2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following is a subsidiary of Facebook that is introduced to provide financial services for users to participate in the Libra network?
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BiyoWallet
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Calibra
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Alipay
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Adyen
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Explanation:
Detailed explanation-1: -Facebook teams played a significant role in the establishment of Libra Association and the Libra Blockchain. Also, they created a regulated subsidiary, Calibra to ensure isolation between financial and social data and to execute services on the top of the Libra network.
Detailed explanation-2: -Calibra is how Facebook intends to make money off Libra, a digital currency it says it does not want to control, despite having created it. More generally, it’s a massive play for Facebook to get into financial services in a way that no other technology company may be able to compete with.
Detailed explanation-3: -1. A constellation in the Southern Hemisphere near Scorpius and Virgo. Also called Balance, Scales.
There is 1 question to complete.