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Facebook plans its own cryptocurrency for WhatsApp

Few of the top online messaging/social media platforms are now expecting to win those battles that the cryptocurrency start-ups lost simply by introducing the mainstream consumers to the territory of digital coins.   

The internet-based chit-chat applications/websites are planning to develop new cryptocurrencies within a span of a year or two, which are supposed to permit the users to make transaction amongst their contacts on their messaging systems like the Venmo or PayPal which can even move to the international borders.

The social media networking giant, Facebook has held conversations with cryptocurrency exchanges about selling of the Facebook coins to the customers.

While Facebook has been into conversations with cryptocurrency exchanges for selling the Facebook coin to consumers, Telegram on the other hand, has been working on digital coins and signals. If everything goes well, then Facebook and Telegram will be able to make digital wallets for cryptocurrencies available which will again be used by millions.

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