Headline July 02, 2019/ '' ' LIBRA CRYPTO LARKS ' ''


The World Students Society, you all will find, - in not too distant a future, very, very beautiful  crypto tokens. LARKS

IN developing countries like, India, Sri Lanka, Bangladesh, Myanmar, Bhutan, Mongolia, Cambodia, Pakistan, Madagascar, Somalia, South Sudan, Afghanistan, Venezuela, Ecuador, Vietnam, Philippines, Argentina, Indonesia, Egypt, Palestine, Morocco, Algeria, and on and on I can go..............

Many tens of millions still live far from a bank or money transfer, or currently use a currency prone  to inflation or volatility. Libra or Larks could address this master, critical issue.

AND with just that, and I revert to the honor of nominating Dr. Saadia Asif, and Chartered Accountant Wadood Mughal/Shell, Ferguson, to this revered research committee.

Dr. Saadia Asif, is a human of very high class, and that she is highly skilled and experienced in international banking is one great realm.

Dr. Saadia Asif, MBA LUMS, Ph.D  Exeter, Citibank, formerly Professor / Bahria University, now heading a devouted educational effort, is a pick amongst many picks.

So high is my regard for this genius, and her lifetime sterling work in International Finance and Banking, that I hope to personally walk over along with Hussain and Dee, to request her to begin some masterly research work on ''Policy and Plans for LARK.'' And then, have Wadood factor in his classic and unique thinking.

THE DISCERNED REALITY is that Facebook's digital currency or The World Students Society's  Lark, may just flourish where these banks don't have a semblance of reach.

Europeans and Americans have their Visa and Mastercards. For everyone else, here comes......... Libra?

Facebook's new Libra digital currency is aimed at a huge potential market for financial services the entire developing world, with billions of people in areas such as India and Sub-Saharan Africa, where financial services are -

Are often less sophisticated and most people don't use traditional banking accounts. Whether or not these billions will want to make the switch is anyone's guess.

The World Students Society is sure, that they will.

The US, Europe and most developed economies already have large, efficient payment systems. These allows people to buy and sell goods in real time and send money person-to-person through services like Zelle, PayPal and Venmo.

That's why companies that joined Facebook's Libra association, as well as nonprofits involved with similar projects, say Libra's potential lies elsewhere.

In developing countries, many tens of millions still live far from a bank or money transfer center, or currently use a currency prone to inflation or volatility. Libra could address this issue by-

By providing a universal stable currency that is easily transferable between persons or businesses without involving setting up an entire payment infrastructure. It also potentially could work at a lower cost.

In the last decade, citizens of developing countries have widely adopted cellphones as a way to store money, sending text message-based payments either to businesses or persons.

It's been broadly heralded as development among policymakers and nonprofits focused on poverty because bank accounts are hard to come by by or are too expensive.

''The entire content of Africa skipped right over cards and went straight into mobile payments,'' said  Sanjay Sakhrani, an industry analyst with Keefe, Bruyette & Woods, who covers Visa, Mastercard, PayPal and Western Union.

The Honor and Serving of the latest Global Operational Research on Finance, Global Markets and Cryptocurrencies, continues.

With respectful dedication to Dr. Saadia Asif, and Chartered Accountant Wadood Mughal/Singapore, Malaysia, and then the Students, Professors and Teachers of the world.

See Ya all on Facebook - prepare and  register on The World Students Society - for every subject in the world : wssciw.blogspot.com and Twitter- !E-WOW! - the Ecosystem 2011:

''' Invitation To  Highness '''

Good Night and God Bless

SAM Daily Times - the Voice of the Voiceless


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