Understanding Facebook Diem

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Image for post
Photo by Glen Carrie on Unsplash

Facebook “Libra” Rebranded to “Diem”

A Digital Payment Platform

Built on Blockchain

But a Permissioned One

The Diem is Centralized

Managed by Diversed Members

Pegged to a Basket of Fiat

Closing

One Stop Digital Financial Services Platform: https://www.digifinex.com

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