One of the leading public blockchains, TRON, has partnered with the Dominican Republic to develop and issue the Dominica Coin [DMC].
The partnership is seen as a step further for cryptocurrency and the Eastern Caribbean nation. This makes it the first time that a major blockchain has partnered with a sovereign state to develop a national blockchain structure.
The Dominica Coin [DMC] is a blockchain-based fan token designed to increase awareness of Dominica’s natural heritage and promote tourist attractions around the world.
Commenting on the latest development, Dominica’s PM, Roosevelt Skerrit said, ”This is a historic step for Dominica in its drive to enhance economic growth by embracing digital innovation and appointing TRON protocol as its designated national blockchain infrastructure”.
TRON founder H.E Justin Sun is pushing the development of e-commerce and blockchain technology in the Caribbean region. This is aimed at boosting engagement in the broader global economy.