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Facebook to launch their cryptocurrency on 18th of June

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Facebook to launch their cryptocurrency on 18th of June

Facebook has finally come out and revealed that they will soon be releasing their own cryptocurrency and they will be calling it Libra. According to the latest update, Facebook will be releasing the cryptocurrency on the 18th of June 2019. If a reliable source is to be believed, there are multiple investors who are backing this work for Facebook and they have decided the release date to be on 18th of June 2019.

The head of Financial Services & Payment Partnership for Northern Europe, Laura McCracken told Wirtschafts Woche, a German magazine that the cryptocurrency will end up debuting on the 16th of June and it will end up being pegged to a basket of currencies compared to anyone like the United States dollar so that there is no price fluctuation. Kirsch tells:

 “I met Laura at Money2020 Europe in Amsterdam on Tuesday” after she watched fellow Facebook payments exec Paulette Rowe’s talk. “She told me that she wasn’t involved in what David Marcus’ [Facebook Blockchain] team was doing. But that I’d have to wait until June 18th when a whitepaper was supposed to be published to get more details.”

In her defense, she said that she thought that the dates were made public already but she had no idea that they weren’t.

TechCrunch finally received a request from Facebook yesterday. When Facebook was asked about their project on the cryptocurrency, they refused to answer any questions. The announcement dates could end up getting changed if there is any kind of issue with the product. According to the source, Facebook will be launching this product in a full-fledged manner from the year 2020.

The debut of the Facebook cryptocurrency will help to unlock a new era of commerce and payment method for social media. This will help payment between friends and family members convenient. There will be no credit card transaction fee and people can make payments without having to pay extra.

It is likely that Facebook will be using the name Libra for their cryptocurrency business. Facebook has already registered a company in its name called Libra Networks in Switzerland for their financial services. The introduction of cryptocurrency by Facebook will attract a lot of people towards this product because a lot of people do not have any idea of how this cryptocurrency works.

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Willo, the robot which can replace your toothbrush

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Willo, the robot which can replace your toothbrush

If you take a close look at the phenomenon of a toothbrush, you will come to know that they haven’t changed. They are almost the same for a long time. Many people have started using electric brushes. But it has a stick with a brush on its end.

Willo has figured out that those electric brushes are not that good. The company has designed a device which has an oral care facility and focuses on the plaque. The company has stated that they have a made a brush which can clean the dental problems up to 46%, however, the normal brushes have the capability of cleaning the plague up to 42%.

The startup is working with dentist association so that they can develop the product in a proper way. The company hasn’t disclosed much information about that robot product, which was reviled had a simple image of the main device.

But there was a news which stated that the startup has a new fund of $7.5 million to develop this product. Kelvin Perkins mainly helped the startup to raise that budget. Matt Rogers and Bpifrance also participated in this project with him. The company was established by Ilan Abehassera, Jean-Marie de Gentile, and Hugo de Gentile. At the very beginning of their carrier, they attended the accelerator program of The Refiners.

So, most of the people with dental problems and the dentist association is waiting to see the final product and they are ready to change the process of brushing.

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Konami uncovered their mini-game console, Turbografx-16

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Konami uncovered their mini-game console, Turbografx-16

Konami Digital Entertainment came up with their TurboGrafx-16 mini. It is a brand new gaming console, which is an updated version of the company’s old 1980s version.

The console is so small that it does not fit properly in a gamers palm. But the console comes with a full-size controller. The game giant said on E3 game expo, which was held in Los Angeles. The console will already have some retro old game like New Adventure Island, R-Type, Ys Books I &II, Ninja Spirit, Alien Crush and Dungeon Explorer loaded in it.

At first, the TurbiGrafx-16 will be released in North America and the other different things like PC engine mini and PC engine Core Grafx will be released in Japan and Europe. They haven’t decided on the budget of the games.

This was a game which was based on cartridge home video game and it was released in the US in the year of 1989. This game was an immediate rival of Super Nintendo and Sega Genesis. At that time, it was supported by 8-bit CPU and the game came stored in CD-ROM. But the line wasn’t continued in 1994.

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Microsoft gives a hint about 8K Xbox

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Microsoft gives a hint about 8K Xbox

Microsoft is gearing up to create a massive wave with Xbox which is going to make a step in the next generation gaming console. Xbox has revealed some features of its hardware which sounds like the future of next-gen.

The company is calling this project as ’project Scarlett’ The new console will have the facility of 8k. It also has the capability to handle 120 fps and it will also handle some SSD storage so that it can keep the loads low for the device. The hardware is going to be very tough to handle real-time ray tracing.

A video of full description about the hardware says that:

“This generation is going to be a bigger leap than any generation before.”

It also mentions that the new Xbox one X will be four times powerful than the previous consoles.

This device will be available from the next holidays of 2020. The most awaited Halo Infinite will be available with this device.

The head of Xbox Phil Spencer says that:

 “A console should be designed and built and optimized for one thing: gaming.”

He declared this on a press meet of E3.

We have already heard a little about the plan of PlayStation which was about the next-gen console. The main focus was on using the SSD storage and its dependency on a third-gen AMD Ryzen CPU.

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