Since officially forming its blockchain group just eight months ago, Facebook has sent staffers to crypto conferences around the world to recruit researchers, cryptographers, and top academics in the field. At a private dinner Facebook hosted during a recent crypto conference, one attendee told Cheddar that Facebook employees pitched the idea of creating a decentralized digital currency for the social network’s 2 billion users. Facebook job listings state that its blockchain group’s “ultimate goal is to help billions of people with access to things they don't have now,” which “could be things like equitable financial services, new ways to save, or new ways to share information.” Back in May, Cheddar first reported that Facebook was exploring the creation of its own cryptocurrency.

https://cheddar.com/videos/facebook-blockchain-group-on-hiring-spree-for-cryptocurrency