The country where you can get cryptocurrency citizenship has been named

Given the popularity of cryptocurrencies and the active implementation of blockchain technologies, the government of Dominica, an island nation on the border of the Caribbean Sea and the Atlantic Ocean, has decided to issue digital citizenship to its population. In addition to the use of blockchain, the uniqueness of the virtual passport from Dominica is that it can be obtained by any user.

Decentralized identification in Dominica is available in the application and on the website of Huobi, which has become a partner of the country. To obtain a virtual passport, you need to pass KYC checks to the maximum level.

After registering the digital document, Dominica’s citizens have the opportunity to receive the Dominica Metaverse Bound Token (DMBT) on the Tron network, which will be used in the country’s own metaverse. In the future, the Dominica Coin (DMC) token will be used to issue regular paper passports from the government.

The uniqueness of the Dominican passport is that its holders can travel to more than 130 countries without a visa. Obviously, this opportunity is not free, but there is no information on the cost of obtaining a paper passport in Dominica. In addition, the country promises to create a unique loyalty program for its new citizens.

While the launch of cryptocurrency citizenship in Dominica is connected with the government’s desire to popularize its country among investors and tourists, South Korea hopes to strengthen control over its citizens by using blockchain ID. According to the plans of the South Korean government, digital identifiers will be embedded in the mobile phones of the country’s residents, and the ID system will work as a regular application, taking up a minimum of RAM. It is expected that about 45 million South Korean citizens will use digital cards in the first 2 years of the system’s launch.