The Currency Analytics
By Dan Saada
It has been a matter of presumption and assumption that Facebook will be facilitating ordinary fund transfers with its own cryptocurrency.
A statement from Facebook reads: "Like many other companies, Facebook is exploring ways to leverage the power of blockchain technology, this new small team is exploring…
Cryptocurrency as a digital era-payment has already been through the price action reflected by the market hype.
The transaction fees for money transfers are very high and particularly so when it involves converting the money from one currency type to another.
David Marcus, formerly president of Paypal is now on the Facebook project according to the Times.
A report from Diar states that the Proof of Work Blockchains like Dash, Litecoin, Ether, and Bitcoin have earned more than $18 billion, therefore, cites that Visa, MasterCard,…
The core elements of cryptocurrency are focused towards “freedom of money” and lowering transaction costs.
If networks do not fully embrace this technology, they might find themselves lose their market when it comes to use cases like in International Payments, which will happen…
The hype has died down, and it is the reality phase that we are dealing with now. Increasing adoption and improved data saving techniques with the ability to process…
It is expected for the new cryptocurrency from Facebook to be integrated with Facebook's WhatsApp messaging platform, thus facilitating WhatsApp users to be able to send…
It is expected for Facebook to peg their cryptocurrency to several national currencies. Thus, achieving greater stability as opposed to tying itself to just the financial…
The major challenge that Facebook should resolve when adopting cryptocurrencies is that of improved accessibility and decentralization.