Dec 21, 2020
Tuvalu Embarks on World's First National Digital Ledger Project on Bitcoin
The Tuvalu Government has today announced its plans to become the world's first paperless society using Bitcoin Satoshi Vision (BSV) and its digital public ledger. The highly scalable, low-cost system, which is in accordance with the original, set-in-stone Bitcoin protocol, provides long-term thinking and sustainability highly valued by the Tuvalu Government. Typically seen as "small," "remote," and "precariously placed," Tuvalu and its partners view the nation's characteristics as an ICT strength that will allow it to maneuver more rapidly in terms of tech development. Working in collaboration with the leading blockchain technology company nChain, the Bitcoin consultancy Elas Digital, and the community-tech consultancy Faiā, Tuvalu has taken the first step in migrating to a completely digital infrastructure using BSV's unprecedented scalability and efficiency.
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