Binance Research dove into Libra’s most recent whitepaper, surfacing with a lenghty report, in part claiming Facebook’s proposed asset could significantly alter the payments world. “Libra’s envisioned global payment system could do to the payment industry what SpaceX did to the space industry: shake the foundations of a well-established sector with high entry barriers,” the April 22 report said, adding: “The mere advantage of issuing widely-available programmable money would already initiate manifold efficiency gains.” Libra’s outlook after a year of regulatory pushback After releasing its initial whitepaper in June 2019,…
Day: April 22, 2020
From Facebook Lab to Global Stage: Libra’s Timeline
CoinDesk has been chronicling this saga every step of the way. What follows is a detailed timeline of the Libra project’s history, from the early signs that Mark Zuckerberg’s social network was sniffing around the blockchain industry to Libra’s recent watering-down of its once-bold plans. Bookmark this article, because we’ll keep updating it as the story continues to unfold. Source