Ripple: Facebook’s Libra Project is a “Walled Garden”

Ripple

According to Marcus Treacher of Ripple, Facebook’s plan to create a digital currency Libra comes with one major defect. Marcus Treacher, senior vice president of customer success from Ripple, told CNBC that a big problem with the social network’s Libra project is that this cryptocurrency is a “walled garden” or a closed system. Facebook’s proposed … Read more

SMC Eyes to Build Panay – Guimaras Bridge Project

SMC

San Miguel Corporation (SMC) said in a disclosure Thursday that the company wants to build a bridge that will connect two provinces in the Visayas. The listed firm confirmed plans to submit an unsought proposal to build the Panay-Guimaras bridge. SMC told the Philippine Stock Exchange (PSE) that the company has “plan(s) to invest in … Read more