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

Morgan Stanley Adds Crypto Trading To E*Trade With Aiming Millions Of Retail Investors

Morgan Stanley is taking a big step into digital assets space with the launch of…

26 minutes ago

Brian Armstrong Sets Course for AI-Driven Transformation As Coinbase Cuts 14% of Workforce

Coinbase is about to undergo one of its largest structural reorganisations in some time, with…

11 hours ago

$150M Crypto Ponzi Scheme Crumbles, Forming Global Fraud Network As Investigators Freeze $41.5M

The suspicious DSJ Exchange (DSJEX) and BG Wealth Sharing scheme, now confirmed a Ponzi operation,…

11 hours ago

BlackRock And Fidelity Lead $532 Million In Institutional Bitcoin ETF Inflows As Demand Soars Following Ceasefire

Demand from institutions is heating up again, with U.S. spot Bitcoin ETFs logging a tally…

1 day ago

Western Union Launches USDPT Stablecoin on Solana to Transform Global Payments Infrastructure

Western Union expands its participation in the digital asset ecosystem with USDPT, a Solana native…

2 days ago

ZachXBT Exposes Alleged Illicit Flows And Market Manipulation Across Tokenlon And Influencer Networks

The cryptocurrency sector is in the spotlight again as ZachXBT has accused decentralized exchange Tokenlon…

2 days ago