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Yes, There Is Such a Country, where Government Encourages Innovation, Blockchain and Cyber Security. Estonia

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by COINS NEWS 79 Views

Yes, There Is Such a Country, where Government Encourages Innovation, Blockchain and Cyber Security. Estonia

We keep posting news articles on what some government official said about Crypto hoping it will bring us one step closer to mass adoption. What if I tell you there is a whole nation, where digital asset business and investment is well taken care of on a government level.

https://preview.redd.it/eijgls5wz7sb1.jpg?1668&format=pjpg&auto=webp&s=0e14e73b906754ad09f988e39112452a4c049a62

Instead of limiting their citizens, Estonian authorities actually do the work behind the scenes to create a growth stimulating environment. This is how they retain and attract talent:

  • World leading expertise in strategic, technical and operational aspects of Blockchain.
  • Daily utilization of distributed systems, electronic ID and smart contracts.
  • Ability to seamlessly integrate Blockchain into everyday processes and services.
  • Proven benefits for all stakeholders from application of Blockchain technologies.
  • Estonian Blockchain solutions attract global clients, awards and funding.

Almost all Estonian citizens have a digital ID card and most of them use it to receive e-cervices or access financial services. Waiting on a queue at the bank is a scene rarely to be seen there. Entrepreneurs can establish and run their companies from all over the world, benefiting from e-government services.

They proud themselves for becoming the world’s most digitally enabled nation more than 20 years ago. Committed to IT as a country strategy they conceived X-Road (Launched in 2001), the decentralized, distributed information system on which e-Estonia runs. Their blockchain-based protection of data, e-services and devices began in 2008 and has operated at scale since 2012.

And finally, they do not simply focus on building, but are taking cyber-security seriously as well. Estonia has even become home to the NATO Cooperative Cyber Defense Centre of Excellence (NATO CCD COE) and European Agency for the operational management of large-scale IT systems (EU LISA). Ranked #1 in Europe and #5 worldwide in cyber-security. Hats down!

Source: https://investinestonia.com/business-opportunities/blockchain/

Could even Satoshi himself be an Estonian?

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