The Bitnation Situation!

The need for evolution in the jurisdiction and the public government sector is acute. With newer challenges that are raised in the 21st century, we cannot pretend that centuries-old formations can withstand the test of time flawlessly as a one size fits all shoe.

Frankly, we did not do anything with regards to the jurisdiction system just because it was comfortable but we cannot act like this anymore as more and more challenges and dilemmas pile up, upheaval and social discrepancies are inevitable! With the help fo disruptive technologies like Blockchain, research and advances can finally be made in this century-old sector!

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The blockchain technology has finally penetrated the field of jurisdiction through the ecosystem created by the visionary team from Bitnation. They envision a global free market for governance services where users can band together to develop Decentralized Borderless Voluntary Nations or in short a DBVN. With the help of the Scuttlebug protocol that allows storing personal data even offline and the Interplanetary File Transfer System, Bitnation launched an ecosystem that works since July 2014. It serves tens of thousands of citizens and users of the platform from everywhere.

Blockchain ID and a Public Notary service are available for jurisdiction services like blockchain marriage, birth certificate, Heir contracts and many more. During last years’ refugee crisis Bitnation provided emergency refugee ID that saved thousands of refugee lives. While the main net is based on the Ethereum blockchain, the proprietary Pangea software is blockchain agnostic allowing users to choose any platform they like.

The current world order forces it’s citizens to compete with one another for more favorable governance outcome a process that eventually leads to conflict, coercion, and violence. Giving back the sovereignty to the Citizen and assuring the fundamental rights and freedoms is the way to in the 21st Century. Bitnation creates the climate for the emergence of tomorrow’s nations that will compete for its citizens with competitive jurisdiction services and other favorable outcomes that benefit the society as a whole!

The PAT token or the fuel of a nation!

To create sustainable contracts on the platform, professional arbitrators and lawyers will have to offer their professional counseling and services to create or solve these contracts. LUCY an innovative AI system will then assign reputation tokens based on the Proof-of-Origin algorithm to avoid any game theory practices like purchasing power or bought popularity. Once attached these reputation tokens can be redeemed for PAT tokens.

The total number of available PAT tokens is 42 billion. On the 25th of March, 34% of this sum will be put up for sale. Once the sale event is over the remaining unsold tokens will be released over a period of 24 months. 18% is reserved for the core members, and creators of the ecosystem and 14% are going to be used for bug bounties and further research and development. The remaining 34% will be available on the platform for the citizens of the new world to earn.

Please check the: Website, Telegram, BOUNTY Thread and ANN Thread.