China’s Digital Currency To Be Transacted Through Physical Contact Against Facebook’s Libra Cryptocurrency.

By Diutocoinnews

HuAccording to Shanghai Securities News, Mu recently published details on PBoC’s digital currency – apparently being carried out in a secret office away from the bank’s Beijing headquarters. He described it as a digital currency and electronic payment tool with “value characteristics.” My Changchun “Its functional attributes are exactly the same as paper money, but…

What Is The Facebook’s New Cryptocurrency Called Libra Cryptocurrency.

By Tony Diuto

Libra cryptocurrency is the new Facebook digital money dubbed Libra which was announced on Tuesday June 18 by Facebook. The Facebook new cryptocurrency ‘Libra’ was created to “enable a single global currency and financial infrastructure that empowers billions of people”. It will help users send and receive money on WhatsApp, Facebook Messenger and Instagram. The…

Facebook In Talk With Coinbase To Launch It’s Own Cryptocurrency.

By Tony Diuto

The social media giant Facebook reportedly in talk with the United States based Cryptocurrency Exchange Coinbase to develop it’s Cryptocurrency. As was reported by Financial Times about the Facebook’s “Globalcoin” project. Facebook has discussed the initiative with major crypto exchange and wallet Coinbase. The report also notes that Facebook reportedly spoke with the Gemini exchange,…

FACEBOOK TO BUILD DECENTRALIZED ID SYSTEM FOR USERS AND DEVELOPERS.

By Tony Diuto

Mark Zuckerberg the CEO of Facebook, the largest social media platform discloses the company’s intentions to build a Decentralized ID system for users. Facebook intends to utilize blockchain technology as an alternative for the popular in app integration —Facebook Connect for both users and developers. This will create an alternative to users and developers to…