**News Flash: Palau Launches Blockchain-Based Savings Bonds**
Palau has unveiled "Palau Invest," a blockchain-based savings bonds prototype system. Supported by Japan’s Ministry of Economy, Trade and Industry and Soramitsu blockchain, this initiative aims to fund critical infrastructure projects like housing and roads.
- **Public Demo**: A public demonstration system is now live.
- **Citizen Participation**: Palau’s 18,000 citizens can buy bonds via a mobile app.
- **Blockchain Tech**: The bonds will operate on Hyperledger Iroha 2 blockchain.
President Surangel Whipps Jr. highlighted the initiative’s potential to boost local development. Full launch expected by 2025.