The social networking giant made its first splash into blockchain this week. We dig into the partners, technical specifics, and implications for Project Libra.
After much hype and speculation, Facebook has finally released the details of its cryptocurrency project, which is officially called Libra.
In scope, the project seems to more resemble a Venmo or PayPal than a new Bitcoin. Its mission: to be “a simple global currency and infrastructure that empowers billions of people.”