Facebook has decided to make its biggest executive shuffle in the company’s history. The changes are related to the appointment of new leaders for WhatsApp, Messenger and the Facebook app. At the same time, the company has decided to include a new blockchain division which could be in charge of investigating possible applications of the technology in the different products of the company.
Facebook’s New Blockchain Division
Back in January, as part of his New Year’s resolution, Mark Zuckerberg said that he wanted to fix Facebook’s problems and that he was going to study what virtual currencies are and how they work. 
The new blockchain division may be in charge of the new blockchain research group that would be investigating about how to improve Facebook by implementing distributed ledger technology.
David Marcus, former PayPal’s CEO and part of the board of Coinbase, wrote in Facebook:
“After nearly four unbelievably rewarding years leading Messenger, I have decided it was time for me to take on a new challenge. I’m setting up a small group to explore how to best leverage Blockchain across Facebook, starting from scratch.”
David Marcus knows how the blockchain industry works, and more important, he was working at PayPal as a CEO and is currently serving at Coinbase. Unfortunately, there is no specific information about what the company will be researching or how the work will be carried out. But it shows that there is an interest in investing in Blockchain technology and possible future uses in the famous social network.
The extraordinary shuffle that the company is experience may be related to a very moved beginning of the year for Facebook. One month ago, Mr. Zuckerberg was testifying at the US Congress about Cambridge Analytica and the filtration of private date from Facebook’s users.
At the same time, in January Facebook decided to ban cryptocurrency and Initial Coin Offering-related ads on its platform. The main purpose of it was to avoid the growing number of scams that promoted virtual currencies or fake initial coin offerings.
