The parent company of facebook, meta, wants to be a lot more compatible with the blockchain. andrew bosworth, the company’s new chief technology officer, shared his vision for web3 in a memo to workers. one of meta’s previous experiments with cryptocurrencies was to create a digital token that would exclusively be available to facebook and whatsapp users. meta failed miserably. consumer and commercial lending, credit cards, and savings will be the emphasis of the company’s activity.

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