According to ChainCatcher, the Palau government has launched Palau Invest, a "blockchain-based savings bond prototype system." The prototype of the system has been completed and a public demonstration has been launched. Japan's Ministry of Economy, Trade and Industry and Soramitsu Blockchain provided support.

The project aims to fund infrastructure projects in Palau, and the Ministry of Finance needs to finalize the bond issuance standards and obtain government approval. Palau's 18,000 citizens will be able to buy bonds through a mobile phone application.

Palau President Surangel Whipps Jr. said the savings bond program will fund key projects such as housing, small and medium-sized enterprise development and road construction, which is of great significance to infrastructure and economic development.