Introduction to Facebook Libra Cryptocurrency
                     INTRODUCTION 
TO 
FACEBOOK LIBRA CRYPTO 
CURRENCY
Financial times
Introduction
Facebook CEO Mark Zukerberg made 
announcement that in 2020, Facebook 
users can enjoy online transaction with 
virtual currency.
Named it as LIBRA currency.
The economics times
Libra currency
According to Facebook Libra is a “global     
    currency and financial infrastructure”. 
 After Bitcoin and Blockchain Facebook 
introducing a digital currency by using 
encryption technique.
CNBC.com
Why it is called Libra 
currency?
Financial 
times
In Roman weight measurement Libra i.e., Lb 
is unit of pound.
Therefore they used the name Libra for their 
cryptocurrency.
Why FB wants to launch Libra 
currency?
 In the digital world it is 
important to make financial 
aspects more friendly.
 The World is growing  with 
new technologies, but still 
1.7 billion people all over 
world are not use bank 
accounts and those 
NZ herald
processes are sometimes not 
understood by them.
How to get Libra currency?
Facebook aims to provide 
the currency without bank 
accounts and those 
processes.
Facebook hasn’t clear yet 
about how to get it, but gave 
NBC news
an idea that one can simply 
buy using visa or master 
card.
How to use Libra currency?
Just like Paytm, Phone pay or 
Google pay wallet you will 
have to download Calibra 
wallet to use the currency.
Calibra is integrated with 
CNBC.com
Whatsapp, messenger and also 
can be downloaded as a 
separate app.
What can be buy using Libra 
currency?
You can use it for online 
shopping.
Send money to anyone all over 
world.
Sky news Pay your bills. 
Buy tickets. 
Etc.
Is Libra currency is safe?
Facebook says, “We will be using all the 
same verification and anti-fraud processes 
that banks and credit cards use, and we’ll 
have automated systems that will 
proactively monitor activity to protect and 
prevent fraudulent behavior,”
Overview
Like other digital currencies Libra 
is entering the financial market.
It will definitely ease transactions.
We will have to wait until 2020 to 
made use of it.
Lets see the future of it.