One Step Closer to Decentralization – Twitter Launches Its own Crypto Team

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The Twitter Crypto team will be launched as part of Twitter’s efforts to move closer to decentralization and it will report to the Chief Technology Officer (CTO) of the social media titan. 

Twitter is in the process of establishing the long-awaited all things blockchain division on its platform. Twitter Crypto, the newest addition is developing the strategy that will guide Twitter’s crypto future, with the team lead engineer being Tess Rinearson. 

Rinearson took Twitter to announce her newest engagement by revealing that a first step will be the exploration of ways in which the increasing interest for the usage of dApps by creators, and what Twitter can do to support the community and their work. 

Rinearson stated: “looking farther ahead, we’ll be exploring how ideas from crypto communities can help us push the boundaries of what’s possible with identity, community, ownership and more.” In addition, she revealed that in order to establish a solid decentralized social network standard, the Twitter Crypto team will collaborate with Bluesky.

Twitter Crypto led by Rinearson will report to Parag Agrawal, Twitter CTO and the future team will contribute to the social media decentralization of Twitter. The social media giant revealed that the interest of creators to manage goods and currencies via dApps is ever-growing and Rinearson will valiantly narrow her efforts to exploring and breaking the limits of possibilities. 

Twitter has made it possible for the platform creators to receive tips in Bitcoin (BTC) back in September, and it will continue to explore additional cryptocurrency payments for its other features such as Ticketed Spaces because people may be unable to or have specific preferences about what currency they want to accept. 

Jack Dorsey, Twitter CEO has been an avid advocate for crypto, especially Bitcoin (BTC). Being the CEO of Square as well, in July, Jack Dorsey launched TBD, a Bitcoin (BTC) Square business unit. 

Also read: Bitcoin ETF Trading to be Backed by Coinbase

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