Libra: Facebook officially publishes their first crypto-currency

The social networking giant from Silicon Valley officially announces more than it would like to visit: A new cryptocurrency where it aims to use the online website, for speed, for free and for the safety of smartphones around the globe , bypassing commercial finance.

The project presents a wonderful push from Facebook to a radically new and reputable sports industry, although the company continues to suffer under the double weight of scandals, seeking from the crisis to create privacy until its involvement in the spread of hate speech. that fueled the genocide in Myanmar, Business Insider has reported.These include payment firms such as Mastercard and PayPal to technology firms, including Ebay, Uber and Spotify, as well as venture capital firms, blockchain companies and nonprofit groups.

There have been numerous leaks in the media about Libra over the past few months, and while it is being made official on Tuesday, it will not be available to regular users until 2020.”Books will be a stable currency built on an open ‘blockchain’ of secure and stable resource, backed by a real estate reserve and governed by an independent association,”

“Our hope is to create more access to better, cheaper and more open financial services – no matter who you are, where you live, what you do or how much you have.”

 

ncerkini

I am Nuhi Cerkini, a student at Lucerne Business School doing a Master in Business Administration with a major in OBM. In general I would like to write for various topics which are more related to the online trades and financial industry.

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