Estonia without any doubt can be called the world’s most advanced digital nation. Their approach, directly, and indirectly help entrepreneurs unleash the potential of blockchain technology.
Blockchain companies are already benefiting from e-Residency.
We are publishing this article to the more informed public because at the moment we can see that in global media is easier and more popular write “panic” type of ways about countries that do not regulate cryptocurrencies or nations that stop or plan to stop cryptocurrency businesses.
But a nation like Estonia, which already regulates cryptocurrencies and is a bright example and are ahead in the successful implementation of crypto solutions in real-life.
Because of this, it’s important to note that nothing in this article is theoretical or abstract information based on belief in this type of technology.
Blockchain companies from around the world are already enabling their customers to access products and services through Estonian e-Residency services.
The interesting thing is that even the UN has partnered with e-Residency to help improve access to e-commerce in the developing world which makes the benefits of this program literally on the highest level on our planet.
Here is the list of the most notable real-life examples that happen till the moment of writing this article:
- Nasdaq reported that Estonia’s e-Residency stage would encourage a blockchain-based e-voting administration to permit investors of organizations listed on Nasdaq’s Tallinn Stock Exchange to vote in investor meetings.
- Bitnation reported its organization with e-Residency to present an open notary service for e-residents.
- Wallet.Services give streamlined devices to programming engineers to assemble applications utilizing Blockchain innovation. Their SICCAR platform, set up with the Scottish Government, gives cybersecure data sharing amongst residents and government.
- Oracalize has launched an e-wallet for e-residents to trade Ethereum, as well as a proof-of-character website for e-residents to link their digital IDs to an Ethereum address.
- WageCan that is Taiwan-based provides a blockchain assets wallet for web and mobile apps, which can be accessed through an e-Residency ID.
- Funderbeam utilizes blockchain to empower individuals to put resources into beginning period new companies without the extensive number of delegates that are required by conventional securities exchanges. They are attempting to incorporate the e-Residency ID for financial specialists, which would then complement other KYC choices.
- Mothership manufactures another advanced resource trade based around e-Residency and has now propelled a crowdfunding effort. They will likely “make Estonia the best place for blockchain companies.”