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Taiwan-Palau Partner on Digital Innovation and Web3 Initiatives

Image credit: moda.gov.tw

Audrey Tang, the Minister of Digital Affairs, met with a group led by Palau’s Minister of Finance, Kaleb Udui, Jr to discuss digital government, cybersecurity, Web3, and other matters, kicking off a discussion on potential future cooperation between the two countries.

Minister Audrey discussed the current state of digital signature promotion in Taiwan and expressed willingness to reply to Minister Kaleb’s request to apply for Palau’s Digital Residency, hoping that this meeting can strengthen mutually beneficial collaboration between the two sides in relevant fields.

She added that the Ministry of Digital Affairs (moda), as the competent authority under the Electronic Signatures Act, is aggressively promoting the use of digital signatures.

Drawing on Palau’s experience with the “Web3 Digital Residency,” Taiwan intends to promote the “Digital Field Employment Gold Card” and further plans for mutually beneficial recognition of digital certifications between the two countries to improve the ease of commerce and trade operations.

Both Palau and Taiwan defend the values of freedom and democracy and share common goals and ideas. She expects that this meeting would promote continuous exchanges and collaboration between the two sides on digital governance, cybersecurity, Web3, and other problems, thereby expanding relations and deepening cooperation in the digital realm.

Taiwan and Palau have long had close ties in a variety of industries, including finance, tourism, and healthcare. The two countries will continue to promote the concept of digital and economic reciprocity, as well as contribute to the Pacific region’s prosperity and development.

The two nations recognise the significance of digital partnerships in today’s interconnected world. First, they foster collaboration and the exchange of knowledge between nations, allowing them to leverage each other’s expertise, resources, and technological advances.

Second, digital partnerships foster innovation and stimulate economic expansion. Countries can undertake joint research and development initiatives, create innovative solutions, and investigate new economic opportunities by combining their strengths.

Additionally, digital partnerships improve cybersecurity and data protection. Collaboration in this area enables the sharing of best practices, intelligence, and resources, thereby bolstering the collective defence against cyber threats and guaranteeing the security of the digital infrastructure.

Additionally, digital partnerships foster digital inclusion and reconcile the digital divide. By collaborating, nations can develop initiatives to provide affordable and accessible digital technologies, enabling marginalised communities and developing regions to participate in and profit from the digital economy.

Finally, digital partnerships promote diplomatic relations and cultural exchange. Digital collaborative projects promote mutual understanding, strengthen ties between nations, and set the groundwork for future collaborations in various sectors.

Recently, Minister Audrey met with Tuvalu’s Minister of Justice, Communication, and Foreign Affairs, Simon Kofe, to help the Pacific ally move towards its goal of becoming a “digital nation” and make it stronger.

Taiwan and Tuvalu both want to help both the public and private sectors become more digital. To make real progress in digital areas like cyber security and government services, countries need to work together more often.

Taiwan and Tuvalu should work together and learn from each other for the good of every one since they are both island countries with similar climate and geography problems.

Taiwan’s development and use of different and heterogeneous communication networks is a good example. For example, Taiwan is using Web3 decentralised applications, improving the security of submarine cables, increasing the bandwidth of microwaves, and planning conceptual verifications for non-geostationary satellite orbits.

The moda cited that Taiwan and Tuvalu are close friends with similar values and a shared Austronesian culture. The Pacific ally’s plan to deal with global problems and keep its culture, knowledge, and past alive in the digital space is built on becoming a digital nation.

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