What is Libra?
Libra Horoscope or Facebook Digital Currency Wallet(2019)
LIBRA
Libra in India today Libra Daily Horoscope, Libra Tomorrow Horoscope, Libra Weekly Horoscope, Libra Daily Horoscope, but in the world Libra currency is digital currency coming soon. Initial release date is 2020(projected)
Finally, last month Facebook announced its prominent "CryptoCurrency" Libra after long speculation. We have learned ed some basic things about Face book's new currency.First of all, even if Libra is launched worldwide in the coming year, it is unlikely it will be launched soon in India.
Libra is not as it is called Face book's initiative. In fact, since Face book's reliability is almost at the bottom of the issue, people are less likely to trust Facebook for their money. Apart from Facebook, a number of well-known companies like MasterCard, Visa, Uber, Vodafone, PayPal, etc. In association with the "Libra Association" has been formed, which together with Libra will manage the currency.
There is a clear explanation of Libra's needs. Now if we want to exchange money for the sale of anything in the world, then there is a lot of roads in it, but among them all the role of the payment gateway, bank, etc. can be free from the control organization. Is there. Considering the currency of different countries of the world, it is not very easy to get money.
In addition to Facebook, the current banking system in the world could reach as many as 1.7 billion people due to many reasons, but up to a billion people have reached smartphones and Internet connections. People can take advantage of Libra.
Libra will try to change something like this. Facebook itself will start a wallet called Calibra Wallet, which will also run in WhatsApp and messenger as well as in the standalone app.
Like the existing mobile wallet, people from different countries will transfer money according to their country's currency to Libra's wallet and in return, they will get Libra currency for that much value, we can pay the price in Libra whenever we buy anywhere in the world.
In this way, we will also be able to accept the payment in Libra. As per the requirement, we will be able to get the money back in our country's currency in lieu of deposited Libra in our Libra account.
In a way, our country is now a wallet or payment bank such as a money market. Fair only is just that its management can be done with the help of block chain technology.
The acceptance of the block accounting process in Block Chain Technology is very broadly, in a number of different lagers spread across the online. It does not have any centralized business like a bank. Thereby increases the accountability of the accountants.
Unlike bit coin, Libra will get the approval of various governments.
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