Facebook Releases Plan For Its Libra Cryptocurrency To ‘meet The Daily Financial - Technology Market - Nairaland
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Facebook Announces New Cryptocurrency Called ‘libra / Facebook Launches Libra, The Supposed New Paypal / Facebook Introduces Its Own Digital Currency - Libra (2) (3) (4)
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| Facebook Releases Plan For Its Libra Cryptocurrency To ‘meet The Daily Financial by Bobbyfine: 3:37pm On Jun 23, 2019 |
QUICK TAKE [/b ]Facebook unveiled today its much awaited new low-volatility cryptocurrency Libra, powered by a smart contract platform that’s built to be “secure, scalable, and reliable” Libra, which is governed by non-profit Libra Association based in Geneva, Switzerland, aims to serve billions of people across the world who are currently unbanked Libra is starting out on a permissioned blockchain network but is set to make the transition to permissionless over time The Libra Association is also set to be issuing its own security tokens (STOs) called Libra Investment Token as a measure to fund incentive programs and cover operating costs Enterprises and corporations who serve as validator nodes are to make an initial minimum investment of $10 million worth of Libra Investment Tokens and are expected to incur yearly costs of approximately $280,000 [b]Read more:http://ict-doctor.com/facebook-releases-plan-for-its-libra-cryptocurrency-to-meet-the-daily-financial-needs-of-billions-of-people/ |
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