Business Media
  • ECONOMY
  • CORPORATE
  • Gadget
  • MARKETS
  • MONEY
  • Stories
  • Interview
  • TECH
  • Event
  • OPINION
  • Press Release
  • Blog
  • Magazine
Business Media
  • ECONOMY
  • CORPORATE
  • Gadget
  • MARKETS
  • MONEY
  • Stories
  • Interview
  • TECH
  • Event
  • OPINION
  • Press Release
  • Blog
  • Magazine
No Result
View All Result
Business Media
No Result
View All Result
Home TECH

Facebook’s Cryptocurrency Libra To Lunch as Early as January

by BM Teams
November 28, 2020
in TECH
1
libra
Share on FacebookShare on Twitter

Facebook finally planned to launch its cryptocurrency ‘Libra’ globally.  Facebook says that its digital currency Libra will work on blockchain technology.  Through this, people will be able to transact money, make money transactions easily. Currently, Facebook is going through a legal process regarding its privacy.

Faced with data privacy disputes, Facebook is now going to create currency, due to which the confidentiality of banks, national currency, and users can be threatened.  However, Facebook says that it will protect all the information related to the user’s bank details and payment.

The company also talked about Facebook’s digital wallet Kalibra through which payment will be as easy as sending photos around the world.

 facebook

Advantages of Libra

  • Money can be transacted on Facebook Messenger and WhatsApp.
  • Digital currency transactions can be tracked with the Digital Wallet app.
  • It will be much easier for people to buy and sell Libra as a cryptocurrency.
  • There will be no extra charge on the transaction of digital currency.
  • You can also exchange it with a traditional currency like the rupee, dollar.

Facebook has also prepared the governing body of the currency and has formed a council for this.  The official name of the 21 members of the Libra Association was officially signed for the Libra.  The Libra Association said that in addition to 21 companies for digital currency, 180 other firms and companies had shown interest in it.

Read More: Vodafone & Idea Are Now ‘Vi’

Facebook claims that the Libra will not only be used globally, but it will give a boost to e-commerce and will also get more earning opportunities through advertisements.

Tags: CryptocurrencyFacebookLibra
Share68Tweet42Share17
Previous Post

Vodafone & Idea Are Now ‘Vi’

Next Post

Cisco agrees to acquire IMImobile for $730 million

Related Posts

HostNamaste Review
TECH

HostNamaste Review: Is This Hosting Worth Signing up for?

December 3, 2022
Digital Marketing Agency
Blog

Why Is Hiring A Digital Marketing Agency A Good Investment?

December 2, 2022
QloudHost Review
TECH

QloudHost Review – Best DMCA Ignored Hosting Provider

November 17, 2022
Host Namaste
TECH

HostNamaste Review: Everything You Need to Know Before Signing in

September 28, 2022
Landing Page Optimization
TECH

Steps To Increase Landing Page Optimization with kwikcart

May 9, 2022
Free Fire Redeem Codes
TECH

Garena Free Fire Redeem Codes for 22 March released: Here’s how to claim rewards

March 25, 2022
Next Post
Cisco

Cisco agrees to acquire IMImobile for $730 million

Comments 1

  1. Pingback: Cisco agrees to acquire IMImobile for $730 million

Leave a Reply Cancel reply

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

No Result
View All Result

Popular Post

  • Bhavish Aggarwal

    EV fires Ola may recall a few batches of electric scooters, says Bhavish Aggarwal

    197 shares
    Share 78 Tweet 49
  • Benefits of Participating in Gulfood 2022

    195 shares
    Share 78 Tweet 49
  • The Power of Simple Interest And Compound Interest

    192 shares
    Share 76 Tweet 48
  • Recliner Sizes Guide – What are the Common Recliner Dimensions

    192 shares
    Share 76 Tweet 48
  • Microsoft to End Internet Explorer in August 2021

    186 shares
    Share 74 Tweet 46
Business Media

business media Latest Breaking News, business Pictures, business Videos,business magazine and Special Reports from Business. We publish daily business news on our website

Mail : media@businessmedia.in

Phone : +91-9034408083

About Company

  • About Us
  • Terms and Conditions
  • Career

Quick Links

  • Advertise with US
  • Partner With us
  • Contact Us
  • Write with Us
  • Guest Post


Nationa News

  • About Us
  • Contact Us
  • Career
  • Terms and Conditions
  • Disclaimer

© 2020 business Media

No Result
View All Result
  • ECONOMY
  • CORPORATE
  • Gadget
  • MARKETS
  • MONEY
  • Stories
  • Interview
  • TECH
  • Event
  • OPINION
  • Press Release
  • Blog
  • Magazine

© 2020 business Media