Facebook’s Bitcoin rival might be used to power a massive online payment system

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We’ve known for a while now that Facebook formed its own blockchain team, and several reports said the company was working on a Bitcoin-like cryptocurrency that could be used for money transfers over its chat apps, like WhatsApp and Messenger. But Facebook’s crypto plans might be a lot bigger than that. According to a new report, the company is looking to build a massive online payment system that could rival the one’s currently in place.

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Facebook’s Bitcoin rival might be used to power a massive online payment system originally appeared on BGR.com on Fri, 3 May 2019 at 19:53:32 EDT. Please see our terms for use of feeds.

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