Why is SandDollar referred to as "the digital Bahamian doll

? Why is SandDollar referred to as "the digital Bahamian dollar?"

Because it is. That is the most basic explanation of Sand ollar. The Central Bank of The Bahamas, which issues banknotes and coins is now issuing a digital version of the same.

Other FAQs

? What is Project SandDollar? ? Why does the Central Bank of The Bahamas think we need this? ? Is the Central Bank planning on taking the country cashless? ? What is the difference between Central Bank Digital Currency (CBDC) vs. Bitcoin and other Cryptocurrencies? ? Is SandDollar a cryptocurrency like Bitcoin? ? What is an e-wallet? ? Where are Digital B$ accepted? ? Is the system secure? ? What is Blockchain? ? Is Sand Dollar Legal Tender? ? What is Sand Dollar backed by? ? Can Sand Dollar be used internationally?

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