A new survey shows that citizens banks more trusted than Facebook

Facebook met with the project Libra in the whole of Europe strong resistance, whether in politics or in business, and the citizens of the country. A new survey confirms these results and indicates a great trust of the people in traditional institutions, such as banks.

Between the Libra project of Facebook and Google’s new Google Pay-linked current accounts, the Tech giants show off big plans to integrate into the world of digital Finance of Bitcoin. But not a lot of Tech and Finance experts are going to take the Chance to enjoy such services, a new survey of the Blind, an app-based “anonymous social network”.

The results published today show that more than 5,000 professionals from different companies, including Apple, Google, Amazon, Facebook and Uber are skeptical. The study found that the vast majority of experts, around 62 percent, would your financial data even earlier, “traditional banks” as a “Big Tech” to trust. Of the surveyed Tech professionals, 57 percent stated that they give the banks more confidence as a large Tech-companies, while almost 70 percent of those who work in the financial area, information, to prefer traditional institutions.

In addition, some employees of technology companies to not even trust your own company with your financial information – at least in the case of Uber and Facebook. Of the 186 respondents Facebook-employees only 21 percent reported their data to the Social Media giant entrust. (On scoring even less – dismal 16 percent, even though only 45 of Uber, took employees to the survey.)

The results suggest that even Facebook employees Libra would not trust. Cuire Kim, Blind’s Brand Marketing Manager is responsible for the implementation of the survey, responsible, made it clear in a that the survey did not ask specifically to Libra. Nevertheless, it is due to the collaboration of Facebook with a Libra not a big leap, despite the efforts of the company to separate itself and its reputation from the project.

Libra has experienced since its formation in June of this year, a very different reaction. While some of the Libra saw as a way to use the crypto-Mainstream and legitimize the industry, were reluctant to others, in particular the regulatory authorities, to accept the project as a noble effort to be the it pretends to be.

Both Mark Zuckerberg, CEO of Facebook, as well as David Marcus, the head of the Blockchain Department of the company, have been informed in the last few months by members of the U.S. Congress about Libra and their supposed potential to combat money laundering and other economic crime – not to mention the concerns expressed by the project in terms of data protection.

It is, therefore, not surprising that in view of the many published data scandals of Facebook, including the fiasco of the Cambridge Analytica in the past year, even the company’s own employees are not too much interested in, to hand over sensitive financial data to the company. Brad Garlinghouse, CEO of Ripple, also describes that Facebook has a fundamental problem of Trust and trust really is the basis of all further steps and measures in a sensitive market such as the financial market. Garling house is the Vision of Libra, but the company would have to first convince politicians and companies around the world that Libra is 100% secure and no data is accumulated and this to a third party.

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