Temasek, Paradigm and Slow Aventures are the companies that have joined the Libra Association, an organization that regulates the Libra initiative for digital currencies and payment networks, increasing its membership to 27 members.
This is necessary for the blockchain-based payment project to support innovation and the inclusion of financial services cover different industries and regionsannounced the Libra Association on his blog, so this time it extends to Asia With Temasek, a Singapore-based investment firm, as one of its new partners, alongside two other investment firms, Paradigm and slow ventures.
Temasek, a global investment company «Offers a differentiated position as an investor in Asia»point this out. The company, the one Million dollar portfolio, has the mission to generate “Sustainable returns”.
For his part paradigm based in San Francisco, and Slow ventures, based in California, both companies in United States, “Will help drive long-term developments in the open and competitive standard of the Libra payment system,” they explain in the ad.
The Head of Politics and Communication at the Libra Association, Dante Dispartehe says in the publication about the three new additions:
The addition of three new members to the Libra Association demonstrates our commitment to creating a diverse group of organizations that contribute to governance, the technology roadmap and preparation for the introduction of the Libra payment system. It is an honor for us to welcome Temasek, Paradigm and Slow Ventures
paradigm, a cryptocurrency investment company that leads companies from their early stages to maturity, and Slow ventureswho invests in core companies in the technology sector have successfully completed technology-driven projects such as Slack, Postmates and Airtable.
“Each of these organizations shares our general mission direction, which offers unique skills and a long-term focus on the development of the blockchain and digital asset market.”completed folly.
We are happy to announce this @Temasek, @Paradigm, and @slowly are the newest members of the Libra Association. We look forward to working together to remove financial barriers for billions of people. #TechInnovation #FinancialInclusionhttps://t.co/ApuE6b5FSw
– Libra (@Libra_) May 14, 2020
In this way, the lb it wins three new members in its ranks, to reach a total of 27while from the Libra Association They are trying to lead the project, which has been redesigned to meet regulatory obligations, with the intent that it will see the light of day by the end of 2020, such as: insured To distribute before.
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