Featured Image Source

As we already know that Paypal, Visa, MasterCard, Stripe and Mercado Pago had left alone Libra in the ground of cryptocurrency this news was reported by financial time and Bloomberg. Now this time one of the social media networks of Latin America has planned to launch there on coin against Facebook Libra. the social media network is known as ‘Taringa’.Let's start with the introduction of Taringa.

What is Taringa?

Taringa is one of the major social networking apps besides Facebook in Latin America. Taringa has 28 million users database Who creates Thousands of daily posts on a general interest like life hacks, music, Tutorial,  recipes reviews, and arts, etc. It is the fourth most popular app in America and the second most popular app in Argentina, which is also its country of origin. It is also widely used in Mexico Columbia Chile Peru and Latino America society. In February 2012 an article in wired magazine listed Tiranga as one of the foreign sites that outshine Facebook stating” there are still places where I can also run or homegrown alternative beats out the hegemonies. we can say that Tiranga is the combination of Facebook and dreaded in that content is divided into topics where users can create the content themselves and then receive feedback in the form of comment and upvotes or downvotes post are categorized into one of three section highlights emerging and most recent. In 2015 they begin collaborating with Xapo, Bitcoin wallet and service provider incorporate update Queen feature in Taringa And the am specifically towards Latin America, where many people live who don't own credit card or bank accounts.

Who Buys Taringa?

According to Forbes Bitcoin's 'smart contract network,’ RSK bitcoin has acquired Taringa To use blockchain technology on it. The parent company behind RSK Bitcoin IOV Labs. As I already described that Taringa has 28 million users so this aquatism represents an opportunity to quickly bring blockchain Technology adoption to the non-technical, mainstream population. Taringa uses will get a direct reward from Tiranga in the form of a negative token called Rif token for their content creation and content curation. According to coinmarketcap, RIF Token (RIF) is a cryptocurrency token and operates on the RSK Smart Bitcoin platform. RIF Token has a current supply of 1,000,000,000 RIF with 499,395,823 RIF in circulation. The last known price of RIF Token is $0.103457 USD and is up 0.08% over the last 24 hours. It is currently trading on 16 active market(s) with $2,806,601 USD traded over the last 24 hours. More information can be found here.

Why IOVS Labs Choose Taringa?

RSK of Taringa and jumping into the cryptocurrency market is very important according to the economic condition of countries like Argentina Venezuela, where the currencies are in flux and the idea of decentralized currency would be attractive and very very important. Where more people are jobless and those who have jobs are getting very low salaries. This can be really important for or Spanish speaking countries as well. 

“If you go to First World and you start talking about Bitcoin and decentralized platforms, you need to explain why. I in Latin America, you don't need to explain why,” said IOV Labs CEO Diego Gutierrez Zaldivar. “People understand why instantly, So they jump right into the how and who. it's a different reaction. that's exactly why we choose this social network.”

Diego Is well aware of the importance of cryptocurrency and blockchain  as he said “ The crypto space has had trouble at times trying to reach audiences out of its core community of early adopters and visionaries, this is a big opportunity to learn how to turn these communities potentially into shared economy and bring these technologies to the masses”.

For your opinion about Taringa use the comment section.

Best Crypto Project For Passive Income:

Uptrennd (Highly Recommended)|Flixo Exchange ( highly recommended) | Netbox.Global | Publish0x | Narrative | Pi Network | Mind| Fio Social| Markethive| Pocketnet| Uplibra|

Like, Follow And Subscribe Me:

Facebook |Facebook Page| Facebook Group| Twitter| Uptrennd | Youtube|