Now Facebook Is Reportedly Plans To Launch Its Own Cryptocurrency
According to reports It is seen that the social media giant, Facebook reportedly planning to launch its own cryptocurrency (Facebook Cryptocurrency).
Facebook is examining the creation of its own cryptocurrency, a virtual token that would allow its billions of users around the world to make electronic payments.
Currently, There is not more much information to roll out about Facebook Cryptocurrency. As the moves, which were announced internally to employees today, but soon we see facebook facilitates its users for payments on the platform.
It is the other way to hold the tokenized digital currency and its underlying blockchain technology across its platform, Said Facebook.
Moreover, The company Already research on emerging technology almost a year ago in order to integrate the social platform.
Earlier, David Marcus (head of the messenger at Facebook and Former President / CEO at PayPal) was reported to be leading a new blockchain division at Facebook “to explore how to best leverage Blockchain across Facebook, starting from scratch.”