How Libra Cryptocurrency & Blockchain Network Will Work (video)

Libra: how it's going to work

FT.com's global tech correspondent Tim Bradshaw explains the new cryptocurrency announced by Facebook: "Libra, a new global currency powered by blockchain technology."

Facebook investor on Libra cryptocurrency

Scott Kupor of Silicon Valley VC firm Andreessen Horowitz (a16z.com) joins CNBC's "Closing Bell" to discuss Facebook's new cryptocurrency, June 19, 2019.
"... we are joining the Libra Association as a Founding Member. The Libra Association is a membership organization behind Libra, a new global currency and financial infrastructure built on blockchain technology.  Libra brings together a world-class group of partners, including:
  • Technology companies that know how to create global-scale networks and infrastructure, like Stripe and Facebook.
  • Financial services companies, like PayPal and Visa, that have deep experience in global payments.
  • Platforms, including Spotify, Lyft, and Uber, who know how to build user-friendly and popular applications with millions of users.
  • Crypto-first companies, like Coinbase and Anchorage, that have deep subject matter expertise.
  • NGOs, like Kiva, Mercy Corps and Women’s World Banking, that understand the needs and habits of a wide variety of populations across the globe.
"These organizations can help Libra reach a critical mass of users, businesses and developers, with the goal of mainstreaming crypto adoption ..."--a16z.com
Domain: libra.org (more info on Libra at the link), and Libra white paper.

See also Fed Chair LIVE Jun 19, ECB Draghi Chaos, Facebook $FB Calibra

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