Facebook launches its first cryptocurrency

A few days ago, Facebook announc that it first cryptocurrency would begin mass producing a cryptocurrency. Which is call “Libra” and has gain great popularity today.

However, many still wonder what this cryptocurrency has that the others don’t. Why it is so special and if it represents any change in the world of digital technology, this fact will be mention below:

How does this cryptocurrency work
The Libra, as specifi by Facebook’s communication first cryptocurrency managers, will be operating through a virtual wallet belonging to this same company known as “Calibra” .

In the latter, a type of wallet will be creat, where money transactions can be made in real time and through which this cryptocurrency can be sent or receiv.

Something really important to take into consideration is that to have an account in “Calibra” you must be a Facebook client and also have some legal certification document.

How is this cryptocurrency different from other existing ones

It is important to include that said cryptocurrency list of tunisia consumer email will be manag by an autonomous company call “Libra Association” made up of digital sub-companies, among which Mastercard, PayPal, eBay, Uber, Spotify and Vodafone stand out .

list of tunisia consumer email

However, others such as Lyft, Mercado Libre and even Booking Holding have been add to the subsidiary.

In fact, the latter acquir shares in the association for a price of more than 10 million dollars , something that will create positive consequences for the price of the cryptocurrency.

This cryptocurrency has two factors that make it different from the others already market on the market, these are:

You may also be interest in: Promoting a greater entrepreneurial spirit among university students

Official sales mode

According to official sources, Libra will be us for caixabank and enisa will award the most innovative payments by different companies, including those already mention, such as Mastercard and even PayPal.

However, its creation is to execute official aob directory purchase-sale transactions for Facebook, since with the help of cryptocurrency a much more universal payment method than the one that already exists can be creat.

Libra can also be us by companies link to Facebook, such as WhatsApp and Messenger, which will unify the three platforms and systematize the payment process.

The latter has been requir, since there are a wide variety of countries that do not have foreign currency banks at their disposal.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top