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2019-06-21 16:48:08

Mission Libra: a messiah for global finance or just a late party goer?

Imagine a country that is larger than China or India. The people of this country are outside the financial system with no access to a traditional bank. What if blockchain based technology, touted as the next big thing since the internet, can provide a solution to these 1.7 billion people so that they may have access to financial infrastructure? Project Libra is Facebook’s answer to this conundrum. In association with twenty-seven corporate giants, which includes names such as Visa, Vodafone, Uber and others, Facebook has announced the launch of this digital currency in 2020. Do you know Libra? Libra is