Libra... And Now What For Fintech and Mobile Payments?
08 July 2019
Libra... And Now What For Fintech and Mobile Payments?
On June 18th 2019, the Libra project was officially announced to the public after more than one year of development. The plans are for a live deployment during the first half of next year. High expectations are being built on Libra as its primary stated objective is to allow a cheap and immediate exchange of “money”, supported by the making of a global and stable currency based on blockchain technology. When sending $200 around the world the commission costs hoover at around 7% on average: this makes clear the need for a cheaper alternative...
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