Facebook Novi is the new name for service that will let people send Libra digital currency
, is part of the company's ambitious plan to venture into the digital currency space.to launch a cryptocurrency called Libra, with the intention of making it easier for people to send money across the world. While Libra will be run by a nonprofit association supported by a range of companies and organizations, Facebook houses Novi, a digital wallet for storing and exchanging the digital coin.
An early version of Novi will be introduced in select countries once Libra is available and it has secured the necessary licenses and approval, Facebook said. Novi will let people send money to one another through an app or through Facebook Messenger and WhatsApp.
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