Stop overpaying - start transferring money with Ogvio. Sign up, invite friends & grab Rewards now! 🎁 Enjoyed this article? Share it with your friends! Bhutan has announced plans to begin operating a Sei Network validator in the first quarter. According to a press release published on January 20, the project is being carried out through a partnership between the Sei Development Foundation and Druk Holding and Investments (DHI), the country’s main sovereign wealth fund. DHI’s technology division will oversee the setup and operation of the validator. Did you know? Want to get smarter & wealthier with crypto? Subscribe - We publish new crypto explainer videos every week! What Are Flash Loans? TOP Ways to Make Passive Income Explained SUBSCRIBE ON YOUTUBE Phuntsho Namgay, who heads DHI’s Innovation and Technology Department, said the organization intends to continue working with the Sei Development Foundation to explore additional blockchain-related opportunities aligned with Bhutan’s modernization goals. Namgay stated, "This collaboration marks an exciting step toward strengthening Bhutan’s role in global blockchain innovation while unlocking new pathways for data valuation, scientific advancement, and financial technology". Eleanor Davies, the Sei Development Foundation’s science and innovation lead, said the collaboration extends beyond validator deployment. She noted that future initiatives could focus on tokenization, digital payments, and identity systems. She said, “Our collaboration is a significant investment in national blockchain adoption, further expands Sei’s global validator footprint, and will set the stage for us to partner on innovative projects like payments, tokenization, and personal identification into the future". Bhutan has announced its intention to dedicate 10,000 Bitcoin BTC $89,275.30 from its reserves to fund the establishment of the Gelephu Mindfulness City (GMC). What is it? Read the full story. Aaron S. Editor-In-Chief Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era. With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers. Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners. Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova. Full Bio See Our Experts Thirsty for the Hottest Crypto News in Your Inbox? Get crypto-smart in just 3 mins a day with our newsletter! Join 120,000+ subscribers & get a juicy Daily Squeeze of the hottest, jargon-free news and insights straight to your inbox. Subscribe
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Бутан планирует запустить валидатор сети Sei в первом квартале в партнерстве с Sei Development Foundation и Druk Holding and Investments (DHI). Целью является укрепление роли Бутана в глобальной инновации в области блокчейна, а также развитие новых возможностей в таких областях, как токенизация, цифровые платежи и системы идентификации. Также Бутан намеревается выделить 10 000 биткоинов для финансирования Gelephu Mindfulness City (GMC).
