A original transfer came from Bhutan, the South Asian nation that stands out with its aid for Bitcoin (BTC) and cryptocurrencies.
Bhutan, which has been quietly making moves into cryptocurrency, just no longer too lengthy within the past moved its nationwide ID machine to Ethereum.
Accordingly, Bhutan is migrating its self-sovereign identity (SSI) machine, holding roughly 800,000 of us, from its previous tainted, Polygon (POL), to the Ethereum (ETH) blockchain.
The technical integration with Ethereum has been accomplished, and the tubby migration of all credentials is scheduled to be accomplished within the major quarter of subsequent year.
While Bhutan is the third nation to put into effect a blockchain-primarily primarily primarily based nationwide ID machine, on the 2nd most efficient just a few international locations, equivalent to Brazil and Vietnam, be pleased partly adopted the same methods.
Ethereum co-founder Vitalik Buterin and ETH Foundation President Aya Miyaguchi attended the inaugurate ceremony. Miyaguchi acknowledged that this is the enviornment’s first nationwide-stage Ethereum identity integration.
“The nation’s dedication to granting its residents a self-governing identity is terribly impressive. This integration is a global-first initiative and a step in direction of an inaugurate and safe digital future. This transfer represents no longer most efficient a nationwide fulfillment nevertheless also a global step in direction of a more inaugurate and safe digital future within the lengthy speed,” acknowledged Aya Miyaguchi.
Bhutan has been running its ID machine on Polygon since August 2024, and on Hyperledger Indy sooner than that.
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