Virtual Nations vs Traditional Nations
We cannot pretend that the current national systems and the way we give people the opportunity to change their nationality, is perfect. Choosing the group of people, you want to live with should be an intuitive choice that everyone can make on their own. We are witnessing a change in consciousness where belonging to a nation is so much more than a language or perhaps the color of your skin. Disruptive technologies like blockchain make it possible for us to research and develop century-old jurisdiction systems that can take us only so far!
Bitnation: the virtual nation!
With the help of the Pangea software stack, a team of visionary individuals has created a decentralized opt-in jurisdiction system where people can conduct peer-to-peer arbitration and even create fully fledged Nations. By using state of the art protocols like Secure Scuttlebutt that allows the storage of personal data offline (SSB) and the Interplanetary File System the Bitnation ecosystem has the underlying infrastructure needed to disrupt jurisdiction once and for all!
The proof of concept has been initiated in July 2014, and it currently serves tens of thousands of global Citizens that have created Decentralized Borderless Voluntary Nations (DBVN) with the help of the Pangea software. They successfully use jurisdiction systems like Blockchain ID and a public notary that serves all of their bureaucratic needs like blockchain marriage, birth certificates, heirloom contracts.
Bitnation’s system proved to be extra useful, last year when we witnessed one of the biggest refugee crisis in recent history. By issuing emergency Refugee IDs, people had a way to identify themselves in the countries they entered and significantly reducing the waiting times for the new ID created in the host countries. While the Bitnation network is based on the Ethereumblockchain to make use of the Smart Contracts feature, the Pangea software is blockchain agnostic. Thus users can choose the blockchain infrastructure of their liking!
PAT (Pangea Arbitration Token)
The ecosystem has it’s own cryptocurrency in the form of the PAT token. Based on the popular ERC20 architecture, users will be able to create all sorts of Smart Contracts related to national services or jurisdiction. Arbitration professionals and Lawyers will be able to sell their services on the platform to solve or create contracts.
Based on the quality of resolutions an AI system called LUCY will assign reputation tokens that in turn can be redeemed for PAT tokens. The fundamental metric of the Bitnation ecosystem is reputation gained through contracts, this way, game theory methods can be avoided entirely.
The platform has 42 billion issued tokens. On the 25th of March 2018, a public sale will take place, 34% of these tokens will be up for grabs! The remaining unsold tokens will be released in more steps over a period of 24 months. 18% of the total is reserved to the core contributors and owners while 14% will be allocated towards future research and development. The rest of the 34% is going to be pooled for the users on the platform to gain.
Hello @danizaharie Lately you don't read messages followers. But I'll leave a comment on this post.
After reading the site, I can say that it is really decentralized Pangea legal services market. Access to the site is done through a user-friendly interface, even for Smartphone. You can allow your sprory effectively. You can use the other functions of this service and to remain in pole position.
Bitnacija-the world's first decentralized voluntary nation without borders.
They have their own token that provides a convenient and cheap charges within the system.
Decentralized systems in the first place. This tells us that we are dealing with a reliable and profitable system. Decentralization is closely related to the block chain, which means openness and reliability. All projects that are built on modular chain-reliable and open. Payments under such projects-safe and publicly accessible.
The creation of this project is a team proffesonalov. It is those people who are eager to improve our world and fix bugs. I like their road map and what they are eager.
I recommend everyone to visit their site and learn about their road map. You'll be surprised by their ideas.
Thanks for giving information
Thanks for your contribution!
A virtual nation huh!! wondering who is governing this nation. Blockchain technology is moving so fast; newer innovations coming up every now and then. At this pace.. the whole globe will be soon going crypto. The virtual nation idea is a huge one everyone will love to jump in. A great experience which will be iconic being part of. Already efficient in helping out on a refugee crisis.. their is no doubt that a virtual nation has already started getting created. I must admit the PAT token is going to sell out massively.
takes time for promise and opportunity to cone to fruition. The increased regulatory scrutiny coming will impact markets in the short term but it will be to protect consumers and investors until we get better guidelines.
Pangea is a secure mesh network forming a distributed web, accessed through a smartphone-chat user friendly interface. Blockchain agnostic smart contract functionality powers the Pangea Jurisdiction, currently implemented with Ethereum. Pangea is a decentralized market for legal services. Create and execute peer-to-peer agreements seamlessly across the world, resolve disputes fairly and efficiently. Choose an arbitrator, or become an arbitrator in your field of expertise. On Pangea you can create your own Decentralised Borderless Voluntary Nation (DBVN). Choose your Code of Law and Decision-Making Mechanism, write a Constitution and provide Governance Services to Citizens.
The Pangea Software is a Decentralized Opt-In Jurisdiction where Citizens can conduct peer-to-peer arbitration and create Nations. Pangea uses the Panthalassa mesh, which is built using Secure Scuttlebutt (SSB) and Interplanetary File System (IPFS) protocols. This enables Pangea to be highly resilient and secure, conferring resistance to emergent threats such as highperformance quantum cryptography. Pangea is blockchain agnostic, but uses the Ethereum blockchain for the time being. In the future, other chains such as Bitcoin, EOS and Tezos can be integrated with Pangea.
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Good post
> With the help of the Pangea software stack, a team of visionary individuals has created a decentralized opt-in jurisdiction system where people can conduct peer-to-peer arbitration and even create fully fledged Nations.
> They successfully use jurisdiction systems like Blockchain ID and a public notary that serves all of their bureaucratic needs like blockchain marriage, birth certificates, heirloom contracts.
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Great article ! ;)