According to reports, Facebook will soon launch its cryptocurrency. Facebook will introduce its cryptocurrency to facilitate payments on its platforms. According to the report, Facebook will be headed by the currency exchange department, David Marcus, who is also watching Facebook Messenger at the moment. The report states that Facebook's own cryptocurrency can take many years to beestablished, because the block chain technology itself is going through its initial period. Facebook will not launch his cryptocurrency until it is able to handle large-scale transactions itself. Facebook CEO Mark Zuckerberg said in a new year in January, that the company will experiment with block technology technology. Earlier reports found in the past that Facebook has created a new research and development branch to provide block chain solutions to its products.