Overstock Subsidiary to Help Liberia Digitize Services, Boost Economy with Blockchain By Cointelegraph

Overstock.com (NASDAQ:) subsidiary Medici Land Governance has signed a memorandum of understanding with Liberia to help the African nation digitize government services, a news release announced on June 10.

The pro bono pilot project will explore how Liberia can strengthen its economy through blockchain and enhance interoperability between government departments. As well as strengthen the country’s capacity to generate revenues, the release notes that such infrastructure could reduce corruption.

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