Facebook Is Developing Its Own Cryptocurrency

Facebook Is Developing Its Own Cryptocurrency

Earlier this year, Facebook and other social media platforms hit the headlines after it was announced that they were banning all advertisements that were linked with ICO’s, but rumours are now flying that a Facebook cryptocurrency might be coming sooner than we ever thought.

It has been announced that Facebook is seriously considering creating their own cryptocurrency with the aim of allowing its users to make electronic payments. Whilst Facebook have always been very open when it comes to their roadmap, it has never featured blockchain technology, because, they have instead chosen to remain tight lipped about this latest development.