Twitter has established a devoted crypto workforce. Dubbed Twitter Crypto, the corporate describes the division as “a center of excellence for all things blockchain.” It will set the “strategy for the future of crypto at (and on) Twitter,” the corporate stated in a press launch it shared with Engadget.
It has additionally hired Tess Rinearson to guide the hassle. Rinearson joins Twitter having led engineering groups at cryptocurrency startups like Interchain, Tendermint and Chain. She’ll report back to Twitter CTO Parag Agrawal, who will assist set the path of the workforce.
As a primary step, Twitter sees Rinearson’s workforce exploring three main areas of curiosity. First, it would have a look at how the corporate can proceed to assist cryptocurrencies as a means for creators to be paid. Related to that, it would discover how blockchain applied sciences can create an extra means for creators to earn a residing. Lastly, with assist from , it would lead the corporate’s efforts to decentralize social media.
“There’s massive and growing interest among creators to use decentralized apps to manage virtual goods and currencies – Tess will focus here, with a long term goal of exploring how ideas from crypto can help us push the boundaries of what’s possible with identity, community and more,” Twitter stated.
It’s not a shock to see Twitter get extra critical about crypto. It not too long ago began permitting customers to ship and obtain . It’s no secret the place the curiosity comes from both. CEO Jack Dorsey has lengthy been a vocal proponent of the know-how, notably over at Square. The different firm the place Dorsey is CEO not too long ago introduced it will . It’s additionally “considering” constructing a .
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