Panel Discussion: 'From Crypto- to Corporate Currencies?'

16.10.2019 16:30 - 18:00

Recently, Facebook announced the launch of Libra as an attempt to build a global, reserve-backed cryptocurrency based on blockchain technology. Unlike other cryptocurrencies, Libra won’t be open and community-driven but developed and controlled by an association of for profit actors in the world - tech corporations, credit card companies, and venture capital firms.

A successful global deployment of Libra could shift monetary sovereignty from nation states and confederations to corporations and turn them into even more state-like institutions. This would clearly lead to a wide range of economic and social implications and raise serious questions on privacy and data protection.
The goal of this panel is to shed light on the technical and economic properties of Libra, to point out data protection and privacy issues, and to draw possible utopian and dystopian visions of a future society and economy building on corporate (crypto)currencies.



The event is free of charge and open to public.

Please register via this link.

University of Vienna, Department of Innovation and Digitalisation in Law; Austrian Institute of Technology, Center for Digital Safety & Security; University of Vienna, Faculty of Computer Science
University of Vienna, Faculty of Business, Economics and Statistics, Skylounge (12th floor), Oskar-Morgenstern-Platz 1, 1090 Vienna, Austria