FaceCoin: Here’s What Facebook Could Build In Blockchain And Cryptocurrency.

We look at major events, patents, and news mentions to determine what Facebook may be up to in blockchain and digital currency.

Could blockchain be an answer to scandal-plagued Facebook?

While a “Facecoin” might not lay the company’s many controversies to rest, it could potentially address everything from centralized single sign-on to cheaper payments processing. A variety of different signals point to Facebook getting serious about blockchain and digital currency.

FaceCoin: Here’s What Facebook Could Build In Blockchain And Cryptocurrency.

We look at major events, patents, and news mentions to determine what Facebook may be up to in blockchain and digital currency.

Could blockchain be an answer to scandal-plagued Facebook?

It’s starting to look like it.

A variety of different signals point to Facebook getting serious about blockchain and digital currency.

 

For one, in January 2018, Facebook CEO Mark Zuckerberg mentioned cryptocurrency when disclosing his annual project for 2018:

Facebook’s New AI Could Lead to Translations That Actually Make Sense.

When a language you don’t understand appears in your Facebook News Feed, you can touch a button and quickly translate it. Facebook offers a way of communicating not just with the millions of people who speak your language, but with millions of others who speak something else. Or at least it almost does. Like so many other online translation services, Facebook comes with a caveat: Its translations don’t always make sense.

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