Bank of Lithuania
2019-03-22
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The Bank of Lithuania has announced an open tender for the development, deployment and maintenance of the platform for selling the digital collector coin. Applications can be submitted until the beginning of April.

Procurement documents

Participants are invited to offer their services for the development, deployment and maintenance of the platform for tokens and token selling. Tokens will have to be designed using blockchain technology.

Collectors will be able to purchase a limited number of tokens, exchange them and, having collected the needed set, redeem the physical coin. Special attention is paid to security – tokens must be counterfeit-proof, while the platform for token selling has to be ready to handle heavy user traffic and be protected against cyberattacks.

In early June last year, the Bank of Lithuania organised a hackathon where eight participating teams proposed their ideas and technologies for the creation of a digital collector coin.

The issuance of the digital collector coin would be yet another step towards implementing one of the Bank of Lithuania’s strategic directions in the field of innovation and FinTech.