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Men's Weekly

All the hype around Libra is a red herring. Facebook's main game is Calibra

  • Written by Priya Dev, Blockchain Researcher & Lecturer Data Analysis, Australian National University
All the hype around Libra is a red herring. Facebook's main game is CalibraCalibra has little to do with the ideals behind blockchain. The digital wallet is more like a traditional bank account.www.shutterstock.com

Amid the hype around Facebook’s plan to launch its own cryptocurrency, Libra, there’s one big question. How is the company going to profit from it?

The project relies on developing blockchain...

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