{"id":85245,"date":"2019-06-18T15:14:52","date_gmt":"2019-06-18T09:44:52","guid":{"rendered":"http:\/\/factly.forumias.com\/?p=5960"},"modified":"2019-06-18T15:14:52","modified_gmt":"2019-06-18T09:44:52","slug":"facebook-to-unveil-new-cryptocurrency","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/facebook-to-unveil-new-cryptocurrency\/","title":{"rendered":"Facebook to unveil new cryptocurrency"},"content":{"rendered":"\n
  1. Facebook has decided to launch a cryptocurrency\ncalled Libra. The currency is designed not to be a speculative asset, like\nBitcoin, but a form of digital money backed by a reserve of assets.<\/li>
  2. Facebook has also formed the non-profit Libra\nAssociation with 27 other partners to oversee Libra and its development. The\npartnership includes venture capital firms, non-profit organizations, crypto\nfirms, and massive corporate financial, telecommunications, and technology\nservice providers. <\/li>
  3. In 2018, Venezuela launched Petro, becoming the first\ncountry to officially launch its own cryptocurrency. The petro is intended to\nsupplement Venezuela’s bolivar fuerte (VEF) currency and help overcome US\nsanctions. Petros are “pre-mined”, meaning the government produces\nand controls it.<\/li>
  4. The Marshall Islands has also decided to launch \u201cSovereign\u201d\n(SOV), a cryptocurrency which can be used as a legal tender. <\/li>
  5. Crypto currency, is a digital currency. It uses\nstrong cryptography to secure financial transactions, control the creation of\nadditional units, and verify the transfer of assets. E.g. Bitcoins, ethereum\netc. <\/li><\/ol>\n

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    Facebook has decided to launch a cryptocurrency called Libra. The currency is designed not to be a speculative asset, like Bitcoin, but a form of digital money backed by a reserve of assets. Facebook has also formed the non-profit Libra Association with 27 other partners to oversee Libra and its development. The partnership includes venture… Continue reading Facebook to unveil new cryptocurrency<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1738],"tags":[2498,2499],"class_list":["post-85245","post","type-post","status-publish","format-standard","hentry","category-science-and-technology-daily-factly-articles","tag-cryptocurrency","tag-libra","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704581775},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/85245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=85245"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/85245\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=85245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=85245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=85245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}