http://egaas.org/ico/index.html
eGaaS has announced they may bring Blockchain to the Liberland Freedom Republic – a sovereign state located between Croatia and Serbia on the west bank of the Danube river. The talks took place between eGaaS CEO Oleg Strelenko and Liberland President Vít Jedlička on November 20, 2016. Jedlička announced he plans to test eGaaS as an instrument for organizing governmental managment of Liberland.
With a constitution modeled on that of the United States, Liberland has generated interest in more than 360,000 potential citizens and is, says Jedlicka, open to anyone with a “respect for private ownership” who is tolerant of other people and their beliefs regardless of race, ethnicity, orientation or religion.
Liberland came into existence due to a border dispute between Croatia and Serbia and as it turned out this area along the west bank of the Danube river was not claimed by Croatia, Serbia or any other country – until Vít Jedlička seized the opportunity and on 13 April 2015 formed a new state in this territory – Liberland.
Liberland has their own Constitution, own money (Bitcoins) and even the motto “To live and let live”, which reflects the main ideology of country.
eGaaS is an international Blockchain platform for organizing the economic, state and social activities of citizens and their communities on the basis of smart law and smart contract system.
It implements four basic functions needed for efficient transfer of most types of government, legislative bodies and business activities into Blockchain technology:
financial system
registry structure
smart contract algorithm
smart law formation and execution mechanism
In eGaaS – for the first time – a mechanism is implemented for formation and execution of smart laws. Smart laws are algorithms describing the rules and conditions regulating the execution of state laws. The credibility of smart laws is confirmed by the digital signatures of representatives of legislative bodies.
Jedlička founded the self-declared libertarian micronation Free Republic of Liberland, a strip of unclaimed land between Croatia and Serbia on April 30, 2015. Liberland currently exists as a marshy, mosquito-plagued spit of land in the Danube River that has attracted the ire of its neighboring countries. Jedlička seeks to create an autonomous nation capable of exisiting with the minimum amount of government authority possible.
Smart laws regulate the creation and execution of smart contracts. They automatically regulate the relationship between individuals and organizations in all areas of state activity – from civil registration to tax remissions.
eGaaS is technically a Blockchain platform with the mechanism for creation and execution of smart contracts and smart laws. Therefore, even before the governments’ joining to it, it can be successfully used to create a variety of financial, business and social applications, such as payment systems, stock exchanges, insurance and credit organizations, accounting and management systems in all fields, from commerce to medicine.
The eGaaS platform is a handy tool for the organization of a communities’ activities. It allows to set the rules of relations between their members and conduct voting.
It should be emphasized that the common international Blockchain is not a political or publicity stunt, but a technical and economic necessity. Blockchain can be a reliable and effective tool only if all the data used in preparing smart contracts, including state laws, are located in the same information space. A modern global economy requires that such space should be global in nature.
By combining the financial system, registry structure, smart contract and smart law mechanisms into a common Blockchain platform, eGaaS serves as an efficient tool for the government, legislative bodies, business and citizens, which can be used to manage any activity. It eliminates the need for multiple intermediaries, regulatory authorities, and document circulation.
http://egaas.org/ico/index.html
Official Links:
Website: http://egaas.org
Twitter: https://twitter.com/egaasproject
Facebook: https://www.facebook.com/EgaasProject
Telegram: http://telegram.me/eGaaS
Slack: https://egaas.slack.com
DmitryMarkov
Hi! I am a content-detection robot. I found similar content that readers might be interested in:
http://www.the-blockchain.com/2016/11/22/egaas-announces-shift-liberland-egaas/
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit