Jay Joe, the CEO of NZIA Ltd believes that the tech startups hold the power to empower Project Sand Dollar in the Bahamas. The CEO said this while addressing the media. He added that making this sort of financial inclusion a reality for Bahamian communities is possible through providing and encouraging opportunities for SMEs.

Joe, while discussing mentioned about the scope of the development of the big project. With the help of the project, NZIA will exhibit how central bank digital currency can empower financial inclusion in the Bahamas. He was quite firm about the local tech start-ups empowering the initiative of tokenizing the Central Bank of Bahamas. He wants to allow people to build new services and solutions as there is a lot of creativity out there.

The main purpose of Project Sand Dollar is to modernize and streamline the country’s financial system. The project is a joint initiative of the Central bank of Bahamas and NZIA.