Facebook, is a Web2 based social network having 2.4 billion active users, has recently announced a move into the Web3. “Facebook launching a cryptocurrency” media is introducing. The reality is more complex. Facebook is planning to launch its own distributed ledger, token—Libra—and the Calibra wallet manages a native token. Libra It is to assume that through the backdoor of this wallet the company is making a move to rule the future of providing global sovereign digital identities.
Libra It is to assume that through the backdoor of this wallet the company is making a move to rule the future of providing global sovereign digital identities. Facebook users will be able to use Libra Tokens for online purchases and P2P remittances through that wallet for “low to no” fees. The whitepaper indicates that Libra, a stable token, which backed by various fiat currencies. To know more visit: http://bit.ly/2NvvD6B
