Lithuania’s central bank has issued a NEM blockchain-based collector token in homage to the country’s Act of Independence of 1918.
The Bank of Lithuania has released a digital, blockchain-based collector coin dedicated to the country’s Act of Independence of 1918 and its 20 signatories.
Claiming a world first, the central bank says the digital coin represents “a bridge that brings together classical numismatics and rapidly evolving financial technologies.”
Issued on July 23, the new LBCOIN is intended both as a national symbol and as a signal of the bank’s strategic choice to drive innovation in the field of finance and payments.
“Digital money is inevitable”
Marius Jurgilas, a member of the board of the Bank of Lithuania, gave a comprehensive overview of the project’s goals, stating that:
“Digital money is inevitable in the digital economy.