A brand new transfer got here from Bhutan, the South Asian nation that stands out with its help for Bitcoin (BTC) and cryptocurrencies.
Bhutan, which has been quietly making strikes into cryptocurrency, just lately moved its nationwide ID system to Ethereum.
Accordingly, Bhutan is migrating its self-sovereign id (SSI) system, protecting roughly 800,000 folks, from its earlier base, Polygon (POL), to the Ethereum (ETH) blockchain.
The technical integration with Ethereum has been accomplished, and the total migration of all credentials is scheduled to be accomplished within the first quarter of subsequent 12 months.
Whereas Bhutan is the third nation to implement a blockchain-based nationwide ID system, at present only some international locations, comparable to Brazil and Vietnam, have partially adopted related programs.
Ethereum co-founder Vitalik Buterin and ETH Basis President Aya Miyaguchi attended the launch ceremony. Miyaguchi acknowledged that that is the world’s first national-level Ethereum id integration.
“The nation’s dedication to granting its residents a self-governing id may be very spectacular. This integration is a world-first initiative and a step towards an open and safe digital future. This transfer represents not solely a nationwide achievement but in addition a world step towards a extra open and safe digital future in the long run,” mentioned Aya Miyaguchi.
Bhutan has been operating its ID system on Polygon since August 2024, and on Hyperledger Indy earlier than that.
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