Bahamian residents will now be able to pay for government services with the new digital Sand Dollars.
The Central Bank's Sand Dollar implementation has reached a new milestone for the government's digital transformation after a successful round of testing as a form of payment within the Bahamas Digital Payment Platform, also known as DigiPay.
The country's global-leading digital currency was used as payment for a character certificate this week and passed all phases of the testing without incident.
As a result, the government and the Central Bank will begin integrating other agencies throughout the government into the Sand Dollar ecosystem.
All feeds
