Reports indicate that Facebook is about to launch its digital Libra that she was working on long ago. Last we heard about this digital currency is that Facebook are looking for to secure support from key partners for this digital currency. And now, claims a new report that digital currency Libra, a subsidiary of Facebook will be supported by partners such as Visa and Mastercard and Uber when it is revealed tomorrow, Tuesday.
The Wall Street Journal reported US to Facebook and got the support of major financial institutions such as Visa and Mastercard currencies digital. This is in addition to the services the famous online like Uber and PayPal and Stripe and Booking.com.
Reportedly will invest each slice about $ 10 million to finance the development of the digital currency will become members of the Association of Libra Association. This independent body, which will be your in digital currency, independent of Facebook.
It is estimated that these companies are willing to participate, not only because it will be able to control the ambitions of the digital payment Facebook, but will also be able to take advantage of the popularity of Libra in the case of an adoption by a billion Facebook users around the world.
According to reports, will Facebook detects the work by the independent digital Libra tomorrow, Tuesday, 18 June. It is estimated that the process of full launch will not be until the year 2020. Would be Libra is a digital currency level, which means that it will be linked to a range of government agencies. Will it reduce the volatility that often what we are seeing with digital currencies such as Bitcoin.