Bermuda is set to create the world's first fully onchain national economy, with support from major cryptocurrency firms Coinbase and Circle. This groundbreaking initiative aims to integrate blockchain technology into the country's economic framework, enhancing transparency and efficiency in financial transactions.
The collaboration with Coinbase and Circle will leverage their expertise in digital currencies and blockchain infrastructure to facilitate this transition. Bermuda's move represents a significant step towards the adoption of blockchain technology at a national level, potentially setting a precedent for other countries to follow.
Bermuda to Establish World's First Fully Onchain National Economy
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