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Facebook highlights 2030 vision without Libra

Saturday, 01 11 2020, Category: Technology, Country: World
Mark Zuckerberg’s new 10-year vision says a lot about Facebook’s plan for financial services – and nothing whatsoever about Libra.

Unveiling a vision for 2030, the Facebook CEO unveiled a laundry list of decade's-end aims for his social media Goliath, including an extensive "opportunity" for Facebook to "decentralize" finance and business.

“Over the next decade, we hope to build the commerce and payments tools so that every small business has easy access to the same technology that previously only big companies have had,” Zuckerberg said in the post.

That vision includes Instagram storefronts, Messenger-based customer support, remittances via WhatsApp – technologies that Facebook has already been pursuing. Zuckerberg hopes his company's efforts will "go a long way towards creating more opportunity around the world."

One project he does not mention: Libra, the controversial stablecoin Facebook formally announced last summer.


Source: coindesk.com
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