E-Commerce Giant Shopify Joins Libra Association in Bid to ‘Improve Commerce’
Shopify, a Canada-based e-commerce giant that has reportedly helped over 1 million businesses launch an online store, has joined the Facebook-led Libra Association in a bid to “improve commerce.”
In a blog post, the company revealed it became a new member of the Association and that it will work to “build a payment network that makes money easier to access and supports merchants and consumers everywhere.” The blog post adds:
“We’re excited to be part of the Libra Association and look forward to how the project may improve commerce everywhere.”
In its announcement the company also states its mission is to “make commerce better for everyone” and that to achieve it, it spends time looking into how it can improve where money and banking “could be far better.”
As online commerce grows, Shopify added, it’s easy to forget that “payments and the value exchange of goods are not a solved problem.”
