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Without the social media giant, Diem is — for the most part — another dollar-backed stablecoin, entering an already crowded marketplace in which Tether reigns supreme. With the backing of Facebook and the Diem Association however, their proposition becomes infinitely more interesting.
Diem would be a further step towards normalizing crypto in the minds of the public, and could have positive network effects in the wider world of blockchain. Much of that may depend on the final form that Diem takes and whether it can successfully interact with the rest of the cryptosphere.
If Diem were to remain siloed on Whatsapp and Messenger, then its impact would be severely limited. If the coin is listed on exchanges and can be freely purchased from multiple sources, a more fruitful cross-pollination between experienced crypto heads and a fresh influx of users could be achieved.
At present, no exchange has publicly confirmed it will list the new Diem coin, but with Coinbase as a signed-up member of the Diem Association, that seems like a mere formality. Diem is currently undergoing massive testing. Switzerland is the perfect base for Diem to launch its stablecoin. Switzerland has established itself as a crypto-friendly state, offering clear guidance on digital assets from an early stage in the life cycle of the technology.
Last year, the Swiss parliament passed a sweeping set of financial and corporate law reforms around distributed ledger technology DLT. These laws, which are due to come into effect early this year, make it likely highly that Diem will be approved by FINMA this year.
Once approved, Diem will provide a further catalyst for the wider adoption of cryptocurrency, with all of the benefits this entails. However the success of Diem plays out, it will rely heavily on engagement with a variety of stakeholders in enterprise, government, policy and finance. The real triumph perhaps lies outside of Diem, with the wider crypto industry.
In the United States, a senior regulator informed us that Diem was the best-designed stablecoin project the US Government had seen. Those features address not only the risks related to the issuance of a stablecoin, but also the risks associated with transferring stablecoins between parties. Despite giving us positive substantive feedback on the design of the network, it nevertheless became clear from our dialogue with federal regulators that the project could not move ahead.
Over the coming weeks, the Diem Association and its subsidiaries expect to begin the process of winding down, but we look forward to seeing the design choices — and the ideals — of Diem thrive. The Diem mission To build a trusted and innovative financial network that empowers people and businesses around the world.
Provide people everywhere access to safe and affordable financial services. So people everywhere can live better lives. The Diem payment system is for everyone Moving money around the world should be as easy and cheap as sending a message. No matter where you live, what you do, or how much you earn. Mobile The Diem payment system will be accessible to anyone with an entry-level smartphone and data connectivity. Stable Diem Coins are backed by a reserve of assets made up of cash or cash equivalents and very short-term government securities.
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Dependencies Version 0. It includes an embedded snapshot of Igor Kroitor's ccxt. Support For general support please visit the forums. If you find a bug or wish to request a feature please file an issue at the issue tracker.
Contribute Help is always welcome with development. If you would like to contribute you will need to fork the main repo, make your changes, and send a pull request to have your changes moderated and merged back into the main repo. Details on that process can be found here. If you don't like the extension for some reason, don't just give it a thumbs-down.
Instead, open an issue at github. License The LOC Extension is released under the which in layman's terms means: You are permitted to use, copy and redistribute the work "as-is". You may adapt, remix, transform and build upon the material, releasing any derivatives under your own name. You may use the material for commercial purposes as long as the derivative is licenced under the GPL. You must track changes you make in the source files. You must include or make available the source code with your release.
LibreOffice offers support for document encryption out of the box. You can encrypt your important files using strong AES encryption effortlessly in the process of saving them. Encrypt Your Document LibreOffice makes encryption dead easy. Start by either creating a new blank document to save immediately, or you can write a document and save it after.
You also have the option of opening an existing file and re-saving it with encryption. Do both of those things like you normally would. Shift your focus to the bottom of the window. That will extend the window to reveal the option to add an additional password for editing. So with the first password that you set above, someone can read the file but not edit it. The second password would be required for that.
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