Capital Markets & IT -lakyara vol.307 Digital Innovation
Facebook's Libra: design and potential shortcomings as a means of digital payment
Sep. 10, 2019
Facebook created a big stir globally when it announced plans to issue its own cryptocurrency, Libra. Libra is designed to meet the minimum requirements of a means-of-payment currency–price stability, scalability and privacy–but it may need more work both technologically and on theregulatory front.
About the Author
Kazuhiro Sudo
Senior Consultant
Financial DX Business Design Department
Contact
E-mail: lakyara@nri.co.jp