Marshall Islands to Issue Physical Banknotes for World’s First Decentralized National Digital Currency

Marshall Islands to Issue Physical Banknotes for World’s First Decentralized National Digital Currency

Original Author: Samantha Chang – Go to Original Source

The Marshall Islands will soon circulate physical banknotes representing the world’s first decentralized national digital currency. This is happening under an agreement with Tangem, a Swiss maker of blockchain-enabled smart card wallets for cryptocurrencies. “We are excited to partner with the Republic of the Marshall Islands to do something that has never been done before: issue a digital currency as official legal tender,” Tangem co-founder Andrey Kurennykh gushed in a statement. Smart Card with Microchip and NFC Antenna The physical banknotes will take the form of a smart card powered by a blockchain-enabled microprocessor. Tangem says its technology enables users to

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Belarus’ Biggest Bank is ‘Working on’ Launching Its Own Cryptocurrency Exchange

Belarus’ Biggest Bank is ‘Working on’ Launching Its Own Cryptocurrency Exchange

Original Author: Jimmy Aki – Go to Original Source

According to a report by local news outlet BeITA, Belarusbank, the largest bank in Belarus, is considering the launch of its very own cryptocurrency exchange platform. The plans for the exchange were revealed by Viktor Ananich, the Chairman of Belrusbank’s board. Speaking with Belarus 1 TV channel, Ananich remarked: “We are considering a possibility to establish a cryptocurrency exchange. We are working on it.” For Belarusbank, Digitization is the Future The bank is looking to intensify its focus on digitization, and it is reportedly seeking ways to expand its range of services by forming alliances with various mobile service providers.

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