Crypto News Recap: Facebook to launch Crypto Wallet Novi albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
WASHINGTON (dpa-AFX) - Social media network Facebook Inc (FB) announced that it is going to introduce its cryptocurrency wallet named Novi Digital Wallet. The wallet will be tied to the Diem Blockchain
Facebook plans to introduce crypto wallet modernghana.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from modernghana.com Daily Mail and Mail on Sunday newspapers.
Facebook Is All Set to Launch a Blockchain-Based Platform Novi Wallet coinspeaker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coinspeaker.com Daily Mail and Mail on Sunday newspapers.
Published July 26, 2021, 8:47 AM
In May 2020, Facebook introduced Novi a digital wallet that people may use to send and hold Diem (formerly known as Libra) digital currency. Diem is a blockchain-based payment system created by the social media giant planned at being implemented as a cryptocurrency.
According to a Facebook blog post, Novi originated from the Latin words “novus” (meaning “new”) and “via” (translated as “way” in English) denoting that is it the new way to send money, and its visual identity and design represent the fluid movement of digital currencies. The company also included a nod to the Libra icon in the brand logo to show its commitment to the Libra Network.