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specialists is following a well-established tradition of test driving new technologies on the . Extending the island’s testing facility, a decentralised KYC application the team is working on also leverages the jurisdiction’s financial services pedigree.

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In light of these threats and challenges, the authorities of began working together with , a infrastructure provider for building secure and scalable .

For the purposes of the experiment, the and will assign test IoT devices with unique ID numbers that will be recorded on the , presumably allowing security software to use the ledger as a reference to verify authorized devices and block duplicates.

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