I was looking at Facebook Diem, I know it's coming from failed project Libra. It's not only about coin, they are building the whole infrastructure: blockchain, wallet...
For starters it was meant to be integrated into Facebook's ecosystem: FB, IG, Whatsapp and be used for money transfer.
What do you think about it? Does it have future? What are potential usages of Facebook's blockchain?
Diem is a project supported by Facebook, as previously Facebook also plans to launch Libra. But we know that Facebook is a big company but Libra until now has not arrived. Even many who predicted Libra to be a big blockchain, it failed in the end. Maybe it also has the same fate as the Diem project. There are even reports that Visa and Mastercard are pulling out of support for the Diem project.