Dominica Became the First Country to Announce Its National Blockchain

How would a collaboration between a major blockchain and a sovereign nation look like?

Dominica Became the First Country to Announce Its National Blockchain
How would a collaboration between a major blockchain and a sovereign nation look like?

As the cryptocurrency industry continues to expand and its market scale vastly grows, more and more countries are jumping into the field as pioneers of blockchain adoption.

Most recently, the Commonwealth of Dominica is launching the Dominica Coin (DMC) in partnership with the TRON Protocol (TRX), becoming the first country in the world to designate blockchain as its national infrastructure.

Additionally, the coins of the TRON ecosystem are all licensed by Dominica as licensed digital assets and will be considered legal means of payment in this country.

TRON DAO's official announcement about the collaboration.

The partnership is expected to enhance the economic growth of Dominica by focusing on digital innovation to promote tourism activity of this country. For TRON, this will empower their scale in the decentralized financial future.

As one of the major public blockchains (more than 115 million users & 4 billion transactions), TRON and its partnership with Dominica enables a number of usage scenarios and provides a strong foundation for future adoption and success.

Justin Sun from TRON Network shared thoughts during TOKEN2049, that he believes cryptocurrency is on its way to becoming mainstream in the next decades. During the gloomy market, TRON Network seems to be focusing on building products and strategies together with partners in the industry. The collaboration between this major blockchain and the sovereign nation has marked a big step ahead of web3 mainstream adoption.


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