Facebook's Libra Association has replenished with a new member — Checkout.com, a UK-based payment serviced provider for global businesses.
According to an official blog announcement, the Libra project holds the promise of increasing financial inclusion "for billions of unbanked people, empowering them to participate in the digital economy and reducing disparities."
Checkout.com Founder & CEO Guillaume Pousaz says the team behind Checkout.com has always been fascinated by blockchain and the potential benefits it could bring to global transaction processing.
"It is obvious to me and the wider Checkout.com team that we want to be part of this effort and can contribute to this endeavor by bringing our unparalleled payments engineering expertise," Pousaz added.
Earlier iHodl reported that the Heifer International charity foundation joined the Libra Association. The non-profit organization Heifer International fights poverty and hunger by helping smallholders.
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