OpenLibra is an open alternative to Facebook’s Libra

OpenLibra is an open alternative to Facebook’s Libra

While Facebook’s upcoming cryptocurrency Libra struggles to keep partners on board and regulators happy, an alternative called OpenLibra is here to address some of Libra’s potential shortcomings. Announced at Ethereum Foundation’s Devcon 5 conference in Osaka, Japan, OpenLibra is described as an “open platform for financial inclusion,” with a telling tagline: “Not run by Facebook.”