The Commonwealth of Dominica has chosen TRON DAO as its national blockchain. The platform will be responsible for the development as well as the launch of its Dominica Coin (DMC) – a fan token based on blockchain. On the Twitter handle thereof, TRON DAO shared the respective news. It added that – while being a prominent blockchain containing 115M consumers as well as 4B transfers – Dominica’s collaboration offers several use cases.
TRON Occupies the Place of Dominica’s National Blockchain for Dominica Coin’s Launch
Along with this, it also enables the provision of a resilient foundation for success in the future. In its Twitter thread, the platform mentioned that such a move has been taken for the first time as a well-known public blockchain is taking a sovereign country as its collaborator for the development of the blockchain infrastructure on a national scale. The collaboration denotes a crucial move taken on the behalf of the Eastern Caribbean country that has approved the Virtual Asset Business Act in its Parliament formerly this year. Earlier, Dominica selected Tron to issue its first coin.
Dr. Roosevelt Skerrit, Dominican Prime Minister stated that this step would play a significant role in improving economic advancement with the adoption of the TRON Protocol as well as the innovation for the designation of Dominica’s nationwide blockchain infrastructure. DMC is considered to be a fan token based on blockchain technology to increase awareness of the natural heritage of Dominica along with assisting in expanding the country’s tourist attractions worldwide.
The development of the token denotes a breakthrough in the journey of the country toward a future envisioned by the Prime Minister of Dominica, taking into account an additionally expanded agricultural footprint as well as many innovative advancements related to the entrepreneurial fancy apart from several other things. The new endeavours of the country, conventionally known as a paradise for tourism, will embrace more than only visitors to come into the Caribbean jurisdiction.
The cost-effective and open nature of the blockchain infrastructure of TRON will be important in better integrating the small island turning Dominica and other such states into vital contributors in the worldwide economy for the coming time, as affirmed by the P.M. Roosevelt Skerrit. Justin Sun, the TRON H.E.’s founder and Grenada’s Permanent Representative for the World Trade Organization, is gearing up the progress of blockchain and e-commerce technology within the jurisdiction of the Caribbean.
TRON Shows Optimism for Several Such Partnerships in the Future
He intends to grow the venue’s engagement in the wide-ranged economy across the globe. As per Sun, they are thrilled about the partnership and to know that they are trusted by the Prime Minister of Dominica. He expressed his expectation that this would be the initial of several technological collaborations to be carried out with some sovereign countries. With a huge number of transactions and customers, TRON’s collaboration will offer a lot of use cases and a basis for its achievements in the future.
