Facebook blockchain lead David Marcus told U.S. lawmakers that the social media giant plagued by privacy scandals won’t have access to personal financial information with its new cryptocurrency.
Read MoreA veteran of one core-technology systems provider is throwing his weight behind another. Alexander Lopatine, the founder of Nymbus, has been named head sales in the Americas for San Francisco-based Mbanq, which simultaneously announced that is has bought the online and mobile banking platform AgilityFour. The price was not disclosed.
Read MoreWhen it comes time to pitching in on a restaurant tab or sending 20 bucks to a friend, cash is no longer king, at least with millennials. Mobile payments are everything now. But if you are deciding which app to download — which service is best, and which is safer? It turns out it depends […]
Read MoreBlockchain as a service (BaaS) allows enterprises to use cloud services for building, hosting, and deploying their own blockchain apps, agreements, and utilities. The cloud service provider supports all operations to keep the infrastructure responsive and functional.
Read MoreIs Facebooks moneyLibrafunny money, or a threat to all currencies? Or is it just a giant scam to transfer peoples cash into Facebook? Facebooks proposed currency, Libraor as NPR put it, Facebuckshas created a storm.
Read MoreFacebook‘s plan to launch its own cryptocurrency next year is already attracting the interest of cyber criminals, according to new research. The social network announced the Libra cryptocurrency on 18 June, alongside 27 of the world’s biggest companies.
Read MoreHead of Instagram, and former Facebook executive, Adam Mosseri has outlined his ambitions to connect the dots thoughtfully and introduce in-app shopping to photo sharing platform Instagram, the Financial Times has reported.
Read MoreFacebook(NASDAQ: FB) andTwitter(NYSE: TWTR) have defined the social media sector since its early days. The two companies together pioneered many of the social media concepts that have become part of the mainstream lexicon, including trending topics, the news feed, and even liking something.
Read MoreFILE – In this Feb. 26, 2018, file photo a visitor uses his phone during the Mobile World Congress wireless show, in Barcelona, Spain.
Read MoreFacebook has announced that it’s working on a cryptocurrency. Libra will be powered by blockchain technology and will be used to send payments from Messenger, WhatsApp, and from other third-party applications. If it works, it could be a very big deal. Facebook isn’t new to the world of digital payments.
Read MoreGoldman Sachs could follow JPMorgan Chase in creating a digital coin, CEO David Solomon has revealed in an interview in which he also dismissed the threat of tech giants such as Facebook moving beyond payments into deposits.
Read MoreCryptocurrencies live in a volatile, roller-coaster world, which Facebook is seeking to change with its new Libra digital money. The new digital currency will be overseen by a nonprofit association and backed with real assets to serve as a reliable, stable form of globally accepted money that lives essentially on smartphones.
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