Topic: [2016-02-16] Bitnation Launches Virtual Nation Constitution On Ethereum (Read 366 times)

BitNation, a collaborative platform for do-it-yourself governance, has coded the world’s first, virtual nation constitution.

During a 3 hour live session in Rio de Janeiro, Bitnation:Pangea was created in 140 lines of code. The highlight of the event was codifying its ‘Liquid Holocracy’ based constitution, and its launch as the framework for the Bitnation Decentralized Borderless Voluntary Nation (DBVN) on the Ethereum blockchain.

The framework is inspired by the Decentralized Autonomous Organization (DAO), Bitnation said. The code is open source, and will be shared on GitHub for anyone to use, contribute to, or fork.

Bitnation has been using bitcoin blockchain. Explaining its reason for shifting to Ethereum, Janina Lowisz (AKA Blockchain Girl), one of Bitnation’s worldwide ambassadors, told AllCoinsNews:

“Ethereum`s smart contract capabilities better suit the needs of the coming Pangea platform, and Bitnation users will have a smoother and better user experience”.

Bitnation Pangea’ Github page describes it as the world's first blockchain powered Virtual Nation. It is a collaborative platform for Do-It-Yourself Governance, providing all services traditional governments provides. The platform relies on the ID and Reputation System (The BITNATION Passport), the Dispute Resolution System, the Public Notary and a DIY Governance (D)App Library where others can create, upload, share or sell their own Governance (D)Apps.

Additional services include marriage, wills, childcare contracts, birth certificates, land titles, corporate incorporation and equity trade, unemployment insurance, pensions, health care insurance, security, and diplomacy.

In a blog post on Medium, founder Susanne Tarkowski Tempelhof said that Pangea has been built using the technology of, and in partnership with, Horizon and The Blocknet. The platform has been built to be optimized for decentralization, and for mobile use.

Last May, Bitnation released a first alpha of Bitnation Pangea collaborative platform for DIY Governance.

http://www.econotimes.com/Bitnation-Launches-Worlds-First-Virtual-Nation-Constitution-On-Ethereum-161407