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Payments News » The Best Thing About Libra Is Often Overlooked—and Its Creators Explain Why

“Distributed governance is there precisely to make it easier for multiple firms and organizations to participate and engage in the Libra network, which in turn will create more choices for consumers. Without distributed governance, organizations and individuals might be less willing to build on the same platform, reinforcing the fragmentation in payment services we see today. The Libra network is modeled after an open technology standard, akin to those used for ensuring that mobile phones can communicate across different carriers.”

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