Author Topic: Facebook wants to have its own cryptocurrency for transactions within its platfo  (Read 110 times)

Offline Muzaffar

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May 12, 2018 - Updated May 12, 2018, 17:17         RAÚL ÁLVAREZ
Many believe that the future is within the use of bitcoin and other crypto currencies , but this takes on a new dimension when brands or large companies also believe it and are willing to promote this type of project. We already had for example the case of Telegram , which although the public offer ended up being canceled , the proposal moved within private funds and even raised 1,700 million dollars. Now, it seems that it's the turn of someone much bigger.
According to Alex Heath , Facebook is planning to launch its own cryptocurrency , which would be used to make transactions within the platform, ranging from mobile payments, to sending currency to contacts and purchasing products in the Marketplace.
Facebook in that search for being an independent institution
So far there are few details, since it would be a project at a very early planning stage, but at least it would already have the necessary bases to start it. In fact, the idea is that this cryptocurrency was operational within a good couple of years.
The importance of this is that thanks to its large user base, and especially the daily assets, Facebook would not only have a tool that would help to carry out operations, saving a lot of management, operation and commissions, but would help to popularize this type of technology within those people who know nothing about this topic.
Come on, this movement by Facebook could be classified as a possible catalyst in the world of cryptocurrency , promoting its use and causing greater adoption, not only within Facebook, but throughout the world.
It is said that David Marcus, who would have taken command of the new division of blockchain on Facebook after leaving the position of director in Messenger, would be responsible for developing the project of the new cryptocurrency where he would seek to "explore how to make the most of blockchain in Facebook, starting from scratch. "
In fact, Facebook has already confirmed that they have formed a new small team that will be dedicated to exploring the different applications using blockchain , in order to take advantage of all the power of this technology. And they ended up mentioning that until now they do not have anything else to share.


Offline munira.ete

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Nice post.

Offline sheikhabujar

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Very resourceful.
Sheikh Abujar
Lecturer, Department of CSE
Daffodil International University
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