Tuesday, June 18, 2019

Facebook reveals Libra cryptocurrency and Calibra digital wallet

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Written by G.Я     6/18/2019 12:02:00 pm  No comments

Facebook reveals Libra cryptocurrency and Calibra digital wallet. Today Facebook announced the launch of Calibra, a newly formed Facebook subsidiary whose goal is to provide financial services that will let people access and participate in the Libra network. The first product Calibra will introduce is a digital wallet for Libra, a new global currency powered by blockchain technology.
Facebook reveals Libra cryptocurrency and Calibra digital wallet
Facebook reveals Libra cryptocurrency and Calibra digital wallet
Calibra is a new digital wallet that you'll be able to use to save, send and spend Libra. Calibra will let you send Libra to almost anyone with a smartphone, as easily and instantly as you might send a text message and at low to no cost.

When it launches, Calibra will have strong protections in place to keep your money and your information safe. Facebook will be using all the same verification and anti-fraud processes that banks and credit cards use, and will have automated systems that will proactively monitor activity to detect and prevent fraudulent behavior. Facebook will also offer dedicated live support to help if you lose your phone or your password - and if someone fraudulently gains access to your account and you lose some Libra as a result, Facebook will offer you a refund.

Calibra will not share account information or financial data with Facebook or any third party without customer consent. This means Calibra customers' account information and financial data will not be used to improve ad targeting on the Facebook family of products. Calibra will use Facebook data to comply with the law, secure customers' accounts, mitigate risk and prevent criminal activity.

Libra features:
Mobile: Libra will be accessible to anyone with an entry-level smartphone and data connectivity.
Stable: Libra is backed by a reserve made to keep its value stable.
Fast: Libra transactions are fast - send and receive money quickly.
For the world: Libra is a global cryptocurrency that will be available around the world.
Scalable: Libra will foster an ecosystem of products and services made to help people use Libra in their everyday lives.
Secure: Libra is a cryptocurrency, built on a blockchain designed with security in mind.

The Calibra wallet will be available in Messenger, WhatsApp and as a standalone app - and expect to launch in 2020.


G.R (prince) జి.ఆర్ जि.आर™.
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