How Will Facebook’s Libra Change the Future of Commerce in VR/AR?

Clifton Dawson, CEO Clifton Dawson, CEO Devices & Technology, Insight Articles

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On June 18, 2019, Facebook announced a new subsidiary, Calibra, that's developing a digital wallet to allow people to buy, send and use Libra, which is a new global currency powered by blockchain technology.  Facebook says it expects to launch Calibra in 2020 as a standalone app, but also integrate the digital wallet in Messenger and WhatsApp as well.  What new services does Libra enable and how will it shape the future of communications, media consumption, and commerce, particularly within Facebook’s plans for the future of its platform?


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