Barbados to Become First Regime With a Virtual Embassy in the Metaverse

Source: NDTV [India]

“Barbados, the tiny Caribbean island nation, has decided to extend its diplomatic outreach by becoming the first country to establish a digital embassy after an agreement with metaverse platform Decentraland. Barbados’ Ministry of Foreign Affairs and Foreign Trade officially signed an agreement to establish a digital embassy in Decentraland, a user-owned, Ethereum-based digital environment. The construction of this virtual headquarter was approved by the country’s executive in August and its launch is expected to officially take place in January 2022. Decentraland as a platform appears to have a head start on other metaverse companies . It already has an ecosystem in place that allows users to buy plots of land that they can navigate, build upon, and monetise.” (11/16/21)