KCN: LITHUANIA’S CENTRAL BANK TO ISSUE DIGITAL COLLECTIBLE COIN ON NEM BLOCKCHAIN

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LITHUANIA’S CENTRAL BANK TO ISSUE DIGITAL COLLECTIBLE COIN ON NEM BLOCKCHAIN

Lithuania’s central bank to issue digital collectible coin on NEM blockchain. According to Ledger Insights portal: “The Bank of Lithuania plans to issue a blockchain-based digital collectible coin, the LBCoin. In celebration of the anniversary of Lithuania’s independence on 16 February 1918, the coin’s face value will be € 19.18… The digital coin which will be available to buy from the Bank’s e-shop next year, can be used to redeem a real silver coin. However, it’s not a straight forward swap. There were twenty signatories in Lithuania’s declaration of independence, and there will be a token representing each of them which can be collected”. Stay on top of the latest developments from the world of blockchain with us. The news release partner STEX.com.

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