British Virgin Islands will roll out a national digital currency known as the BVI-LIFE which will enable it to reduce its reliance on the U.S. dollar.
It is beginning to look more evident that China has big plans for a digital future and there are signs that it will be more amenable to blockchain and digital currency.
The bank is preparing to enter into a deal for the development of the new currency system as part of a scheme dubbed “Project Sand Dollar.”
Vitas Vasiliauskas, who chairs the board of the Bank of Lithuania, recently discussed digital currency and whether it should be wholesale, retail or both.
Samsung is ready to launch its own blockchain mainnet, according to reports, which noted that a new token would also be offered along with the blockchain.