The Libra Ecosystem is a blockchain-based platform built for providing solutions to current problems and for the betterment of eCommerce businesses. It will help businesses to find investors, vendors to generate more revenue, and users perform cross-border e-commerce transactions through cryptocurrency in a safe environment. The Platform will utilize Libra Coins and Libra Wallets.
It will also provide more payment options, especially Ethereum-based cryptocurrencies, and also provide guidance and resources to add these advanced payment options into current eCommerce business models. The Libra Ecosystem will also keep data secure with Decentralized Systems and also try to lower the prices while keeping vendors in profit.
The Libra Ecosystem project has been created with a focus on solving the various challenges of the e-commerce industry and to provide a blockchain-based solution for e-commerce operators, dealers and customers to conveniently and securely make/accept digital payments globally.
Traditional e-commerce systems lack access to advanced payment methods like cryptocurrencies and are prone to many other issues such as huge competition, high middleman cost, lack of data security, high complexity, and fraudulent actors.
The integration of blockchain into existing e-commerce systems will not only make global payments faster and more cost-efficient but also it can make the entire e-commerce supply chain more efficient by streamlining operations like tracking, order management, customs and payments. At the same time, Libra blockchain can also be used for other related services including identity verification, fundraising and investment management, etc.
The product development deadline may not be final and is subject to change based on feedback received from our initial customers.
Q1-Q42019
Q1. Research and Development
Q2. Team build up
Q3. Coin Design & Analysis
Q4. Develop White paper
Q1-Q62020
Q1. Platform development begins, Beta release
Q2. Smart Contrat Implementation
Q3. Event integration begins,
Q4. Libra sale planning
Q5. Ecosystem Distribute Coin
Q6. Listing on exchange
Q1-Q52021
Q1 Libra Coin Public Sales
Q2 Listing on XT Exchange
Q3 Migration from (ERC-20) To (BEP-20) due to high gas fees
Q4 Launching the Blockchain R&D Centre
Q5 Launching Online E-Shop
Q1-Q72022
Q1 Launching Libra to Fiat exchange
Q2 Launching Finance Solutions App
Q3 Release of Libra's Credit Card
Q4 Launching Libra Loan
Q5 Launching Libra's ATM Machine
Q6 Launch wallet and exchange for iOS & android
Q7 Launch Libra QR code payment system
Libra Coin is already being traded and used by thousands of users. The coin value has nearly doubled in only a few months since its launch.