Estonia’s e-Residency program allows location-independent non-citizens and firms to access services such as banking digitally. Cryptocurrency firms have particularly embraced the program warmly with around 600 of them estimated to be registered there currently. Consequently, the Estonian central bank deputy governor, Madis Muller, says the program poses a money-laundering risk In quotes reported...
Remarkably, the blockchain system has evolved into building concepts that were not originally intended for a decentralized ledger technology. Such will be the case of Estonia’s proposed e-Residency Project, powered by the Nation itself, and expected to be a platform that builds a digital nation for global citizens. Virtual reality is one thing, however, a virtual community based on a real-life...
Estonia launched its e-residency program about three years ago and, since then, about 22,000 people from all over the world signed up to the program that gives them a government-backed digital ID, the ability to register an EU company, access to business banking, and tools to digitally sign documents without actually living there. Now, as reported by CCN, Estonia might be the first country in the...
Estonia has taken to being at the forefront of the European blockchain revolution swimmingly, offering its e-residency program and now considering a way of offering currency to e-residents. On a page that about the proposal, Vitalik Buterin is quoted as saying: An ICO within the e-Residency ecosystem would create a strong incentive alignment between e-residents and this fund, and beyond the...
E-voting has emerged as an area with many applications, including shareholder voting, according to a Nasdaq report by Richard DeMarinis, principal software engineer at Nasdaq’s enterprise architecture and Heidi Uustalu, head of Nasdaq Tallinn issuer services, and Frederik Voss, head of Nasdaq blockchain strategy. Nasdaq announced interest in 2016 in a new e-voting platform using blockchain...
Estonia’s e-Residency platform will facilitate a blockchain-based e-voting service enabling shareholders of companies listed on Nasdaq’s Tallinn Stock Exchange to vote in shareholder meetings, according to Nasdaq and the Republic of Estonia. The Nasdaq’s Tallinn Stock Exchange is Estonia’s only regulated securities market, according to Nasdaq. The e-Residency platform is an electronic identity...
Bitnation, a governance service that provides block chain IDs and bitcoin debit cards to refugees, has teamed with the government of Estonia to provide public notary services on the block chain, according to the International Business Times. Beginning in December, people utilizing Estonia’s e-residency program will be able to notarize marriages, contracts, birth certificates and more on the block...
The Republic of Estonia has officially introduced e-Residency, a government-issued digital identity card that provides a way to operate a location-independent business online. Estonia announced the e-Residency program today at Nordic Digital Day, an e-government conference at the Swissotel Tallinn, Estonia. The e-Residency program enables secure and convenient digital services that facilitate...