Social media giant Facebook has announced its foray into the fintech and cryptocurrency market with plans for a blockchain-based digital wallet called Calibra.

Calibra’s vice-president of product, Kevin Weil, told Business Day on Tuesday that the Facebook subsidiary’s first product will be the digital wallet for Libra, a new global currency powered by blockchain technology...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now