The Libra association now has its steering committee

The President ofAnchorage, the founder of Bison Trails and 3 other industry specialists have joined the steering committee of Libra, the association in charge of Facebook’s cryptocurrency project.

On its website, the Libra Association announced to have elected 5 members who will lead its new steering committee, responsible for overseeing the technical design and development of the blockchain network Libra.

Among the elected, there are Diogo Monica, co-founder and president of the crypto-custody service Anchorage, an American company supported by Visa which is part of the initiative Libra.

So that the Libra blockchain serves billions of users around the world, security must be its foundation. We are using the best of modern security engineering to prepare the network for global operation, "said Monica.

We also note the presence of George Cabrera, Libra Core product manager at Calibra, the Facebook subsidiary in charge of developing Libra's official portfolio (Calibra).

Also, Joe Lallouz, CEO and founder of Bison Trails, Ric Shreves, technology director at Mercy Corps as well as Nick Grossman, partner at Union square ventures, joined the committee.

Libra has the potential to be a groundbreaking project in digital assets and payments, ”said Grossman.

The 5 experts will lead the technical roadmap, form working groups, build a community of developers and more generally guide the project.

While Libra initially hoped to launch its stablecoin in the first quarter of 2020, regulatory pressure, as well as the departure of some members, delayed its launch.

The latest news, the association is now working for a launch "in 2020". However, it will have to convince regulators to obtain authorization to issue its digital coin backed by several fiat currencies.