Facebook announced Libra, a new digital currency that will release 2020 and be integrated with the company's applications and services.
The interest of the largest social network in the technology of encryption and the technologies blockchain είναι γνωστό εδώ και μήνες, ενώ recently there were rumors because Facebook was ready to announce its own virtual currency.
According to reports, the new digital currency is supported by major financial institutions, such as Visa, Mastercard, PayPal, as well as large companies such as Uber, Lyft and eBay.
Some of these companies are believed to have joined a consortium that supports Facebook's intrusion into the encryption space. At the moment one thing is for sure: Libra digital currency is heading full speed towards the social networking platform.
Today Tuesday, Facebook revealed the project that is in the "early phase" in a post on his blog. One of Facebook's subsidiaries, Calibra, will manage the Libra network, which will also have the blockchain infrastructure needed to facilitate the exchange of Libra cryptocurrencies.
Calibra will feature a digital wallet for Libra as well as a storage system that can be integrated with it Messenger and WhatsApp. According to the publication, standalone apps for iOS and Android will also be released.
The new service is expected to go public in 2020. The company says the service will work with “almost anyone with a smartphone” and allow payment accounts, buying products or even buying tickets.
Of course these lofty goals also require relationships confidences, something Facebook is not known to have earned from its users. The "early phase" of the new digital currency probably exists for a first ballistics of the trust of Facebook members, but also of companies.
Do not be amused by the companies mentioned above that support the project (Visa, Mastercard, PayPal, Uber, Lyft and eBay) would support anything at a similar cost.
