According to a report by Cheddar, Facebook is looking into creating its own cryptocurrency. Reportedly, unnamed sources familiar with the matter said Facebook is “very serious” about its consideration of building its own decentralized digital currency. Cheddar’s report follows an announcement from Facebook’s head of Messenger David Marcus. he said on Tuesday that he plans to leave his current position in order to explore uses of the blockchain at Facebook.
Cryptocurrency insiders are speculating that Facebook’s interest in blockchain technology might have something to do with payments. It’s thought that if Facebook offered a cryptocurrency, it could create a seamless payment platform on the site that could be accessible even by individuals who are unbanked.
http://www.businessinsider.com/facebook-cryptocurrency-2018-5
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