Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Wednesday, 10 July 2019

Latest word on LIBRA : though not the last word






To day’s papers carry following news :






Highlights :


#  A Facebook spokesperson said that " There are no plans to offer Calibra in India,"


   "As you may know, there are local restrictions within India that made a launch of Calibra
     not possible at this time." reported Bloomberg.


#  Indian government has made sure that Libra does not see the light of day in India, and
    now the social giant has confirmed that it has no plans of launching its crypto project in
    India.







“ Calibra will respect the legislation “, Alexander Voica, a Facebook representative in London said by telephone.  


But , we are looking to work with regulators to see  if the legislation can be updated “




India is Facebook’s largest market where the networking giant is already preparing for a countrywide roll-out of its WhatsApp payment service , which has been in a year long pilot restricted to one million users.



Facebook has had discussions with various governments on both the Libra cryptocurrency and the Calibra digital wallet.



“The Libra Association is speaking to potential partners from around the world,” said Voica without specifying whether it was speaking to the Indian government or with partners in the country. “



The blockchain project has multiple uses in smart contracts, supply chain management and so on - it’s not just for cryptocurrencies .”



==========================================


Madam  Sitharamanji,



Could WhatsApp payment service “ morph “ into Calibra, once it is granted permission for all India roll out ?

======================================================
11    July   2019

Rsvp :  hcp@RecruitGuru.com

      

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