Facebook bank to keep the money?

Facebook bank to keep the money?

What is your confidence on Facebook? If Facebook starts the journey as a bank, will you keep the money there? Facebook is going to begin the journey in the Cryptocarcan world - so the question is being raised.

The most discussed virtual currency of the period 'cryptococarrency'. Facebook is going to jump into this cryptocarrency Facebook will create its own currency, such as Bitcoin currency, Bitcoin, in the world of technology. However, the Facebook's digital cash system has not yet been named.

Eprothom Alo hit a big hit last week in Facebook. The 15-year history has been closed for the longest time, the social media medium. Facebook's secret project 'Facebook Coin' has been reported within a week of publication in mainstream media. However, before a secret Ireland's central bank has taken e-Mani's license to Facebook. The licenses taken two years ago, there are various issues like introduction of e-money, payment of payment, credit transfer, payment of bill, expatriate income.

Facebook bank to keep the money?

In 2015, Jamie Deemon, CEO of JP Morgan Bank, warned the bank's shareholders that Silicon Valley was coming. Silicon Valley will challenge the banking and payment sector. He said the position of big financial institutions about Bitcoin was opaque and fraudulent. Last month, the bank introduced JPM coins. This coin can be used to meet the interim debt. He said that he has removed their ambiguity in this regard.

Financial institutions and large technology companies of Silicon Valley are taking cryptoconcarnation and digital resources and are also planning big plans in this sector. Facebook is going to work on cryptanacarana named Coins, it is called stable coins.

Earlier, according to a report by the British-based The Sun Online, Facebook is thinking of launching it as a durable currency due to the price of Facebook's cryptococcensive bittacquet that can not fluctuate. With this you will be adding WhatsApp Money Transfer and payment system. This will be a great job for the Facebook Marketplace.

Facebook bank to keep the money?

How the policy-makers and regulators will adapt to this is becoming a big question. Many people have lost confidence on Facebook since the Cambridge Analytics scandal. United Kingdom election consultancy firm Cambridge Analykas used to handle user data from Facebook to influence the US elections. According to the scandals, the information collected by the people of the world is being demanded by the politicians of the world to control Facebook.

Customers' confidence in Facebook has dropped due to leakage and scandal surrounding Facebook. A study by an organization named Paneen Institute found that before the Senate's hearing, 66 percent of the respondents said confidence would be lost.

Analysts say banking and financial sector depend on customer confidence. But bankers, politicians, policy makers and regulators are keeping an eye on Facebook on Facebook.

Many customers can not properly track Facebook's activities. Many do not understand how cryptanarasi works, how banks work. But they have confidence in the company's board, policies, lawmakers and regulators. They do not want to be deceived. They want to keep their confidence.

But the question of how much confidence Facebook will have on Facebook in the case of Facebook one by one. References: Forbes.com.