FACEBOOK PLANS TO CREATE ITS OWN CRYPTOCURRENCY

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FACEBOOK PLANS TO CREATE ITS OWN CRYPTOCURRENCY

Facebook makes a steps into the world of crypto. The company will release its own blockchain-based token, thus users will be able to make transfers and purchases within the platform. The idea was born after the creation of a working group to explore the blockchain technology. Recall that the new working group, led by David Marcus, the head of Messenger and former president of the PayPal payment system, will study how blockchain technology will help improve Facebook. In the case of the idea implementation Facebook cryptocurrency will be able to join leading cryptocurrencies with a large number of daily active users.

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