Categories: News

Estonia Patners with Bitnation to Launch e-Residency Blockchain Program

The Republic of Estonia has partnered with Bitnation, a blockchain-based governance platform, to provide notary services to e-residents. Bitnation is a type of digital nation state, which handles all of its record keeping on bitcoin’s blockchain. The e-Residency program will officially launch at the beginning of December. Anyone, regardless of place of birth/residency, will be able to notarize any document on the blockchain.

The Estonian e-Residency program will give Bitnation much more credibility and cement it as a sovereign entity in the burgeoning blockchain economy. Susan Tempelhof, Founder and CEO of Bitnation, sees a future where nation states will have to compete to provide the best governance services. Tempelhof was quoted in an IBTimes article, “I’m delighted to work with Estonia’s e-Residency program to set a standard practice of competition of governance services on a global market, and to enable others to exercise self-determination”

Bitnation recently made headlines when it started handing out Blockchain Emergency IDs and Bitcoin Visa debit cards to refugees entering Europe from Turkey.

Related Post

Susan Tempelhof firmly believes that people around the world should have the right to freely choose which digital services are best for them, and Kaspar Korjus, director of Estonia’s e-Residency program, is in full agreement:

“In Estonia we believe that people should be able to freely choose their digital/public services best fit to them, regardless of the geographical area where they were arbitrarily born.”

If you liked this article follow us on twitter @themerklenews and make sure to subscribe to our newsletter to receive the latest bitcoin and altcoin price analysis and the latest cryptocurrency news.

Traderman

Avid blogger, entrepreneur, and cryptocurrency enthusiast. I love writing about cryptocurrency, NFTs, price analysis, and much more!

Share
Published by
Traderman

Recent Posts

TRON Leads All Blockchains in November Fees as Perpetuals Trading Surges 271%

TRON ended November as the top blockchain by fees, extending its dominance in payment infrastructure…

1 day ago

Prediction Markets Hit New All-Time Highs as November Volume Surges to $14.3B

Prediction markets just locked in another breakout month. November closed with $14.3 billion in total…

1 day ago

Trust Wallet Launches Native Predictions: A New Era for On-Chain Betting

Trust Wallet is stepping into a completely new lane. The CZ-owned self-custody wallet has launched…

2 days ago

Kraken Acquires Backed to Supercharge Tokenized Equities as xStocks Enters Its Next Phase

Kraken has announced the acquisition of Backed, the tokenization platform behind some of the fastest-growing…

2 days ago

Sui Pauses & AVAX Rebounds While Zero Knowledge Proof’s 200M Daily Presale Auction Goes Live, Sparking Massive Buyer Rush

Sui Pauses & AVAX Rebounds While Zero Knowledge Proof’s 200M Daily Presale Auction Goes Live,…

3 days ago

Europe Takes Down Cryptomixer: A $1.4B Bitcoin Laundering Machine Falls After Eight Years

Europe just shut down one of crypto’s longest-running shadows. Germany and Switzerland, backed by Europol,…

3 days ago