Swiss Startup to Produce ‘Banknotes’ for Marshall Islands’ Official Cryptocurrency

Feb 01 2019

Switzerland-based crypto hardware wallet maker Tangem says it has been selected by the Republic of the Marshall Islands to produce the “physical blockchain notes” for the nation’s planned national digital currency.

Tangem announced the news Monday, saying the blockchain notes will be used to store the republic’s Sovereign (SOV) digital currency, which is being launched as an alternative legal tender in the country. Once issued, the SOV will be officially accepted alongside the U.S. dollar.

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