The social media giant is currently looking to hire 14 specialists in the field of blockchain-based technology, according to its official careers page. This signals that the company’s interest in the space is only growing stronger.

Facebook Blockchain Effort Grows Stronger

According to the official Facebook Careers page, the social media giant is looking to hire a total of 14 people on positions associated with blockchain technology.

The positions are numerous and they range from product manager, data engineer and business operations manager to quantitative UX researcher and software engineers.

Earlier this month, My Bitcoin News reported that the company ‘acqui-hired’ a company occupied in the blockchain space, specializing in smart contracts.

The startup, called Chainspace, is working on a decentralized contracts system which is intended to facilitate payments and to provide a range of other services, all based on blockchain technology.

Getting Closer to a Facebook-Issued Stablecoin?

In late December 2018, Bloomberg reported that Facebook is working on a stablecoin which is pegged by the US dollar.

Citing anonymous sources familiar to the matter, the report outlined that the company wants to enable WhatsApp users to transfer money and that the primary target will be the remittance market in India.

One of the positions Facebook was hiring for (no longer available) was a Technical Program Manager, Marketplace Payments Blockchain. This adds to the speculations circling around the company’s potential effort to launch a stablecoin.

Another major player in the field of payment processing, however, who’s reportedly looking to integrate blockchain technology is Netpay. The company has reported with BNC Ledger in order to provide blockchain-based services to a broader user base.

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