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?
If we see the concept is almost the same as Libra. Maybe it's true from what you say that all of this stems from the failure of Libra. And Facebook wants to develop a new concept with a new name. Diem, a Facebook-backed digital coin is expected to launch later this year, albeit in a much more limited form. Diem is currently in talks with Swiss financial regulators to obtain a payments license, an important step that will put the organization further on the path towards its digital currency project.