messenger Unit Lead, David Marcus. David Marcus is also the former president of Online Payments Platform, PayPal.

Cheddar indicates the plan could take years given the little to no details as of yet. Mark Zuckerberg the companies interest in experimenting with blockchain technology in a new years resolution post.

Facebook as reportedly created a research and development unit specifically devoted to exploring the implementation of blockchain-powered solutions in its products/services.

So what do you think, will Facebook Coin be a thing? Leave your thoughts/opinions in the comment section below.