Block Chain Company acquired Facebook

Facebook took over the cryptographic blockbuster chain for the first time. Chainspace was acquired by Facebook, according to foreign news reports. The goal is to build a smart contract system and speed up settlement.

The acquisition is aimed at securing excellent employees in a way called Acqui-hire. Four of the five researchers who participated in creating the chain space white paper enter this chain space. Facebook said it had hired ChainSpace employees, but said it would not acquire ChainSpace technology.

Facebook reported in December that it is developing a service that allows users to send remittances as passwords in the Watts app, a messenger app. He also started a block-team research team led by David Marcus, who last year co-founder of the board, and is actively hiring. There is interest in how Facebook will begin to have an impact in the block chain industry. For more information, please click here .