What is Libra?
Libra is a new global payment system that facilitates the movement of money between people and businesses. It’s built on blockchain technology (the Libra Blockchain), which enables Libra to be global and secure. Libra is fully backed by the Libra Reserve, a collection of currencies and other assets used as collateral for every Libra that is created, building trust in its intrinsic value.
Calibra is from Facebook. Making it easy to use in your favorite apps. Calibra is designed for Libra, a new cryptocurrency that will make money work better for all of us.
What is a cryptocurrency?
Cryptocurrency is a type of digital currency. It’s called “cryptocurrency” because it uses a very secure form of cryptography to verify transactions. Cryptocurrencies are built on blockchain technology, and the value of a cryptocurrency depends on the type of blockchain it is built on.
A connected wallet for a connected world.
- Easy. Send money the way you send a message or a photo.
- Fast. Send, add, or withdraw money in just a few taps.
- Simple. Send money in seconds.
- Seamless. A better wallet for a better money.
- Safe & Secure.
- Send money for less. Calibra helps keep costs low by cutting fees.
Calibra will have 24/7/365 support in Messenger and WhatsApp.
Verified : Accounts are verified with government-issued ID so you know people are who they say they are.
Protected: Rest assured that your money is safe with built-in fraud protections, in-app reporting, and dedicated customer service. In the rare event of fraud, you will receive a full refund.
Private: Your transaction activity is private and we will never post it publicly. Calibra is a subsidiary of Facebook that has been set up to be separate to help protect your financial and account information.
Libra is a new global cryptocurrency.
Blockchain: Libra is built on a secure, scalable, and reliable blockchain and is designed to help bring people everywhere equal access to financial services.
Stable: Libra is backed by a reserve of assets so that its value stays stable.
Global: Libra is reinventing money so it can be used in countries around the world. It can easily be sent to anyone and exchanged into local currencies.