The Marshallese sovereign (SOV), which could become the first state-backed digital currency to enter circulation, will be built using the Algorand protocol.
SFB Technologies, the technology provider tasked with delivering the SOV initiative, announced Monday it had selected the Algorand protocol as the blockchain base for the upcoming digital currency of the Marshall Islands.
Continue reading: https://www.coindesk.com/algorand-blockchain-chosen-as-underlying-tech-for-marshall-islands-digital-currency