Facebook announces Globalcoin as their cryptocurrency
Published On : 2019-05-27 11:18:14
After our recent announcement on a possible Facebook coin, we now bring you some exciting news. Facebook is in the final stages of its plans to launch its own cryptocurrency in 2020 called Globalcoin.
The current plan is to set up a digital payment system in about a dozen countries by the first quarter of 2020.
By the end of 2019, they will start testing the cryptocurrency.
We've been following the social media giant and its blockchain plans for a while now and we'll keep you in the loop of all important updates.
It's exciting news that one of the largest social media platforms is publicly announcing plans to add crypto to their platform. This could be a major catalyst for mass adoption.
Along with Facebook other giant companies are implementing and rolling out blockchain features including Samsung and BMW.
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