E-Citizenship Can Benefit From Blockchain Technology
The idea of becoming e-citizen of a specific country sounds very appealing to lots of people. However, there is only one country offering such a service right now, which is Estonia. While it may seem strange for a former Soviet Union country to be one of the frontrunners in terms of e-citizenship, there is still a lot of work to be. But one thing’s for....
Related News
Some things in life money can't buy, but for everything else there's Bitcoin. Not too long ago you could only spend your bitcoins at a few marketplaces, now you can buy houses, cars, even your citizenship to St. Kitts and a passport to go along with it. PassportsForBitcoin.com now lets you buy your citizenship to St. Kitts completely with Bitcoin and you don't even have to live there. International Investments & Consulting Limited, the company behind the site note the many benefits of having St. Kitts citizenship: Visa-free travel to 140 countries including Canada, the European Union, and....
An interesting post today by the St. Kitts-Nevis Citizenship by Investment Program with regard to some news that made its rounds on the web a couple of months ago. Just so you're up to date, that news I'm referring to suggested that bitcoin enthusiasts and users could purchase Citizenship to St. Kitts and Nevis using only bitcoin - provided you had enough. You could go several routes, which involve making significant investments. Benefits that come with citizenship to the island-nations include the following: Visa-free travel to 140 countries including Canada, the European Union, and Hong....
Photo by J. Stephen Conn. A number of countries offer investment-based citizenship, which offers nonresidents the chance to acquire citizenship in return for injecting money into the local economy. Now, under a new economic program sponsored by the local government, people can use Bitcoin to apply and pay for citizenship in a popular Caribean nation popular among tourists. Passports for Bitcoin. St. Kitts and Nevis was one the first nations to create a citizenship by investment programs, launching it in 1984. Now, the small island country is at the forefront of the next innovative....
A project to accept Bitcoins in exchange for citizenship to the tropical island nation St. Kitts & Nevis has been derailed by the local government, which is refusing to recognize the cryptocurrency as a valid form of investment and threatening to revoke the licenses of any agents who do. “The Citizenship by Investment Unit would like to assure the general public that we do not recognize Bitcoins as legal investment currency for financial transactions within our Citizenship by Investment Programme,” officials said in a statement titled ‘Warning!’ on the program’s website. “We further....
Blockchain technology may help refugees maintain legal identity and have access to relief services when they cross borders, according to Staci Warden, executive director of the Center for Financial Markets at the Milken Institute, writing in The Wall Street Journal. Refugees often have their IDs confiscated when they leave their country of origin. Without proof of citizenship, they find themselves in legal limbo. Their problems are compounded by having bank accounts confiscated when they leave their home country. After crossing borders, migrants often lack access to economic and social....