News & Events, Tech

Twitter now has an entire team dedicated to Crypto

What’s next?

words by: Sahar Khraibani
Dec 11, 2021

Twitter is forming a dedicated cryptocurrency team to work on blockchain and Web 3.0 development. Tess Rinearson, who happens to be a seasoned blockchain developer, has been named the new Twitter Crypto team’s leader.

 

Who’s in charge and what’s the goal?

Jack Dorsey, the founder of Twitter, has previously promoted the use of cryptocurrencies, blockchain, and other decentralized technologies. The company is now putting together a specialized team to look at crypto development, which will be overseen by Tess Rinearson. Twitter Crypto will be a “center of excellence for all things blockchain and Web3” at the social media network, according to Rinearson. Rinearson will report to Parag Agarwal, Twitter’s Chief Technology Officer, and offers a wealth of experience in the field.

 

Rinearson took to Twitter to explain her short-term goals for the cryptocurrency team she currently oversees. In her post, she shared: “I’m thrilled to share that I’ve joined Twitter, to lead a new team focused on crypto, blockchains, and other decentralized technologies—including and going beyond cryptocurrencies.” The team’s initial priority will be to expand decentralized apps (dApps) that allow producers to manage virtual goods, currencies, and ways for followers to support their community.

 

 

Rinearson implied that her team would then strive to use crypto technology to improve Twitter’s identity, community, and ownership. She also mentions that her group would cooperate with Bluesky, Twitter’s decentralized social networking initiative, to “help shape the future of decentralized social media.” The social media behemoth has also appointed Jay Graber, the founder of Happening, to manage its Bluesky program.

 

The crypto team’s addition comes more than a month after Twitter added a method for tipping authors with Bitcoin via the Lightning network, as well as proof that they’re testing ways to authenticate NFT used as profile images. Rinearson also added: “We’ll be hiring for roles in engineering and product,” on her Twitter account in the hopes of finding more people to join the team.

 

Rinearson has been working in blockchain technology since 2015, when she joined Chain, a blockchain technology business, as a software developer. According to her LinkedIn page, she then served as the Vice President of Engineering at the Interchain Foundation.

 

This is a big move for Twitter, as blockchain technology is making headway in the world of social media. So many changes and more appointments seem to be taking place at a rapid speed. Stay tuned for more on Twitter’s crypto team. In other recent developments, Twitter will be warning you about the “vibe” of a discussion.

 

Photo via CoinCU