Facebook’s cryptocurrency, Libra, could be a boon for developing nations like India

Facebook’s cryptocurrency, Libra, could be a boon for developing nations like India

Facebook’s Libra cryptocurrency has taken a lot of criticism from Western government officials and media commentators—but it’s not meant for them. A major target market for the Libra is users in developing countries. From researching cryptocurrency, blockchain and other technologies in the context of developing countries, I can see that digital payment systems are already attractive.