just upload a new ownership contract
Topic: [2016-02-18]World’s First Virtual Nation Constitution Released on Ethereum’s Blo (Read 314 times)
February 19, 2016, 04:02:27 PM
Cool,no more wars
just upload a new ownership contract
just upload a new ownership contract
February 18, 2016, 05:09:23 PM
Virtual Nation Constitution with Ethereum
There is one primary reason the BitNation team opted to code its constitution on the Ethereum blockchain over Bitcoin’s: smart contracts. A lot of progress has been made by the Ethereum developers on this front, as a smart contract is a digitized agreement between individuals giving their consent to achieve a particular goal.
Such a powerful technology complements the BitNation “governance 2.0” principle quite well. By using borderless technology in the form of smart contracts, BitNation wants to remove geographical apartheid of individual nation states. Doing so will lead to governance services that are more transparent, cheaper, and overall better for the end user.
https://news.bitcoin.com/worlds-first-virtual-nation-constitution-released-ethereums-blockchain/
There is one primary reason the BitNation team opted to code its constitution on the Ethereum blockchain over Bitcoin’s: smart contracts. A lot of progress has been made by the Ethereum developers on this front, as a smart contract is a digitized agreement between individuals giving their consent to achieve a particular goal.
Such a powerful technology complements the BitNation “governance 2.0” principle quite well. By using borderless technology in the form of smart contracts, BitNation wants to remove geographical apartheid of individual nation states. Doing so will lead to governance services that are more transparent, cheaper, and overall better for the end user.
https://news.bitcoin.com/worlds-first-virtual-nation-constitution-released-ethereums-blockchain/
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