Estonian e-Residency Program Launched
In October, the Estonian government invited anyone, anywhere, to become an e-citizen of the Estonian digital society, open a bank account in Estonia, or start a business. They said that, by the end of the year, anyone with an internet connection would be able to live their financial life in Estonia, all without being physically present. Also read: Become an E-Citizen of Estonian Digital Society. Yesterday those who sent a preliminary application received an email announcing the official launch of the program: "Dear future e-Resident of Estonia, We are happy to announce you that we went....
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In October, Estonia invited anyone, anywhere, to become an e-citizen of the Estonian digital society, open a bank account in Estonia, or start a business. They said that by the end of the year, anyone with an internet connection will be able to live their financial life in Estonia, all without being physically present. The Estonian e-Residency program was officially launched on December 1. Also read: Estonian e-Residency Program Launched. In a ceremony in the Estonian capital of Tallinn, Estonia's President Toomas Hendrik Ilves made British journalist Edward Lucas Estonia's first....
The Estonian e-Residency program in collaboration with BITNATION are launching a new Public Notary using Blockchain technology to e-Residents valid in ‘blockchain jurisdiction’. The World Blockchain media outlet, CoinTelegraph, investigated what is at the roots of this project. According to the announcement, starting December 1, 2015, the e-Residency program and BITNATION new public notary service will be available for Estonian e-residents, “regardless of where they live or do business, they will be able to notarize their marriages, birth certificates, business contracts, and much more on....
Rory Cellan-Jones, a BBC technology writer, recently took advantage of Estonia’s e-Residency program and became an Estonian resident. He now has a plastic card with an embedded chip that confirms his identity. The e-Residency platform is an electronic identity system that Estonian residents and those with business interests in Estonia use to access government services. The residency program is Estonia’s way to export its digital identity expertise. Program Draws 10,000 Worldwide. The program has attracted 10,000 people globally. The e-residents pay 100 Euros for many of the same benefits....
Local authorities hope that tackling the issue will restore trust in the e-residency program. The e-residency program of Estonia is now under the local regulator’s radar as foreigners registered as e-residents of the Baltic nation are being linked to cryptocurrency frauds. The local police’s Financial Intelligence Unit has discovered that overseas companies owned by e-residents of Estonia have been involved in multiple large-scale exit scams.Regulators also suspect that Estonian firms and e-residents were involved in organizing initial coin offering scams, according to the police report....
Estonian Government Partners with Bitnation to Offer Blockchain Notarization Services to e-Residents
In May, Bitcoin Magazine reported that blockchain-based Governance 2.0 initiative Bitnation is developing a collaborative platform for DIY Governance based on the blockchain. "Bitnation is a Governance 2.0 Operating System, designed to disrupt the nation-state oligopoly through offering more convenient, secure and cost-efficient governance services," said Bitnation founder and CEO Susanne Tarkowski Tempelhof. Bitnation is one of several emerging initiatives to empower connected global citizens with a growing range of options to bypass legacy governance systems based on nation states. The....