Marshall Islands Seeks to Establish a 'Self-Sovereign Identity' With New Blockchain-Based Currency

Cointelegraph

Published Jun 05, 2020 09:00PM ET

Updated Jun 06, 2020 11:00PM ET

The Marshall Islands’ project says its creation of a digital sovereign currency, named SOV, aims to be a “game-changer”. It could also pioneer how governments respond to crises such as the COVID-19 pandemic.

In an exclusive interview with Cointelegraph, Joel Telpner, chairman of Sullivan’s Fintech and Blockchain Practice and Marshall Islands crypto advisor, highlighted that the project still faces “a lot” of challenges ahead, but looks forward to making the work “rewarding.”

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