Libra,Facebook coin, Officially announced ,facebook currency
Facebook and another 27 organizations have finally confirmed their plans for Libra, "a global, reserve-backed digital currency that people can use for their everyday needs on the Libra network, a new more inclusive financial ecosystem", powered by block chain technology. The network is expected to launch in the first half of 2020. (Updates throughout the entire text.) Two official websites - Libra.org and Calibra.com - have been launched today and explain the project in more detail. "Libra’s mission is to enable a simple global currency and financial infrastructure that empowers billions of people," the whitepaper of the Libra project states. While Calibra.com has been presented as "a connected wallet for a connected world" and is being currently built. "Facebook is joining the Libra Association through a newly established subsidiary, Calibra, which will be building financial services for Libra. Calibra’s first product will be a digital w...