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© 2025 Ministry of Finance, Republic of Palau
Palau, in collaboration with Soramitsu and Japan’s Ministry of Economy, Trade, and Industry (METI), has officially launched a groundbreaking blockchain-based savings bond system, marking a significant step in the country’s financial future. This initiative comes under the auspices of METI’s "Global South Future-Oriented Co-Creation Project," showcasing Japan's commitment to empowering emerging economies through cutting-edge technology.
This project operates on Iroha 2, a highly modular, permissioned blockchain platform, making it adaptable for various use cases, while working efficiently out of the box.Iroha2’s innovative framework offers a streamlined approach to bond issuance and management, enhancing security, transparency, and cost - efficiency for Palau's financial operations.
With the support of Palau’s government, including President Surangel Whipps Jr., and METI Japan, the Palau Blockchain - Based Savings Bond project represents the beginning of a new financial era, leveraging blockchain to reshape how nations manage their finances for public good.
Soramitsu is an award - winning global financial technology company with expertise in developing blockchain - based solutions for digital asset and identity management.Our mission is to use blockchain to promote innovation and solve pressing societal challenges.
Beyond Palau, Soramitsu has been instrumental in deploying blockchain - based financial systems across the Asia - Pacific region, including successful CBDC initiatives in Cambodia, Laos, and the Solomon Islands.These projects are part of a broader vision to build a shared financial platform across Pacific Island nations, enabling easier access to modern financial services at reduced costs through blockchain technology.
