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... will serve as a form of collateral. The funds are expected to be raised through venture capital firms. Developers plan to index the social network’s tokens to a basket of foreign currencies held in bank accounts. Decentralization has also reached the Internet, particularly concerning social networks. The technology was first implemented in Facebook, allowing the platform to position its innovations as an independent and more centralized project that will not have a direct dependency on the social network. Developers have been considering the possibility of introducing electronic money since 2018, and analysts believe the social network intended to use digital currency for payments in ...