A Dive into Libra, Facebook’s New Cryptocurrency Jun27

Posted by & filed under Blockchain/Cryptocurrencies, FinTech, White Papers/ Thought Pieces.

On June 19th, 2019, Facebook revealed a 100-page white paper, with some of the details behind its involvement in the “Libra” cryptocurrency. Some analysts were quick to state that Facebook just “reinvented money”. The purpose of this note is to summarize that detailed white paper and breakdown the risks and opportunities for the entire payment ecosystem.

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