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Alternative Market Briefing

Switzerland-based Tangem to produce world's first physical banknotes for Marshall Islands digital currency

Tuesday, January 29, 2019

Laxman Pai, Opalesque Asia:

Switzerland-based cryptocurrency 'smart card' wallet manufacturer Tangem announced that it would be issuing physical banknotes of the sovereign (SOV) currency for the Marshall Islands.

Sovereign, as it is now being named, will officially make history by being one of the first digital national currencies in the world, claimed a press note.

Once issued, SOV will join the U.S. dollar as the official legal tender of the Republic of the Marshall Islands (RMI).

These physical bank notes will be developed with the help of blockchain technology, allowing for a cheap, quick and global transaction for interested users, it said.

Th......................

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