Facebook Launches a New Cryptocurrency Social Network in the World

Facebook has been the most widely used social network in the world for years. Building on this success, he does not hesitate to buy multiple platforms. Among the best known, we can find Instagram, WhatsApp, and the Sweden Phone Number List company Oculus VR. To date, the social network has more than fifty acquisitions. But the social network does not stop there; In early June 2019, Mark Zuckerberg, the founder of Facebook, presented his project for a new cryptocurrency Libra. The latter is Sweden Phone Number List quite simply a virtual currency, like bitcoin for example. Your SMO agency explains in more detail the new currency developed by the first of the social networks.

Libra, the Cryptocurrency Created by Facebook Mark Zuckerberg

This alliance will allow them to have access to all the data. With the aim of analyzing them in order to offer new services. However, all such data would be anonymized. For the purpose of diversification, facebook has Sweden Phone number decided to develop a new cryptocurrency: libra. The social network is the investigator of the project but has no connection with it. The latter will launch the calibra platform. The digital wallet that will allow users to pay for their purchases. Will this new cryptocurrency really need a new international currency?

The Social Network Will Be One of the 28 Partners

The objective of facebook and its partners is that libra. Thanks to the many Facebook users, the new cryptocurrency could become an international currency, and thereby compete with traditional banks. The subject of the collection of personal data arises. Facebook wants to preserve the privacy of its users. And therefore will not be able to access information from their calibra account. Facebook wants to preserve the Sweden Phone Number List privacy of its users,and therefore will not be able to access information from their Calibra account. This is a new step towards transparency that the social network wishes to install following the numerous scandals that have erupted in recent years, in particular, that of Cambridge Analytica.

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