News

Marshall Islands Acquiring Financial Independence through the Power of Blockchain and Cryptocurrency

Op-Ed by: Daniel Popa, Anchor CEO
Published In: Marshall Islands Journal, November 1st
Read the original article here.

Summary:

Due to the loss in value of the US dollar over the past 25 years, the Republic of the Marshall Islands has decided to make use of blockchain technology and develop an official sovereign cryptocurrency to gain financial independence and facilitate the ease and speed of daily transactions. Anchor’s CEO Daniel Popa discusses the significance of this decision in The Marshall Islands Journal and provides a case for why the adoption of the Anchor stablecoin and its non- flationary financial index, the Monetary Measurement Unit, would provide the Marshall Islands with the stable and decentralized infrastructure it is looking for.