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Commerce · June 18, 2019

Libra

A New Global Currency, From Facebook

Libra launched on June 18, 2019 with 7 votes, #913 of 2,757 launches that month and more than 50% of that year's launches. The site was still online in September 2026, 7 years on.

What it does

Libra is a global cryptocurrency, from Facebook, built on the foundation of a blockchain (the Libra Blockchain). The Libra Association is working to empower people around the world through the creation of a simple global currency.

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

WASHINGTON, DC – The Diem Association today announced the sale of its intellectual property and other assets related to the running of the Diem Payment Network to Silvergate Capital Corporation (“Silvergate”) (NYSE: SI). Diem Networks US (“Diem”) CEO Stuart Levey issued the following statement accompanying the announcement: “From the outset, the Diem project has been focused on leveraging the benefits of blockchain technology to design a better and more inclusive payment system. The members of the Diem Association and our outstanding team pursued this vision with determination and perseverance, motivated by the desire to deliver substantial benefits to consumers and businesses, along with a…from diem.com

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Source: Product Hunt launch ↗

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