Facebook renamed Calibra wallet to Novi

The Calibra wallet, intended for the Libra project of the Facebook social network, was renamed Novi and transferred undermanagement of a subsidiary of Facebook - Novi Financial.

A Novi Financial statement said thatThe name Novi was coined as a fusion of the Latin words “Novus” (“new”) and “via” (“path”), and the visual design of the logo should show the natural movement of digital currencies. Like the previous developer of the Calibra wallet, Novi Financial declares its independence from the parent company.

“Although we changed the name, our mission has not changed. We want to help people from all over the world gain access to affordable financial services, ”the statement emphasizes.

The developers said that the Novi wallet will beIt is available both through a separate application, and within the framework of the Facebook Messenger and WhatsApp instant messengers. According to them, there will be no hidden fees in the wallet for receiving, storing, exchanging and transferring coins. In addition, it is planned to introduce a user identification system to combat fraudsters.

As noted by co-founder of Libra David Marcus(David Marcus), rebranding should distance the wallet from the Libra project and reduce the attention of regulators, at least to this part of the project. Recall that, as reported in early March, the Calibra wallet will support not only its own cryptocurrency, but also digital state currencies.

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