Mark Zuckerberg is the CEO (Chief Executive Officer) and co-founder of Facebook, His sister Randi Zuckerberg has joined the advisory team of Huobi, which is one of the world largest cryptocurrency exchanges.
Up until now, if you read the name Zuckerberg associated with blockchain and cryptocurrency, chances are it was referring to Facebook creator Mark Zuckerberg. However, it’s not Mark Zuckerberg but his sister Randi Zuckerberg who has signed on to advise for one of the world’s largest cryptocurrency exchanges that is Huobi.
According to a report in a local newspaper, Randi Zuckerberg would be providing expert opinion on Huobi public chain, starting from the basic technology to its commercial modelling, industrial applications, etc. and support Huobi Public Chain Leadership Competition.
Both private and public chains are decentralised peer-to-peer networks. Anyone can join and participate in the public chains as the network is entirely open.
The Huobi Chain Project will provide individuals and organizations with a reliable financial protocol for fundraising, value exchange and securitisation.
While Randi association with Huobi may not have as significant impact as her brother’s association. She is a Harvard graduate, the founder and CEO of Zuckerberg Media, Editor-in-Chief of Dot Complicated and creator of an animated TV show called Dot and worked at Facebook for 6 years.
Randi was nominated for an Emmy award and was featured as one of 50 Digital Power Players in 2010. Facebook had banned all cryptocurrency-related advertisements in early 2018, including ads that promoted financial products and services associated with misleading or deceptive promotional practices, such as binary options and initial coin offerings.
However, in June, Facebook reversed its decision of outright ban of crypto-related advertisements, and allowed related content from pre-approved advertisers, while prohibiting ads promoting binary options and initial coin offerings.
Mark Zuckerberg, has expressed interest in blockchain and cryptocurrency and plans to study all the aspects of cryptocurrencies for solving important issues at Facebook.