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Tag Archives: Libra

INNOVATION STRATEGY: Mark Zuckerberg draws a Jeff Bezos with Libra

Mark Zuckerberg has just taken a page from Jeff Bezo's book on Innovation and Leadership. Facebook has just announced that it will release its own cryptocurrency, Libra, to provide cheap, accessible financial services to those without bank accounts. Facebook hopes to generate more advertising revenue from companies that sell currency-denominated goods to customers. If successful, the technology company's bold move …

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The Facebook-run Libra Association publishes a white paper on cryptocurrency

Facebook unveiled its eagerly awaited Libra cryptocurrency project on Tuesday, releasing a white paper along with other groups involved in the nonprofit Libra Association. The announcement is significant, as it is the first time that a large technology company is leading a digital currency that could further legitimize the overall category. "The existing blockchain systems still have to prevail," says …

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Facebook's David Marcus on building trust for Libra cryptocurrency

CNBC on Tuesday, October 30, 2009 CNBC on Tuesday, October 22, 2009 "To earn people's trust, we are going to make strong." David Marcus, Calibra division's Facebook headlines, said: "If people do not want to Trust us, "Marcus said in a" Squawk Box "interview. At a time when it is trying to rebuild a user's trust, privacy and security scandals, …

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Facebook launches Libra Blockchain next week, supported by Libra Reserve

Quick Take Facebook and dozens of partners will introduce the Libra Association and the Libra Blockchain next week. The Libra Blockchain is backed by Libra Reserve, a "Reserve of Real Assets" that provides the cryptocurrency with "stability, low inflation, global acceptance, and fungibility." The Libra Blockchain is submerged from the day of the announcement provided an Apache 2.0 license as …

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