Estonia has entered into agreement with the blockchain governance platform Bitnation to offer notary services to e-residents starting from December 1. Powered by the distributed ledger technology, Bitnation provides blockchain IDs and cryptocurrency debit cards for refugees, allowing them to receive money without the need to have a bank account.
The e-residency program will enable e-residents, regardless of their place of birth or residency, to notarize any documents, including birth certificates and business contracts, on the blockchain.
“We have made a deal with Estonia, and the ultimate goal is to gain recognition for Bitnation as a sovereign entity, thus creating a precedent for open source protocol to be considered as sovereign jurisdictions,” the founder and CEO of Bitnation, Susanne Templehof, told IBTimes.
Tempelhof is convinced that people all over the globe must have the ability to choose digital services that are best for them. “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” she added.
Kaspar Korjus, the director of the Estonian e-Residency program, commented: “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. 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.”
Templehof said that it would take just a few minutes to conclude a marriage contract on the blockchain. However, she noted it could be challenging to divorce via the platform given the immutability of the technology.
“And in many countries things like gay marriage is illegal and of course blockchain doesn’t give a s**t about that,” she also said.
The project, which is expected to reach widespread adoption, can compete with governments by delivering the same services in a more convenient and cheaper manner via the blockchain. The agreement between E-Estonia and Bitnation will let anyone to become an Estonian e-resident and leverage the benefits of the technology behind bitcoin.
Bitnation’s service is of vital importance today, since the current Syrian refugee crisis is escalating each day. According to the United Nations, the migration crisis we are facing today is the largest after the Second World War. There are millions of asylum seekers left without a home or identification, not to mention basic financial services.
In order to educate refugees on the digital currency, Bitnation projects to form workshops in refugee camps speaking on such topics as debit cards, bitcoin, encryption and Bitnation IDs.