Facebook is investing big in blockchain technology.
The social media giant has acquired four key people behind blockchain startup Chainspace and is investing considerable efforts and resources into blockchain tech, a source familiar with the company’s plans told Mashable (Cheddar first broke the story late Monday).
Chainspace, self-described as a “planetary scale smart contracts platform,” recently posted a note on its website, announcing that the team is “moving on to something new.”
“Chainspace code and documentation will still be open source, and all previously published academic work remains available,” the note says. Read more…
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