Nations And The Test Of Time

in #blockchain6 years ago

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It’s no secret we have come a long way from tribal formations up until today with fully fledged Nations that guarantee the safety of all members via a set of mechanics that have stood the test of time.

However, we have innovated in the field of governance of jurisdiction for some time now, and with the ever-changing demands of today’s world, we are bound for a crash if we do not act on the potential risks that might affect our current way of living. With the advent of blockchain technology, we could change almost every industry or market and governance makes no exception in this case!

Bitnation and the Nations of tomorrow!

A team of ambitious visionaries has created an entirely decentralized and trustless platform where users can build Decentralized Borderless Voluntary Nations. People finally have an option when it comes to choosing a Nation they want to be part of! Once you are born, you are automatically assigned to the geographical nation you currently reside in, and if you're going to change your nationality, it usually ends in a bureaucratic nightmare.

Bitnation sees the future where people from all over the world will be able to opt-in DBVNs that attract them the most with enticing services and protections that serve their vision. By encouraging this opt-in culture, things like crowd upheaval, coercion or group violence will likely become a thing of the past.

From blockchain marriage to blockchain birth certificate

The Bitnation proof of concept ecosystem is currently successfully used by tens of thousands of DBVN citizens from around the world. They benefit from a Blockchain Notary system that can issue Blockchain ID and perform all sorts of jurisdiction based contracts like, blockchain marriage, blockchain birth certificates, emergency refugee IDs and Heirloom contracts. Currently, the main net is based on the Ethereum blockchain to make use of the Smart Contracts feature, but in the future, Bitnation will be blockchain agnostic. Thus every Citizen or Nation will be able to choose the blockchain infrastructure of their choosing.

The fuel of the ecosystem: PAT token

The Pangea Arbitration Token is going to be Bitnation’s cryptocurrency. Based on the ERC20 infrastructure users will be able to create Smart Contracts and deploy them on the Pangea network. Professional Arbitration individuals and lawyers will be able to offer their counseling services to solve or create these contracts, and in exchange, they will receive PAT tokens. With the help of LUCY an intricate AI system, reputation tokens will be assigned based on essential performance metrics to avoid game theory methods like purchasing power or popularity.

A public sale of tokens is held on the 25th of March where 34% of the tokens will be sold. The remaining unsold tokens will be released over a period of 24 months. With a total of 42 billion tokens and other fractions being allocated to core contributors, founders or future developments. If you are interested in joining the Nation Revolution go to https://bitnation.co/, Telegram, BOUNTY Thread, ANN Thread to find out more about this disruptive tech stack!

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