] [TechWeb June 21, according to foreign media reports, the well-known consulting and analysis firm Gartner said that from a global perspective, the block chain derived from the expected growth in the commercial value of $ 0.9 billion this year to $ 50 billion in 2022 .
From now to 2050, the block chain derived from the commercial value of the most significant growth is expected to occur in 2020, when Facebook plans to launch digital wallet encryption currency and Calibra's called Libra. In that year only, block chain derived from the commercial value of the annual growth of 128% appears.
Facebook said, with bitcoin, coins and other encryption as Ethernet currency, Libra will be a chain built on the technology foundation blocks on virtual currency. Block chain is a technology facilitating transactions and transaction authentication number ledger.
Facebook plans to launch its own encryption and digital wallet currency, which commercial banks should be a loud signal, that is, if you do not begin to explore the block chain technology, technology companies may seize your market share.
This is not Facebook first attempt to enter the financial services industry. A few years ago, the company also launched its own credit card, but in the end the company's efforts go down the drain, with little success. (Little Fox)