[ad_2][ad_1] In May, while most of the Facebook-related reports still talked about the recent Cambridge Analytica scandal, Facebook quietly confirmed that a new unit led by former Messenger chief David Marcus would explore blockchain technologies. At the time, we wondered if Facebook was developing its own rival Bitcoin: a cryptocurrency …
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[ad_2][ad_1] Facebook's payment ambitions have made banks cautious for years, despite many false starts. But now it seems that Facebook is revolving around the development of remittance activities, starting with a cryptocurrency project in India. Through a blockchain development unit created this year – led by former PayPal president David …
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[ad_1] Facebook aims to develop a stablecoin to minimize volatility. The release of the currency is still far away while they are still working on the strategy. Facebook is expected to switch to financial services after hiring former PayPal president David Marcus to run his messaging app. Marcus became the …
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[ad_2][ad_1] Cryptocurrencies may be banned in India and go through a regulatory crisis here, but continue to incite debate and stimulate innovation to beat existing policy. Now work on a cryptocurrency that can be used on WhatsApp is Facebook. A Bloomberg report cited internal sources who said it the company …
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[ad_2][ad_1] Reportedly, Facebook is producing a cryptocurrency for users of the messaging service WhatsApp, Bloomberg reports on December 20. The token will be used presumably for money transfers made within the app and will focus on the remittance market in India. Citing sources familiar with the matter, Bloomberg states that …
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[ad_2][ad_1] WhatsApp, the company's encrypted mobile messaging application, is popular in India with over 200 million users. Photo: Bloomberg San Francisco: Facebook Inc. is working to create a cryptocurrency that will allow users to transfer money to their WhatsApp messaging app, focusing primarily on the remittance market in India, according …
Read More »[ad_2][ad_1] According to a new Bloomberg report, Facebook is quietly building a cryptocurrency to boost money transfers on WhatsApp. At the beginning of 2018, between the widespread bitcoin and cryptography, the Silicon Valley technology giant announced that it would launch a blockchain group. The team, led by the former head …
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