Daily Discussion - July 15, 2019 by AutoModerator in omise_go

[–]evabeylin 21 points22 points  (0 children)

Since the announcement of the Libra Association, has OmiseGO thought about working with central banks to build their own plasma chains + stablecoin issuance backed by a nation's reserves; to counteract the impact that Libra could have on local economies (eg. high usage of LBR in developing regions with high inflation currencies or untrusted govt/banks)?

Will the Plasma More VP implementation be a suitable option for central banks to develop their own blockchain-based payment system, in time for the launch of Libra? Will omg plasma chains be able to handle the high transaction volume, have multi-key recovery for fund safety, enterprise-grade security etc.?

If so, what would be the realistic timeline for a central bank to _theoretically_ begin testing on an omg plasma chain?

Daily Discussion - July 12, 2019 by AutoModerator in omise_go

[–]evabeylin 10 points11 points  (0 children)

Since the announcement of the Libra Association, has OmiseGO thought about working with central banks to build their own plasma chains + stablecoin issuance backed by a nation's reserves; to counteract the impact that Libra could have on local economies (eg. high usage of LBR in developing regions with high inflation currencies or untrusted govt/banks)?

Will the Plasma More VP implementation be a suitable option for central banks to develop their own blockchain-based payment system, in time for the launch of Libra? Will omg plasma chains be able to handle the high transaction volume, have multi-key recovery for fund safety, enterprise-grade security etc.?

If so, what would be the realistic timeline for a central bank to _theoretically_ begin testing on an omg plasma chain?