Unhygienic conditions haunt girls in Social Welfare hostels

The Scales project was first announced in June last year as a bold but risky effort to revolutionize the money transfer and positioning Facebook and its partners on the first floor of a new digital-based payment industry . Blockchain. It had two parts: a Libra token, widely created similar to other cryptocur values ​​like Bitcoin, but with fundamental changes meant to make it more stable and less of a speculative asset, and a blockchain network that would was the technical basis of the tool and transaction verification and land ownership.
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Facebook envisioned at least one check, so it created a nonprofit, called the Libra Association, of which Facebook and its new subsidiary Calibra would only represent one member. It included, at launch, 27 other nonprofits. That group, based in Zurich, Switzerland, has been tasked with overseeing the development of the cryptocurrency, as well as the blockchain network that would support it. The currency also had to be backed by a wealth of assets, including existing currencies from around the world, contributed by various participating members, who at launch included big names like Mastercard, PayPal, Stripe and Visa.
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