The Marshall Islands has taken a significant step in blockchain adoption by launching the world's first on-chain universal basic income program. Built on the Stellar blockchain network, this initiative represents a major real-world use case for cryptocurrency technology in public policy. The program aims to distribute funds directly to citizens via blockchain infrastructure, demonstrating how decentralized networks can facilitate government services. This move positions the Marshall Islands as an early adopter of blockchain-based social welfare systems and could set a precedent for other nations exploring crypto-based solutions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
2
Repost
Share
Comment
0/400
SerNgmi
· 12-17 00:54
Oh my God, did Marshall really do it? If on-chain UBI really takes off, other countries probably won't be able to sit still.
View OriginalReply0
CoinBasedThinking
· 12-17 00:49
The Marshall Islands' approach is brilliant—directly issuing UBI on-chain, much more reliable than projects that just talk about blockchain salvation.
The Marshall Islands has taken a significant step in blockchain adoption by launching the world's first on-chain universal basic income program. Built on the Stellar blockchain network, this initiative represents a major real-world use case for cryptocurrency technology in public policy. The program aims to distribute funds directly to citizens via blockchain infrastructure, demonstrating how decentralized networks can facilitate government services. This move positions the Marshall Islands as an early adopter of blockchain-based social welfare systems and could set a precedent for other nations exploring crypto-based solutions.