Facebook just announced its Bitcoin rival, but is it really safe and secure?

%name Facebook just announced its Bitcoin rival, but is it really safe and secure? by Authcom, Nova Scotia\s Internet and Computing Solutions Provider in Kentville, Annapolis Valley

Just as expected, Facebook on Tuesday announced its Bitcoin rival called Libra, a cryptocurrency created by a Facebook subsidiary called Calibra that will be managed by an oversight body called the Libra Association. The Libra coin will not be available immediately, as the announcement only covers the vision and technology behind the Facebook blockchain. But the company says Libra will be private, mostly.

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Facebook just announced its Bitcoin rival, but is it really safe and secure? originally appeared on BGR.com on Tue, 18 Jun 2019 at 07:31:13 EDT. Please see our terms for use of feeds.

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