Above: Barbados’ mMoney website.
mMoney, Barbados’ leading digital wallet and financial ecosystem provider, has entered into a strategic partnership with Sign Global to launch the Asset Distribution System (ADS) powered by blockchain technology.
This collaboration combines mMoney’s trusted fintech infrastructure with Sign’s TokenTable platform to enable secure, automated, and zero-fee distribution of digital assets, including government assistance, merchant rewards, and social impact initiatives.
A cornerstone of the partnership is the development of Bajan Chain, a sovereign Layer 2 blockchain engineered for national data sovereignty and regulatory compliance under Barbadian law. This blockchain infrastructure will support cost-free transactions for citizens while ensuring compliance, transparency, and local control.
“This is about building public financial infrastructure for the digital age,” said Anthony Abed, representing mMoney. “Together with Sign, we’re deploying tools that empower citizens and drive real economic participation, starting in Barbados, and scalable to emerging markets globally.”
The ADS will power initiatives such as government grants, targeted community aid, and affiliate coupon distributions, all integrated directly into the mMoney wallet. The system is built to meet the highest standards of compliance and data protection, with all operations and user data governed within Barbados.
“We’re honored to work alongside mMoney and national partners in shaping one of the Caribbean’s first sovereign blockchain ecosystems,” said Xin Yan, CEO of Sign Global. “Our shared goal is to make digital inclusion real by turning technology into public infrastructure that delivers direct impact to citizens and sets a model for other nations to follow.”
The pilot rollout is scheduled to begin in 2025, with additional phases exploring integrations with identity systems like Trident ID and the distribution of assets to children and other underserved populations, in line with national policy objectives.
