About

The Boom Eritrean Nakfa (bERN) is the tokenised stablecoin of the Eritrean Nakfa (ERN), the official currency of the Eritrean, a country with a population of 3.8 Million people and a GDP of $2.13 Billion. bERN is 100 percent backed 1-to-1 by deposits in Eritrean Nakfa and redeemable 1-to-1 in Eritrean Nakfa. Tokenising Eritrean Nakfa onto the Boom blockchain makes it instantly trade-able across borders and extends its utility into smart contracts, DeFi and more. Unlike legacy stablecoins, Boom tokenised stablecoins are seizure-resistant.