Author

Topic: A Blockchain Virtual Nation (Read 152 times)

legendary
Activity: 2814
Merit: 2472
https://JetCash.com
November 20, 2018, 11:19:48 AM
#2
The European Union is aware that it is in its death throes at the moment, and its masters have been creating a variety of replacements and alternatives. One of these is e-Estonia - a virtual global nation.

https://e-estonia.com/

Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
November 20, 2018, 10:38:14 AM
#1
Summary of this Project


Would be a Virtual Machine based Cryptocurrency (Ethereum-like crypto)



The Following companies/institutions will be created on the platform as Decentraized Appication (DApps)

. A tax system.
[Every transaction on the Bockchain will be taxed by this DApp and saved on the Blockchain]

.Security system to police the entire blockchain

. A reputation based biometric system.
 [It will be totally anonymous or privacy centered]

. StableCoins

. Insurances Schemes

. Schools

. Hospitals/Healthcare companies

. Mortgage

. Sustainable Wefare schemes

. Construction companies

. Manufacturing companies

. Agric Companies

E.T.C


Some categories of  this companies must meet a specified capital requirement to operate and be registered on the bockchain, and to be strong and reliable.Example: an insurance or mortgage company will need to lock up atleast 1million dollar in the blockchain main stablecoin. The stabecoin wont be under their control.  We will encourege users to only use registered companies/institutions. We wont prevent non registered companies from operation due to the pemissionless nature of blockchain. Small companies could merge with similar ones to meet the requirement.  

Our cryptocurrency wont be allowed on certain exchanges to avoid dangerous price manipulation. It will monitor the exchanges to auto detect and block those that are involved in price manipulation .





Finally, building a floating Nation will become easy when this Cryptocurrency is competed.
The Floating Nation could easily be built from the cryptocurrency economy. It can aslo be named after the cryptocurrency. All the industries and institution on the bockchain can then begin to replicate their virtual infrastructures on the floating Nation with their data remaining on the bockchain.



Jump to: