Introduction
Bhutan has taken a significant step in its blockchain initiative by launching TER, a gold‑backed digital token on the Solana blockchain. This move underscores the country’s commitment to integrating digital assets into its economic framework.
How to Purchase TER
Investors can now purchase TER directly through DK Bank, Bhutan’s first licensed digital bank, which ensures full transparency on the blockchain.
TER and Gelephu Mindfulness City
TER is a flagship project for Gelephu Mindfulness City, a special administrative zone designed to attract international capital and foster Bhutan’s digital economy. The token allows global investors to access a tokenized form of gold, combining the stability of gold with the efficiency and global reach of digital assets.
Bhutan’s Positioning in Tokenized Assets
Bhutan is positioning itself as a leader in state‑backed tokenized assets. This launch follows a growing trend where smaller nations are using blockchain technology to modernize the management of safe‑haven assets.
National Digital Experimentation
The introduction of TER is part of Bhutan’s broader national program of digital experimentation. The country has already integrated digital assets into its strategic reserves, deployed blockchain‑based identity systems, and leveraged hydropower to mine Bitcoin.
Future Outlook
By leveraging the Solana blockchain and partnering with DK Bank, Bhutan is creating a transparent and efficient way for investors to access gold‑backed digital tokens. This initiative marks a significant step in the country’s journey towards integrating digital assets into its economy.
