Sweden, June 19 -- Facebook just revealed the details of its much-awaited digital currency, Libra, and Calibra, the digital wallet where the former can be stored in digital form.
Simultaneously, Facebook is going to introduce Calibra, the digital wallet, where users can store their 'cash' in.
Since Calibra is going to be kept completely independent of the corresponding user data in Facebook and subjected to the rules and regulations like any other payment system, Facebook hope users will trust its ability to deliver on what it promises - without leaving the latter in a loop of perpetual anxiety due to the past controversies involving the social media giant.
In addition, Facebook wants to help users who have been marginalized due to their...