Twitter on Wednesday officially launched its own Cryptocurrency Team in other to participate in the decentralized internet
Twitter Officially Launched its Own Cryptocurrency Team
According to a story published by The Financial Times on Wednesday, Twitter has formed its own cryptocurrency team in order to participate in the decentralized internet.
Tess Rinearson, a seasoned blockchain developer, will lead the newly formed team.
In September, Twitter launched a Bitcoin tipping service for iOS users, and it was later tested on Android smartphones.
The startup is also developing a feature that will allow users to display their non-fungible tokens (NFTs).
Twitter will begin investigating decentralized applications and the Web3 ecosystem as a whole.
With its crypto-related activities, the corporation also wants to “push the frontiers,” according to Rinearson:
Looking farther ahead, we’ll be exploring how ideas from crypto communities can help us push the boundaries of what’s possible with identity, community, ownership and more.
Digital Currency Group CEO Barry Silbert described the development as a “big deal.”Twitter CEO Jack Dorsey is known as a staunch Bitcoin advocate.
