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Palau is building a blockchain platform for government bonds

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Contract won by Japanese company that co-developed Cambodia’s digital currency

The Pacific island nation of Palau is developing a blockchain platform to issue government bonds.

Nikkei reported that Saramitsu won the 100 million yen ($0.64 million) contract to bring the platform online on a trial basis in 2024, aiming for a full launch next year. The project is receiving support from Japan’s Ministry of Economy, Trade and Industry, and Japan’s foreign and finance ministries will advise on project management.

In addition to issuing debt to retail and institutional investors

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Websites offering financial services include Risk.net, FX Markets.com, WatersTechnology.com, Central Banking.com, PostOnline.co.uk, InsuranceAge.co.uk, RiskTechForum.com, and Chartis-Research.com.

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