Facebook has chosen an interesting name for your crypto data



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Facebook has chosen an interesting name for your crypto data

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It will be used to pay for various Internet services Facebook Crypto will be tied to the US dollar. It is expected that Facebook will release its own crypto-wave later this month. This is the Information publication, which even reveals the name of the new crypt called the Libra.

According to informed sources, the future cryptosweet will be for “developing countries with unstable national currency” and will be able to use it to pay for various web services, Messenger and WhatsApp. It is also alleged that the social network Facebook plans to create a network of physical terminals that accept the Weigh and encourage the stores to accept payment in the crypt.

To manage a new crypto light, Facebook seeks partners to create a credible independent fund. The company has gathered “dozens of financial institutions and other technology companies”, which, among other things, have to bring capital into the project. Rumors about Facebook’s intention to create their own crypto light occurred about a year ago, and in December 2018 it became clear that Facebook was developing cryptology from the so-called.

“Steblickoin” – digital currencies related to the actual to avoid sharp fluctuations in progress suffered by the owners of popular cryptoLooks. After that it became clear that the company would link its riches to the US dollar.

At the end of May this year. it was revealed that Facebook intends to issue its own crypto-adaptation and payment system in the first quarter of 2020 and that the company will discover the details of this project in the summer months before the cryptolytic tests. It is assumed that at the beginning of the crypt will be available to consumers in several countries who will be able to make secure payments without using bank accounts.

According to media reports, Facebook will have to seriously strive to gain consumer confidence in the new crypt, given the numerous scandals that have recently worsened the reputation of the company.

Facebook has chosen an interesting name for your crypto data



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