Libra Association is an umbrella entity for the formation of digital currency 'LIBRA' established by Facebook, to oversee the currency founded in Geneva, Switzerland. Members of the Libra Association are associated with different sector businesses such as Payments, Technology, Telecommunications , Blockchain, Venture Capital and Nonprofit. The association hopes to grow to 100 members with an equal vote, while Facebook expects to maintain a leadership role through 2019.
The initial group of organizations that will work together to finalize the Libra Association's Founding Members - partners are responsible of the objectives of the project and are diverse groups of businesses oversight by running a validator node on the network and serving in governance.
STRATEGY for both long term and short term Libra ecosystem and the Libra reserve where the associated members and partners will also be directly involved in social impact grantmaking.
IMPLEMENTATION on running he validator nodes that operate the Libra blockchain. Validator needs help secure network and validates blockchain transactions.
GOVERNANCE for key decisions regarding the direction and development of the Libra blockchain, the management of the Libra Reserve and the approach to social impact grantmaking
The initial group of organizations that will work together on finalizing the association's charter and become Founding Members" upon its completion.
|TECHNOLOGIES AND MARKETPLACES|
|NON PROFIT AND MULTILATERAL ORGANIZATION, ACADEMIC INSTITUTION|
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