🚀 Palau launches blockchain-based savings bond system! 🇵🇼
- The government of Palau introduces Palau Invest, a blockchain savings bond system.
- Supported by the Japanese Ministry of Economy and Soramitsu blockchain.
- Bonds help finance infrastructure projects: housing, SMEs, roads...
- Expected to officially launch in 2025.
📱 Palau residents can buy bonds via mobile app.
- Using Hyperledger Iroha 2 blockchain on Sora v3 Hub Chain platform.
- Soramitsu provides technical and business support.
🌏 Soramitsu is also involved in CBDC projects in Cambodia, Laos, and the Solomon Islands.
- Palau partners with Ripple to launch stablecoin from 2021.
💡 Palau and Cryptic Labs develop RNS system for digital residency program, launching on BNB Chain in 2022.
👉 What do you think about this development? Share your thoughts! 💬