By Dr. Peter Dittus, board member of the SOV Development Foundation and Chief Economist at SFB Technologies

Despite regulatory constraints, the rise of digital money continues unabated. Digital currencies are poised to cause a major ripple in economies around the world next year. …

On September 11th, Minister David Paul announced the Time Released Monetary Issuance (TRMI) for the Marshallese sovereign (SOV) at the Invest: Asia conference in Singapore. Once the TRMI launches, people from around the world will be able to purchase pre-SOV units, which can be exchanged for SOV once the Marshallese sovereign launches.

"We're committed to do it the right way," The Minister said. "As long as we do it in a responsible manner it's going to withstand the test of time."

CoinDesk has just released the videos from the conference, so you can watch the Minister's talk in full.

The Minister's talk and interview made waves in both the crypto and mainstream media. We particularly recommend reading this article by Bloomberg that summarizes the key topics the Minister raised in his talk.

Issuing the Marshallese sovereign (SOV) is a major undertaking. It would not be possible without the help of blockchain technology experts and economic advisors to help:

  • Understand what is and is not possible
  • Analyze the impact on the Republic of the Marshall Islands
  • Design the ultimate technical solution
  • Finance the development and issuance of the initial SOV

We are happy to announce that SFB Technologies, Inc is the Appointed Organizer.

SOV Foundation

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store