Central African Republic Embarks on Blockchain Land Tokenization with Solana

The Central African Republic (CAR) is taking a bold step towards modernization, launching a blockchain-based land tokenization project on Solana. President Faustin-Archange Touadéra has led the initiative to tokenize over 1,700 hectares of land, aiming for a seamless and transparent land access system by June 2025. The $CAR token will serve as the key for accessing these concessions online through Solana’s blockchain platform. This move underscores CAR’s commitment to leveraging blockchain technology in its national development strategy, with land tokenization serving as one crucial component.