It’s incredibly exciting to learn that the Marshall Islands is the first country to implement a UBI!
Key details:
* Payments starting in November 2025
* Quarterly UBI for Marshallese citizens
* Digital payment option through Lomalo, a government-developed wallet application that provides citizens with blockchain-secured accounts plus traditional methods including cheques and direct deposit
* 33,000 citizens enrolled across the Marshall Islands’ 24 dispersed atolls
The Korea IT times has published the initial news – read further here.
Further reporting thus far is available from MSN, Cleary Gottlieb (the legal firm that supported the Marshall Island’s UBI development) and Scott Santens.
I look forward to learning more details about this program!
Guaranteeing Economic Security 