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This article was co-authored by Nakul Shah

Picture credits — https://pixabay.com/illustrations/libra-crypto-currency-facebook-4292956/

As a medium of trading, the form of currency has seen a number of transitions, owing to the development of society, from barter trading to coinage, paper money and now electronic cash (i.e. Bitcoin) [1]. From enabling crowdsource ideas and solutions (e.g. Innocentive, TopCoder), to source talent (e.g, Upwork), services (e.g. Uber, Lyft, AirBnb), and capital (e.g. Kickstarter, AngelList), the influence of technology is spreading to every sector, including economic [2]. A major milestone in this space comes with the announcement of Facebook, a non-government organization, which plans to issue Libra as a…

Yanan Niu

Master science stduent at EPFL

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