Payment will be as easy as sending a message.

Facebook released Liberty Dates, the company's claim, 'Payment will be as easy as sending a message'.

Payment will be as easy as sending a message.

Social media company Facebook has lifted the curbs from its cryptocracy.  This currency has been named 'Libre'.  The Kailibara platform has been introduced for its management.  Libra's global launch will be held next year.  After launch, Liberty payments can be made by WhatsApp and Messenger.  The company has also introduced a digital wallet system in which the transaction records can be kept.

 Facebook says that payment by Libra will be as easy as sending a message.  However, Facebook may be having trouble implementing this plan in several countries, including India.  India has recently taken strict measures against cryptocarcity.

 According to Facebook, Kylibra is a new subsidiary company.  The purpose of which is to provide people with platforms for financial services.  This allows the users to get access to Libra Network.  A digital wallet for Facebook Libra cryptocarrency will be raised by Kylibara.  Which will be a global currency based on the block channel technology.  In addition to WhatsApp and Messenger, a separate app will also be launched.

 Facebook said that at least 170 million people worldwide do not have a bank account.  They will also be able to use Libra for financial transactions on smartphones.  Not only that, in the coming times, Facebook will also introduce more features such as PTC and Google Pay.  Services such as ticket booking and cab booking to restaurant bills will be included.  In this, scan code will be provided like Pantham.

 Facebook will use Andy Fraud verification for the safety and security of Cali.  Facebook's currency is still in the early stages, which was pointed out that it may take longer.  Facebook Libra is going to introduce currencies, but in countries where the crypto currency does not recognize, they can not get success.  However, Libra launch may take a year or so.

 Currencies are not used for advertising

 Considering the privacy, the company said that leaving some things will not give any third party information and data to users' accounts without the consent of the users.  Also, user data is not used for advertising.  However, the company said that in some cases the company can use the data for the purpose of securing users.  Facebook said that the whole system is in the beginning stage right now.  The company is working closely with the experts to present the product safely.