Excellent update, but why they need to introduce a crypto currency? I don't know this methodology / concept is very much suitable to crypto world with lots of maths and algorithms! Anyway as a Government involvement, it seems it will get more audience! Hope to hear more from you about this new coin and I wish to be a part of their ICO if it's really backed by the government!@janusface,
Cheers~
If it is a good use case for blockchain is another question..It is a trend to link crypto with commodities: This is a company from my country which is going to have an ICO with a token backed by their nickel resources: https://www.zerohedge.com/news/2017-10-29/norwegian-mining-company-launches-first-asset-backed-initial-coin-offering