TechFlow news, May 9 — Scallop has announced a partnership with RNS, the world's first sovereign-backed blockchain-native digital identity platform. Users can now obtain the Republic of Palau-recognized on-chain legal identity (Palau ID) through Scallop.
This identity grants holders multiple benefits, including: 180-day extended stay period, 0% tax rate on foreign-sourced income, and no language or travel requirements.
Notably, Vitalik Buterin and Tim Draper are both early adopters of this digital identity. RNS is the world’s first sovereign-backed blockchain-native digital identity platform.
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