Rafał Kiełbus (blockchain expert)

Piotr Beńke (CTO at IBM)

Advisor

Former minister of digital affairs

Anna Streżyńska

igrzyskablockchain.pl

~ Reinvent money.

~ Transform the global economy.

~ So people everywhere can live better lives.

A simple global currency and financial infrastructure that empowers billions of people.

(...) na szczeblu globalnym podjęliśmy decyzję, że nie będziemy proaktywnie komunikować naszego zaangażowania w projekt Facebook Libra. Dlatego też musimy niestety tym razem odmówić udziału.

Libra is for everyone

Mobile

Stable

Secure

Fast

For the world

Scalable

COSTS ARE HIGHER FOR THE POOR

On average, the unbanked pay $4 higher fees per month for cash access

1.7 BILLION ARE UNBANKED

That's 31% of the global population

TRANSFERS ARE SLOW

A typical cross-border payment takes three to five working days to complete

COSTS ARE HIGH

On average it costs 7% to send money internationally

WORLD RUN ON CASH

85% of global transactions use cash

CASH IS EASY TO STEAL

U.S. retail businesses lose about $40 billion annually due to the theft of cash

Challenges

Libra is a fine digital currency,

but... is it really a cryptocurrency?

Andreas Antonopolus

Bitcoin evangelist

OPEN

PUBLIC

NEUTRAL

CENSORSHIP-RESISTANT

BORDERLESS

BLOCKCHAIN

State-machine without chain of blocks written in Rust

Technically

MODEL

100 members in permissioned model (permissionless in the future)

TPS & BLOCKTIME

1000 transactions per second and 'blocktime' on 10s level 

KYC

There's no KYC / AML implementation on protocol level

SMART CONTRACTS

Move language (draft version), possible to mint custom tokens 

GAS

Similar concept to gas in Ethereum

CONSENSUS

BFT-style based on new, high effective and totally rewritten implementation called HotStuff

TESTNET

Available now

(...) you can send from Calibra to any

3rd party wallet

Currency

LIBRA COIN

Basket of assets (USD, EUR, YEN and other financial assets) backed digital currency

LIBRA INVESTMENT TOKEN

Internal utility token helping members control Libra Association

TOTAL SUPPLY

Libra is mintable & burnable without declared initial or total supply

RESERVE

All assets are secured by Swiss-based Libra Reserves controlled by Libra Association

Association

JUSRISDICTION

Switzerland, Geneva,

registered in may 2019

MEMBERSHIP

Currently 28/100 members, council is free to join based on published requrements

MANAGEMENT

Every member (including Calibra) has only one vote. There're plans to elect Managing Director.

RESERVE

All assets are secured by Swiss-based Libra Reserves controlled by Libra Association

Libra może stwarzać ryzyko nie tylko dla konsumentów i stabilności finansowej, ale również dla "suwerenności europejskich krajów"

Nie jestem fanem Bitcoina i innych kryptowalut, które nie można nazwać pieniądzem, których cena jest niestabilna i a wartość wyssana z palca.

Libra wywołuje wiele poważnych wątpliwości dotyczących prywatności, prania pieniędzy, ochrony konsumentów i stabilności finansowej

Jerome Powell

Szef FED

Donald J. Trump
Prezydent USA

Bruno le Maire
Minister Finansów Francji

Who is stronger?

www.libra.com

www.calibra.com

Bartosz Bilicki

bartosz.bilicki@si-consulting.pl

linkedin.com/in/bartek-bilicki/

linkedin.com/in/bartek-bilicki/

Libra - mobile trends

By Bartosz Bilicki

Libra - mobile trends

  • 182
Loading comments...

More from Bartosz Bilicki