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Dominica enters agreement with TRON to adopt blockchain technology

The Government of Dominica has entered into an agreement with TRON following the passage of Virtual Asset Business legislation in May 2022.  

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 Protocol is one of the leading global blockchain platforms, known for its efficient and cost-effective crypto settlement system.  

TRON has obtained the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare for its natural heritage and tourism attractions.  

“Dominica is committed to building a more inclusive and diversified economy with the help of new technologies. The open and cost-effective nature of the TRON blockchain infrastructure will play a vital role to better integrate Small Island Developing States like Dominica into the global economy in the future,” said Prime Minister, Roosevelt Skerrit. 

Following the announcement, Tech entrepreneur and TRON founder Justin Sun tweeted the following:  

“Dominica is the first country in the world to designate blockchain as their national infrastructure and it is #TRON. I changed my name ticker into Dominica flag. I may suggest to move @HuobiGlobal exchange to Dominica as the national exchange.”  

 

 




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