Thursday , October 24 2019


WhatsApp is one of the most popular applications on India, with more than 200 million users, in a a country that also leads the world in sending remittances.

In 2017 these benefits, that emigrants send to their country of origin – normally to relatives – exceeded $ 69 billion in India as stated in the World Bank.

For this reason, Facebook is looking for a way to get into the money transfer business and so far your best bet will be create crypto for WhatsApp.

SEE: The unpleasant novelty that WhatsApp is preparing for 2019

So much that the US company financial analysis, Bloomberg, detailed in his December 2018 report that while Facebook still develops a strategy for creating crypto-killing, its launch through the WhatsApp platform is an open secret.

It is necessary to remember that inside 2014, Mark Zuckerberg's company hired former PayPal president David Marcusto run the messaging application on Facebook called the Messenger.

It was the same year that the acquisition of WhatsApp, the oldest of social networks still active, began to take shape.

Watch at the same time: Do you miss a conversation by watching videos on WhatsApp Web? Discover how to interrupt the problem

But it was not up to the first months of 2018 saw the first cryptic rumor created by Facebook. The reason? The Zuckerberg company started recruitment sequence (which currently reaches 40 people) for your team responsible for developing and researching the "blockchain".

On "blockchain" is distributed databases that write down the blocks of information and intertwine to facilitate the collection of information and verification that it has not changed, eliminating intermediaries and decentralizing information management to ensure process control of users.

All the complexity of "blockchain" tend to provide greater reliability and independence if applied to the currency, which ultimately led to a crypto-burden boom of the last years.

Also see: What models of phones will come out of WhatsApp in 2019?

"Like many other companies, Facebook is exploring ways to exploit the power of blochein technologysaid a spokeswoman for Facebook for Bloomberg.

"This new one A small team is considering many different applications. We have nothing more to share, "they added without details the role of exPayPal David Marcus, who is currently appearing as a "blockbuster researcher for Facebook" in your professional profile.

All the above mentioned allowed experts to assign a rating of "Very likely" to the possibility that Facebook will begin cryptowatch in the coming years to transfer money through WhatsApp.

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