The Kingdom of Bhutan’s openness to dive into Web3 technology creates an opportunity to build a blockchain-based identity infrastructure and modernize the nation’s approach to digital identity.

Bhutan is a Himalayan country where modernization is paced and driven by its culture and values. Its Gross National Happiness (GNH) development philosophy pushes the country to take a cautious approach to tourism and technology. Because of this, Bhutan has historically chosen sovereignty over scale.

The country has already made headlines for its hydro-powered Bitcoin mining project, its crypto reserve initiative for its Gelephu Mindfulness City and its recent rollout of crypto payments through its Binance partnership.

As the country experiments with crypto, the next logical step is to explore blockchain-based digital identity solutions — a critical infrastructure layer that complements its broader crypto ambitions. #CryptoMarket4T