Items tagged with calibra

The era of cryptocurrency is not behind us, apparently. One look at Bitcoin's value—it sits at around $9,143 currently—indicates that there is room for at least one type of digital coin, even after the crypto-bubble burst last year in general. It is not just Bitcoin, though. Facebook is making a major move into the cryptocurrency space and has the backing of some major payment firms. Facebook's new and open-source digital currency is called Libra. It will be managed by Calibra, a newly formed Facebook subsidiary, with the goal of providing financial services all around the globe while leveraging blockchain technology. The first product that Calibra will introduce is a digital wallet... Read more...