The Marshall Islands CBDC project moves forward. Algorand, the project partner, reports that blockchain for the world’s first national digital currency, the Marshallese sovereign (SOV), will be built using Algorand technology. The SOV will circulate alongside the US dollar and help the Marshall Islands efficiently operate in the global economy.
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Dirk Niepelt considers the following as important: Blockchain, Central bank digital currency, Marshall Islands, Notes, Reserves for all
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The Marshall Islands CBDC project moves forward. Algorand, the project partner, reports that
blockchain for the world’s first national digital currency, the Marshallese sovereign (SOV), will be built using Algorand technology. The SOV will circulate alongside the US dollar and help the Marshall Islands efficiently operate in the global economy.