Facebook Adds Five More Job Postings as Their Secretive Blockchain Project Heats Up
The social media giant, Facebook is up to something for a fact. Interestingly, what it's up to is no longer a secret. The activity on its careers page gives a clear insight into what the social media giant has been planning all along behind the scenes.
The Hiring Spree Continues
As if 22 positions were not enough, Facebook has now added another five new jobs for grabs. It's not a surprise that Facebook is seeking to grow its distributed ledger division. As expected, all the five positions listed are blockchain-related positions which are all based at the company's Menlo Park HQ, California.
Precisely, the new positions include a production manager, data scientist, business operations manager, growth product manager and a software engineer. Perhaps the listings give a clear picture that Facebook is mainly focused on onboarding experts on fields concerning blockchain.
Many believe that blockchain is the way for most industries in the current generation, and so, Facebook with its 2 billion user base definitely is not considering otherwise. Although the media giant has not come clean precisely on what it has in store as much as blockchain and cryptocurrency is concerned, it has already shown some smoke, and wherever there's smoke, there has to be fire.
Besides, there have been reports that the firm was on early stages to develop its stablecoin as well as reports about some conversations with various cryptocurrency exchanges about listing a coin for trading. However, there is no information yet from Facebook revealing its strategy as well as potential products in the blockchain.
Nevertheless, Facebook is hiring, and the nature of job positions imply that the firm is preparing its house ready for a bang. It's not long ago that we witnessed the most significant management reshuffle in the history of Facebook when former PayPal president David Marcus took over as head of exploratory blockchain group.
Facebook's CEO Mark Zuckerberg is already warming for decentralized models. Recently, he outlined a privacy-focused vision for social networking whereby he suggested for a move to embrace end-to-end encryption of the user's data on Facebook, WhatsApp, and Instagram. Also, there is speculation that the firm will use a blockchain model in enabling decentralized logins without its servers acting as authenticators.
However, like it always happens, critics will still have their way, and most of them are calling Zuckerberg's decentralization as well as privacy mantra nothing but a PR message.
Facebook is riding on a checkered history from banning crypto ads to gaining public attention for starting its own crypto division. The fact that they are now hiring suggests only one thing that the social media giant has already switched on the button, and we may not wait any longer before everything unfolds.