Jan 24, 2020
Tom Trowbridge is the former president and one of the founders of Hedera Hashgraph, a distributed ledger technology. He is also an avid investor and advisor in the technology space. Hedera’s governing council consists of companies like Nomura, Deutsche Telecom, IBM, Boeing, and Swisscom. Tom notes that Hedera met with the Facebook Cayenne team in 2018—they did not join. A year later, Facebook announced the digital currency Libra and its accompanying—but separate—digital wallet, Calibra. Tom has studied and followed the digital currency phenomena in great depth and puts blockchain technologies in perspective—including the strategy Facebook may deploy in order to get users on board with its digital currency. Will the Zuckerberg Reserve give the Federal Reserve a run for its money? Tom has thoughts on that as well.