Facebook plans to launch its own Cryptocurrency

Facebook plans to launch its own Cryptocurrency

It seems that the digital currency market will undergo a major transformation in the coming years. After Telegram revealed its desire to launch an Cryptocurrency, the news speaks of the progress of Facebook in the same direction to launch a new digital currency.

The site of Cheddar said in a special report that the company is working on the launch of a Cryptocurrency, and although the details published by the report few, but he spoke about the company's intention to take advantage of this in the company's payments on its platform.

According to the report, David Marcus will lead the process of Facebook in the development of digital currency, Where he was recently appointed as Blockchain Technology Manager with the launch of the company division, which means that there are explicit plans to develop different technologies for the company using Blockchain.

Posted in: Tech Current Affairs