Back to Innovation Atlas

Dominica

No Open Banking

An island country in the Carribean.

A graphic image showing world countries and border lines in different shades of blue, Dominica is made prominent being filled in orange colour.

According to Kepios, 70% of Dominicans had access to the internet at the beginning of 2022.

The Eastern Caribbean Central bank has created its own form of digital currency meant to help speed transactions and serve people without bank accounts. It is the first such blockchain-based currency introduced by any of the world’s currency unions, though some individual nations have similar existing systems.