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Monday 14 May 2018

Decision to introduce Crypto currency to facilitate Facebook payments

California: Largest web site for social connections Facebook announces introduction of its Crypto currency. According to reports, Facebook will introduce its Crypto currency to facilitate payments on their platforms. The Facebook Corp. headed by the currency department, David Marcus, who is also watching Facebook Messenger at this time.

The report states that Facebook's own Crypto currency capability can take many years to be converted because block chain technology is now going through its initial phase. The Facebook will not launch its Crypto currency till then It is not able to handle large-scale transactions.

Facebook founder Mark Zuckerberg said in a new year in January, that the company will experiment with block China technology. The next week, the reports found that Facebook has blocked China Channels Solutions in its products. A new research and development branch has been created to provide

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