Jun 19, 2019
On 18 June, 2019, Facebook announced to launch a new type of digital money, its long awaited crytocurrency plans "Project Libra". If this is successful then users will be able to do transactions at nearly zero fees and also will be able to use wide variety of other merchants like Uber, Spotify and MasterCard. In addition company also announced to launch a new digital wallet known as Calibra, a separate subsidiary which will be operated by the Facebook and provide users a way to store and spend Libra. Let us find out what is Libra, why it is called Libra, how it can be used, is it safe to use etc.