Category: General|Jun 18, 2019 | Author: Admin

Visa, MasterCard and Uber invest in Facebook's crypto currency

Share on

May be announced next week.

May be announced next week.

Facebook is approaching the unveiling of a new payment platform based on crypto currency, and now the Wall Street Journal reports that a number of giants have chosen to invest in the new service.

Both Uber, MasterCard, Stripe, Visa, Booking.com, PayPal and more will support the new payment platform, the newspaper says.

If the rumors vote, Facebook will unveil the new crypto poll already next week.

10 million each
The companies supporting Facebook's currency are reported to have invested $ 10 million each in a separate organization to manage the new digital currency, which is codenamed Project Libra.

The Information claims that Facebook wants to have around 100 organizations as "owners" of the crypto network to avoid a single player (Facebook) gaining too much power.

Sponsored Ads:

Comments:


Now Windows will be bothered about this too

Category: Microsoft|Apr 18, 2024 | Author: Admin

Test the new AI trick with Logitech

Category: IT|Apr 17, 2024 | Author: Admin

The US Government Has a Microsoft Problem

Category: Microsoft|Apr 16, 2024 | Author: Admin

Now comes the commercial

Category: Microsoft|Apr 15, 2024 | Author: Admin

Linux Foundation is leading fight against fauxpen source

Category: IT|Apr 14, 2024 | Author: Admin

3000 news articles!!! Happy reading!

Category: General|Apr 13, 2024 | Author: Admin

Google shuts down new product

Category: IT|Apr 12, 2024 | Author: Admin

YouTube CEO warns OpenAI that training models on its videos is against the rules

Category: IT|Apr 11, 2024 | Author: Admin

Google unveils Arm-based data center processor, new AI chip

Category: Google|Apr 10, 2024 | Author: Admin

Microsoft to invest $2.9 bln to expand AI, cloud infra in Japan

Category: Microsoft|Apr 9, 2024 | Author: Admin

Nintendo shuts off online access for 3DS and Wii U today

Category: IT|Apr 8, 2024 | Author: Admin

Musk challenges Brazil's order to block certain X accounts

Category: IT|Apr 7, 2024 | Author: Admin

Here’s how much Microsoft will charge for Win10 security updates once support ends

Category: Microsoft|Apr 6, 2024 | Author: Admin

Samsung has beaten Apple again

Category: IT|Apr 5, 2024 | Author: Admin

Patent reveals Apple's ingenious goal

Category: Apple|Apr 4, 2024 | Author: Admin
more