Twitter has established a new team focused on blockchain and cryptocurrency research on social networking sites. Tess Rinearson, a board member of the Interchain Foundation, has been appointed as the person in charge and will oversee the development of “Twitter Crypto”. After the recent integration of Bitcoin tipping into the Twitter platform, the social media giant is looking for newer ways to expand its crypto field.
Rinearson shared the new development of this social media company led by CEO Jack Dorsay. tweetThe goal of the team is to collaborate and study the latest developments in encryption, blockchain technology and decentralized applications.
According to the person in charge of the team, Twitter “acquired” cryptocurrency, but there are many factors that cannot be explained. Combining the financial and technology industries, the blockchain industry has exploded this year, as every industry tries to integrate encryption technology into their products. Therefore, Rinearson’s team will “work to figure out what encryption can do for Twitter, and what Twitter can do for encryption.”
“Twitter Crypto will support all of these efforts and become the’center of excellence’ for everything on the Twitter blockchain. We will be hiring for engineering and product positions. If this sounds exciting, please contact us!” Rinearson added An article says tweet.
In addition, in order to explore new ideas for integrating encryption technology with Twitter, the team will also obtain ideas from encryption enthusiasts on the network platform. These “encrypted communities can help us break through the possibilities of identity, community, ownership, etc.”, Rinearson Said.
The team will also work closely with Bluesky, a decentralized social media project funded and established by Twitter. Content creators will be encouraged to store their virtual assets in decentralized applications to support the community and its work.
It is said that the entire team is dedicated to the community and creators and spares no effort.
Photo: AFP/Olivier DOULIERY
recent, Twitter Also joined the trend of NFT because it Announce Support NFT authentication. To help creators stay ahead of the competition and own their content, the company is experimenting with various strategies to figure out how creators with certified collections will stand out.
