/biz/ - Business & Finance

>>30313195
https://www.algorand.com/resources/news/marshall-islands-to-power-worlds-first-national-digital

https://www.sanddollar.bs/
>What is Project Sand Dollar?
Project Sand Dollar is the initiative embarked upon by Central Bank of The Bahamas to issue its own digital version of the Bahamian dollar (B$) as well as implement the appropriate digital payments system infrastructure to sufficiently underpin the operation of a digital currency ecosystem.

>Why does the Central Bank of The Bahamas think we need this?
To advance more inclusive access to regulated payments and other financial services for under-serviced communities and socio-economic groups; as well as to reduce service delivery costs and increase transactional efficiency for financial services across The Bahamas.

https://www.algorand.com/resources/news/marshall-islands-to-power-worlds-first-national-digital

https://www.sanddollar.bs/
>What is Project Sand Dollar?
Project Sand Dollar is the initiative embarked upon by Central Bank of The Bahamas to issue its own digital version of the Bahamian dollar (B$) as well as implement the appropriate digital payments system infrastructure to sufficiently underpin the operation of a digital currency ecosystem.

>Why does the Central Bank of The Bahamas think we need this?
To advance more inclusive access to regulated payments and other financial services for under-serviced communities and socio-economic groups; as well as to reduce service delivery costs and increase transactional efficiency for financial services across The Bahamas.