BITNATION Uses Blockchain-based Public Notary Services For Estonia E-Residency
Starting December 1, 2015, the Estonian e-Residency program, in partnership with the virtual nation BITNATION.co will use Blockchain Technology to offer a Public Notary to e-Residents in the Blockchain jurisdiction.
On December 1, 2015, BITNATION will introduce a public notary service for Estonian e-residents. Via the international BITNATION Public Notary, e-residents, regardless of where they live or do business, will be able to notarize their marriages, birth certificates, business contracts, and much more on the blockchain. The blockchain is a public ledger distributed across hundreds of thousands of computers around the world. The distributed and immutable nature of this public notary makes it more secure than any notary currently offered by traditional nation states.
BITNATION is the world’s first Blockchain powered virtual nation. It provides DIY Governance Services. The international public notary will be the first service the virtual nation provides specifically for Estonian e-residents, but BITNATION has previously received international attention for pioneering marriage, land titles, birth certificates, refugee emergency response, and world citizenship ID on the blockchain.
Estonian e-Residency is an initiative that allows anyone around the world to take advantage of the secure authenticated online identity the Estonian government already offers its 1.3 million residents. The launch of the BITNATION public notary illustrates how Estonian e-Residency can provide a platform for not only banking and corporate incorporation, but also other day-to-day governance services, that creatively address the needs of entrepreneurs and citizens around the world. The BITNATION Public Notary is not valid in any jurisdiction except in ‘blockchain jurisdiction’. If a couple gets married on the Public Notary, it doesn’t mean they get married in the jurisdiction of Estonia, or in any other nation-state jurisdiction. Instead, they get married in the ‘blockchain jurisdiction.’
“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,” said e-Residency Program Director Kaspar Korjus. “We’re truly living in exciting times when nation states and virtual nations compete and collaborate with each other on an international market, to provide better governance services.”
BITNATION Founder, Susanne Tarkowski Tempelhof, said she believes the Estonian government “understands the dynamics of the globalization era far better than any other government” she can think of. “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 and follow BITNATION’s path to sovereignty,” said Tarkowski Tempelhof.
Source: Press Release via Email
Header image courtesy of BITNATION
Originally published at Fintechist.