{"id":2536,"date":"2019-06-22T02:40:31","date_gmt":"2019-06-22T02:40:31","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=2536"},"modified":"2019-07-07T06:29:04","modified_gmt":"2019-07-07T06:29:04","slug":"facebook-unveiled-its-cryptocurrency-libra","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/facebook-unveiled-its-cryptocurrency-libra\/","title":{"rendered":"Facebook unveiled its cryptocurrency, Libra"},"content":{"rendered":"\n<p><strong>Facebook<\/strong>\u00a0finally unveiled the details of\u00a0<strong>Libra, its cryptocurrency.<\/strong>\u00a0Using Libra people can buy things or send money to people with nearly zero fees. It will be rolled out for use in 2020 and allow the platform\u2019s billions of users across the globe to make financial transactions online. \u00a0The currency will be serviced by a collective of companies called the\u00a0<strong>Libra Association.<\/strong><br> <br> <strong>Libra:<\/strong><br> Libra is a\u00a0<strong>global currency and financial infrastructure<\/strong>. In other words, it is a digital asset built by Facebook and powered by a new Facebook-created version of\u00a0<strong>blockchain, the encrypted technology<\/strong> used by bitcoin and other cryptocurrencies.\u00a0<br> Facebook aims to reach the 1.7 billion people around the world who do not have access to a bank account.\u00a0This new technology threatens to change the landscape of banking.<br> <strong>Criticism:\u00a0<\/strong>Facebooks&#8217;s Libra, cryptocurrency is already the subject of scrutiny, as Facebook faces<strong>increasing calls for regulation\u00a0<\/strong>and antitrust measures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Facebook\u00a0finally unveiled the details of\u00a0Libra, its cryptocurrency.\u00a0Using Libra people can buy things or send money to people with nearly zero fees. It will be rolled out for use in 2020 and allow the platform\u2019s billions of users across the globe to make financial transactions online. \u00a0The currency will be serviced by a collective of companies [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":2537,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[45],"tags":[],"class_list":["post-2536","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-articles"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/2536","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=2536"}],"version-history":[{"count":2,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/2536\/revisions"}],"predecessor-version":[{"id":3405,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/2536\/revisions\/3405"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/2537"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=2536"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=2536"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=2536"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}