min to read

2019-09-24 12:55:21




News

IBM is ready to work with Facebook on Libra digital currency

IBM x Libra

min to read

2019-09-24 12:55:21

Tech giant IBM is ready to partner with Facebook in developing the digital currency Libra

Tech giant IBM is ready to partner with Facebook in developing the digital currency Libra, reports CNBC.

 

IBM's general manager of blockchain services Jason Kelley said the company considered blockchain a "team sport" that  promoted cooperation between different industries.

 

"Our clients are ready to work with Facebook, and we are ready to work with all of them to bring it together," Kelley said.

 

According to him, Facebook’s entrance into the blockchain space gives the basic technology more legitimacy.

 

Kelly did not specify whether IBM was interested in joining the Libra Association consortium.

 

It should be mentioned that earlier IBM hinted about plans to release its own stablecoin. Six international banks have also announced their intention to launch stable tokens on IBM's World Wire blockchain system.

All rights reserved © CryptoRivista