Unblock Bangkok this month is decoding the mysterious Libra, a new cryptocurrency being developed by Facebook that focuses on financial services and seeks to create a stablecoin to facilitate ordinary consumer transactions online. Libra is first and foremost a cryptocurrency created to let people access and participate in the Libra Network. Users will be able to exchange fiat currency into this digital currency for online transactions.
While decentralization is the key philosophy behind a cryptocurrency on blockchain, Libra is not decentralized. Facebook’s digital coin will be backed by a basket of real-world currencies and co-managed by Facebook’s newly-minted financial services division Calibra along with 100 partner firms including payment giants Visa, MasterCard, and PayPal as well as taxi-hailing services Lyft and Uber.
In this meetup, we will explain the key fundamental elements of cryptocurrency and provide an introduction to the Libra coin. Peel back the hype to discover the truth behind Facebook’s Libra at the panel discussion. Our local and international panelists who represent various stakeholders, including the Securities and Exchange Commission of Thailand, stablecoin cryptos, and the banking and finance sector will discuss the challenges Facebook’s Libra could face entering the Thai market, regulatory issues, disruption towards blockchain adoption, and what the future holds.
Come for a friendly evening of talks, and connect with key players in the blockchain and crypto community. Sign up now!
About Unblock Bangkok
Unblock is a monthly meetup series discussing the hottest topics in blockchain held in three cities: Bangkok (Thailand), Kuala Lumpur (Malaysia) & Ho Chi Minh City (Vietnam).
As a signature feature of these blockchain communities, Unblock brings together key stakeholders and leading blockchain players for an eventful night of sharing and networking. We hope to continue to foster a strong community focusing on blockchain education and spread awareness on how blockchain technology can positively impact our society.
07 Aug 2019
WeWork Thonglor, T-One Building 20th Floor
Asia Blockchain Review