Facebook is working on its own cryptocurrency

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Hoping to invest in the next Bitcoin? Keep an eye on Facebook. No, but really. According to a Cheddar report, the company is hard at work on its own cryptocurrency. 

Cheddar, citing sources familiar with the matter, claims that Facebook users could use the new "digital token" to buy and sell through the platform. The social network is also "exploring other ways" that it could use such a currency. 

Mark Zuckerberg announced in January that Facebook planned to "go deeper and study the positive and negative aspects of" new technologies such as cryptocurrency.  Read more...

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COntributer : Mashable https://ift.tt/2KXn0fU

Facebook is working on its own cryptocurrency Facebook is working on its own cryptocurrency Reviewed by mimisabreena on Saturday, May 12, 2018 Rating: 5

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