17 Nov Libra 2.0: A Global Platform for Programmable Money?
After the considerable criticism of Facebook’s Libra project, version 2.0 was recently presented. Instead of its own crypto currency, a platform for digital currencies is now to be created. This addresses many concerns, but questions still remain. After enormous criticism from politicians and regulators after the initial announcement of the project, the Libra Association – a consortium of 23 companies, including Facebook / Calibra, Spotify and Uber – announced version 2.0 of the Libra project on April 16. With the changes, it is clearly taking a step towards critics and fulfilling many demands from regulatory authorities and central banks. Thus, the Libra platform could actually become a reality this year. However, it should be noted that the Libra Association recently lost some important members of the consortium – including Mastercard, Visa, PayPal and Vodafone. Source and further information
Concept and evaluation of Facebook’s new cryptocurrency from SOURCE: der-bank-blog.de