• Spotify: Facebook's Libra Cryptocurrency Will Help Subscription Services

    4 monthes ago - By Variety

    When Facebook officially announced its plans for a new cryptocurrency called Libra Tuesday, it also revealed that Spotify was part of a consortium of companies called the Libra Association that is backing the project. The music service hopes that digital money can help subscription services sign up new customers. “One challenge for Spotify and its...
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  • Facebook Finally Reveals Own Cryptocurrency "Libra"

    Facebook Finally Reveals Own Cryptocurrency "Libra"

    4 monthes ago - By Hypebeast

    After plenty of speculation , Facebook finally announced its upcoming platform, Calibra, and its new cryptocurrency Libra. Governed by the Libra Association, which comprise of co-founders such as Uber , Lyft , PayPal , and Facebook itself, the Switzerland-based organization will manage the new platform independently and as a non-profit entity. The 28 co-founders promise to "manage and evolve" the blockchain built global currency with its reserve of Libra Reserve assets. While Facebook is playing a key role in the development of Libra Blockchain and the Libra Association, Libra won't be...
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