Home Facebook Parent Company Meta Exploring dApps

Facebook Parent Company Meta Exploring dApps

Share
Share

Facebook Parent Company Meta Exploring dApps

Meta Platforms (META), Facebook’s parent company, is developing a decentralised text-based app.

According to the report, which cited a Meta spokesperson, the app will be a standalone product for sharing text updates. MoneyControl, an Indian business news website, broke the story first.

The app, codenamed P92, is still being worked on. It will allow users to log in using their Instagram credentials, as Meta also owns the photo-sharing social-media site. According to the report, it will support the ActivityPub protocol, which is also supported by Mastodon, a decentralised social-media platform that gained traction after billionaire Elon Musk purchased Twitter.

(With inputs from Shikha Singh)

Share

Latest News

Propanc Biopharma Secures $100M Crypto Treasury To Fund Cancer Research

Propanc Biopharma Secures $100M Crypto Treasury To Fund Cancer Research

Australia’s Propanc Biopharma has secured up to $100 million from Hexstone Capital to build a crypto treasury supporting its cancer treatment research....

Exodus Acquires Grateful To Expand Stablecoin Payments In Latin America

Exodus Acquires Grateful To Expand Stablecoin Payments In Latin America

Crypto wallet firm Exodus is acquiring Uruguay-based Grateful to expand stablecoin payment solutions across Latin America. Grateful enables merchants to accept stablecoins...

Bitcoin ETFs Attract $524M as Ethereum Faces $107M Outflow Near Market Shifts

Bitcoin ETFs Attract $524M as Ethereum Faces $107M Outflow Near Market Shifts

“Money flows to Bitcoin’s side, Ethereum takes a downside ride.” On Thursday, spot Bitcoin ETFs recorded massive inflows totaling $524 million, underscoring...

Jack Dorsey’s Square Launches Bitcoin Payments For 4M Merchants

Jack Dorsey’s Square Launches Bitcoin Payments For 4M Merchants

Block Inc.’s Square has launched Bitcoin payment support for over 4 million merchants globally, offering zero-fee transactions through 2027. Announced by CEO...

Latest Blogs

Crypto Security & Best Practices: How To Keep Your Crypto Safe: Everything You Should Know

Crypto Security and Its Importance Digital transformation has created financial opportunities through cryptocurrencies, yet these digital assets present significant security risks to...

AI + Crypto Agents — The Next Multi-Trillion Market?

Artificial Intelligence and crypto are converging, and the world isn’t ready for what’s to come next. Twitter, YouTube, and virtually everyone on...

Crypto SIPs: A Guide to Crypto Investment

What is a Crypto SIP? Systematic Investment Plans (SIPs) in Cryptocurrency The investment environment with its extreme volatility has led to changes...

What is a Crypto Airdrop?

What Does Airdrop in Crypto Mean? Definition and Purpose of Crypto Airdrops Within the quickly changing cryptocurrency arena, novel approaches have surfaced,...

Related Articles

Crypto Security & Best Practices: How To Keep Your Crypto Safe: Everything You Should Know

Crypto Security and Its Importance Digital transformation has created financial opportunities through...

AI + Crypto Agents — The Next Multi-Trillion Market?

Artificial Intelligence and crypto are converging, and the world isn’t ready for...

Crypto SIPs: A Guide to Crypto Investment

What is a Crypto SIP? Systematic Investment Plans (SIPs) in Cryptocurrency The...

What is a Crypto Airdrop?

What Does Airdrop in Crypto Mean? Definition and Purpose of Crypto Airdrops...