The world’s largest social network, Facebook seems that they are planning to launch their own digital coin. Facebook has declined to comment on the speculation, but they are clearly up to something. Mark Zuckerberg, boss of Facebook, said “it should be as easy to send money to someone as it is to send a photo”.

In the United States, peer-to-peer transfers are already allowed on Facebook’s Messenger app. But only between accounts linked to payment cards issued by banks and in existing currencies. But the new blockchain-based money would be a currency on its own. Facebook will be likely to develop their own currency based on a blockchain so that they can pull even with other global apps such as WeChat in China which is already providing easy payment features.

Including Facebook, major companies in all over the world try to invest and develop their own cryptocurrency, it will not harm us to understand about blockchain and crpytocurrency and even invest in it earlier than others. If you would like to know more about the blockchain development and join the community that you can get information and specialized sources then you can try BINT Protocol.

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