The Swiss company-manufacturer of hardware cryptocell Tangem won the tender on production of physical banknotes with blockchain microprocessor that will be used to store the world’s first decentralized digital currency national Sovereign (SOV), released in the Marshall Islands.
According to the company, in that Micronesian state of SOV will be in circulation on a par with United States dollars. It is expected that the decision by the Tangem validation transaction will be done instantly, they do not need an Internet connection and will not be charged Commission.
Recall that the Republic of the Marshall Islands plans to issue its own cryptocurrency, it became known about a year ago. However, the IMF, after consultations with officials of state has published a paper in which he opposed the initiative.
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