Facebook Hiring Fast To Launch Its Own Bitcoin

San Francisco: Facebook is working hard to launch its own bitcoin for cryptocurrency-based payments on its platform that has 2.38 billion users. According to a report, the social media giant is “recruiting dozens of financial firms and online merchants” towards this goal. The cryptocurrency-based system would use a digital coin similar to bitcoin. Facebook, on its part, has said it is exploring ways to leverage the power of Blockchain technology. In a February interview with Harvard Law Professor Jonathan Zittrain, FB CEO Mark Zuckerberg said he was “potentially interested” in putting the FB login on the Blockchain technology. (IANS)

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