Twitter Set Up a Dedicated team to Bring Blockchain and Crypto Currencies to Life

Social media giant Twitter has set up a dedicated team to focus on crypto, blockchains, and other decentralized tech including going beyond cryptocurrencies.

Initially, the team will explore how it can “support the growing interest among creators to use decentralized apps to manage virtual and digital goods and currencies, and to support their work and build communities.”

According to Twitter, the crypto team will be led by Tess Rinearson. She said the “new team is focused on crypto, blockchains, and other decentralized technologies — including and going beyond cryptocurrencies.”

The company tweeted, “We’re exploring ways to incorporate decentralized technologies into our products and infrastructure”.

Initially, the company will explore payments, ways for people creating content to earn crypto, and the “decentralization of social media.”

Rinearson emphasized that “Twitter truly ‘gets’ crypto,” referencing the company’s bitcoin tipping and non-fungible token (NFT) projects. “But there’s so much more to explore here,” she added.

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