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Twitter creates a team dedicated to exploring cryptocurrencies

Twitter announced the creation of a team dedicated to the development of strategies related to cryptocurrencies – a division known as Twitter Crypto.

Twitter creates a team dedicated to exploring cryptocurrencies

Twitter creates a team dedicated to exploring cryptocurrencies

To lead this division, Tess Riearson, known for having led the engineering teams of many startups in this area, was hired. Riearson shared on her Twitter account that she was “thrilled” to join the tech company.

In this post, Riearson noted that the team will be focused on “cryptocurrencies, blockchain and other decentralized technologies”.

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At first, Twitter Crypto will be focused on supporting cryptocurrencies so that content creators on the social network can be paid, with the aim of finding a way to decentralize the platform.

“There’s massive and growing interest among creators to use decentralized apps to manage virtual goods and currencies – Tess will focus here, with a long term goal of exploring how ideas from crypto can help us push the boundaries of what’s possible with identity, community and more,” says the Twitter statement shared by Engadget.

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