Twitter is creating a new team focused on cryptocurrencies

Published:

November 11, 2021 12:44 GMT

Tess Rinearson reported that the department will try to find out how cryptocurrencies could be useful for Twitter, and how the social network could be useful for digital assets.

Twitter is creating a new team that will deal with cryptocurrencies, Tess Rinearson wrote on her social network account Wednesday, who was hired to head the department.

“I am delighted to share that I have joined Twitter to lead a new team focused on cryptocurrencies, blockchains and other decentralized technologies, including and going beyond cryptocurrencies,” Rinearson said.

Rinearson reported that the team will try to figure out how cryptocurrencies could be useful for Twitter, and how the social network could be useful for digital assets. The specialist explained that they are going to study how to support the growing interest of creators in the use of decentralized applications to manage basic products and virtual currencies.

Likewise, Rinearson informed that Twitter Crypto will work together with the company specialized in digital assets BlueSky.

As stated by Twitter to the Financial times, Tess Rinearson will focus on “setting the strategy for the future of cryptocurrencies on Twitter.”

In September, the social network announced that it would be possible to carry out payment operations in bitcoins.

The CEO of the social network, Jack Dorsey, is a well-known supporter of digital currencies. In particular, in July Dorsey expressed his hopes that bitcoin “will help bring about world peace.”