The Republic of Estonia may become the first country in the world with a government-backed Initial Coin Offering (ICO) and its own crypto token – ‘Estcoin’.
Estonia is one of the leading countries in Eastern Europe that develops and welcomes FinTech innovations. Several years ago, the Estonian government launched an e-residency program that allows any person in the world to get a digital identity issued by the Estonian government and registered on the Blockchain. The project aims to build a new digital nation, powered by the Republic of Estonia. It allows e-residents to receive the advantages of authenticated online identity along with a smart ID-card issued by Estonian Police and Border Guard Board and access Estonia’s public services online, and even start and run a trusted company online.
Read the full article: https://coinidol.com/estonia-to-launch-the-worlds-first-government-ico/
So...does that mean it's REcentralized and put into the hands of a few? At least it's not a private bank, I guess.
Interesting all same. I wonder if non-physically located Estonians are welcome into their E-Nation.
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Yes they are, anyone can be an e-resident... But one would have to see if this is actually interesting according to his profile. The legetimization of cryptos by a Government and its use is a really good news.
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