Blockchain banknotes introduced for world’s first decentralised digital national currency
The Sovereign a cryptocurrency is all set to be official legal tender of the Marshall Island is getting its blockchain banknotes to allow transactions with currency. Sovereign is the world leading first decentralised digital currency. Once sovereign issues will become official legal tender of the archipelago alongside the US dollar.
Blockchain banknotes as legal tender
Advanced with the aid of blockchain smart card wallets maker Tangem, the blockchain banknotes are being added to allow all residents of the country equal access to the digital currency, while not having access to the net.
It will also get rid of the need for additional infrastructure to be introduced to allow corporations to accept the digital currency. We’re excited to accomplice with the Republic of the Marshall Islands to do something that has by no means been achieved earlier than: problem a digital forex as reputable criminal soft-official claimed.
SOV blockchain banknotes is developed to look like traditional notes, but with a hard plastic finish. It is because they are entrenched with a blockchain-enabled microchip that will permit them to be used like a digital currency. It also show transparency, security and regionalisation found in conservative cryptocurrencies, but with the additional benefit of a transportable physical form.
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