Libra Networks has yet to formally sign any corporate members, according to Visa chairman and CEO, Alfred Kelly. The company is also working with the U.S. Department of Homeland Security on its own blockchain project, which will be used for identity verification in addition to other applications. “It's really, really early days and there's just a tremendous amount to be finalized,” Kelly said. However, Visa’s final decision to join will depend on several factors, including whether the Libra Association is able to meet all regulatory requirements, Kelly added. Meanwhile, Facebook has signed lobbying companies, the Sternhell Group and Cypress Group, to try to win regulatory support for libra in Washington.
Libra Networks has yet to formally sign any corporate members, according to Visa chairman and CEO, Alfred Kelly. The company is also working with the U.S. Department of Homeland Security on its own blockchain project, which will be used for identity verification in addition to other applications. However, Visa’s final decision to join will depend on several factors, including whether the Libra Association is able to meet all regulatory requirements, Kelly added. Meanwhile, Facebook has signed lobbying companies, the Sternhell Group and Cypress Group, to try to win regulatory support for libra in Washington.