Orta Afrika Cumhuriyeti (CAR) Ülkelerin Doğal Kaynaklarını Tokenleştirmeyi Planlıyor

• The World Bank has granted $35 million in development financing.
• Some have questioned whether using Bitcoin as legal cash would be beneficial.

As part of its ambitious Sango Project, the Orta Afrika Cumhuriyeti (CAR) wants to tokenize access to the country’s enormous natural resources. An official statement from President Faustin-Archangel Touadera was made on his official Twitter account Thursday, outlining the next stages in this effort.

Minister of State and cabinet chief of staff Obed Namsio signed the statement, which said in part:

“Herkesin topraklarımızın zenginliklerine erişmesine izin veriyoruz. Başka bir deyişle, benzeri görülmemiş yeni bir idari ve ekonomik hareketle bunları eşit derecede değerli ve önemli dijital varlıklara dönüştürüyoruz.”

Highly-Anticipated Project Sango

Furthermore, Touadéra requested the parliament to devise a new plan for the country’s economy, according to a statement from the government. After becoming the second nation to accept Bitcoin as legal money in April, the CAR launched Project Sango. However, it is reported that Dünya Bankası has granted a $35 million development financing for a Sango cryptocurrency centre in the nation, despite its professed opposition.

The Sango Project includes the creation of a legal framework for resource tokenization, as well as the establishment of e-residency for investors, crowdfunding infrastructure, and the establishment of Sango—the so-called Kripto Island metaverse. Gold, oil, diamonds, copper, uranium, rhodium, limestone, cobalt, and manganese are just some minerals found in the CAR.

As a result of the country’s weak state and lack of growth, some have questioned whether using Bitcoin as legal cash would be beneficial. Only a tiny percentage of the population has access to the internet or power.