Facebook presented its digital project Libra and blockchain wallet for it.
Facebook introduced the digital project Libra and blockchain wallet, which will allow it to store, transfer and pay for this digital asset. The wallet was named Calibra — now on its website you can register for early access and read information about Facebook cryptocurrency. Full launch is scheduled for 2020.
The wallet will be integrated into Facebook, Messenger and WhatsApp. It, like the Libra cryptocurrency, is focused on developing countries. Facebook stresses that almost half of the country’s population does not have a bank account, and about 70% of small businesses in countries do not have a chance to get a loan.