Facebook set to hire five new blockchain staff

Social media giant Facebook has posted five blockchain-related job listings on LinkedIn over the past few days, reiterating its aim to embrace the technology

Facebook is stepping up its emphasis on blockchain technology by posting five blockchain job listings on LinkedIn.

The social media titan now has a total of 25 job listings for blockchain specialists, with the new advert requesting a production managerbusiness operations managerdata scientistsoftware engineer, and growth product manager.

Facebook CEO Mark Zuckerberg has shown a keen interest in blockchain technology since the turn of the year, discussing it at length in a video interview with Harvard Law professor Jonathan Zittrain.

“A use of blockchain that I’ve been thinking about, though I haven’t figured out a way to make this work out, is around authentication and granting access to your information to different services,” he said.

“So, replacing the notion of what we have with Facebook Connect with something that is truly distributed.”

This year I'm hosting a series of discussions on the future of technology and society. Here's the first one with Harvard Law Professor Jonathan Zittrain.I joined his seminar and we covered topics including information fiduciaries, encryption, decentralized services, governance, fighting misinformation, different business models, privacy innovation, and future research areas.I found his ideas fascinating. We spoke for almost two hours and still only got through about a third of what we hoped to discuss. I'm looking forward to continuing this series soon and covering more topics beyond the internet.

Posted by Mark Zuckerberg on Wednesday, 20 February 2019

 

There has also been speculation over whether Facebook will adopt its own cryptocurrency, with the New York Times reporting that “Facebook may succeed where Bitcoin has failed.”

Although Zuckerberg spoke optimistically of the technology in the video interview, he has concerns about the efficiency of a distributed ledger and the high computational output.

“Certainly the level of computation that Facebook is doing is really intense to do in a distributed way,” he added.

“Decentralised things that are computationally intensive will be harder. They’re harder to do computation on, but eventually, maybe you have the resources to do that.”

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