The ability of nations, institutions, or individuals to maintain control over their economic policies and financial systems while participating in a global economic network. SORA v3's Hub Chain supports economic sovereignty by balancing the role of nation states in managing their domains with the freedom of borderless financial activities. This enables countries to create their own digital assets (like CBDCs) on the SORA platform while maintaining independence and control.
Economic Sovereignty
EconomicsThe ability of nations, institutions, or individuals to maintain control over their economic policies and financial systems while participating in a global economic network. SOR…
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Definition
The ability of nations, institutions, or individuals to maintain control over their economic policies and financial systems while participating in a global economic network. SORA v3's Hub Chain supports economic sovereignty by balancing the role of nation states in managing their domains with the freedom of borderless financial activities. This enables countries to create their own digital assets (like CBDCs) on the SORA platform while maintaining independence and control.