Bitnation: Decentralized Governance
Population across the globe needs some basic service which cannot be provided by private companies. The services may range from infrastructure like roads or railways to services like affordable healthcare and quality community education. As these public services need a lot of co-ordination and immense financial planning there is the need of dedicated human resource. Hence the people elect their appropriate representatives to form a government which makes sure that things work in harmony and peace. In consideration that there is no wrongdoing in the process, the governments are supposed to make things easier for us and provide us with the resources and facilities that we need to ensure our survival and well being. It seems clear that the end of the commodity continues to create pressures around the world. Growth is down, fiscal resources are tight and this affects service delivery and inclusion across the globe. At the same time, new technologies are creating forums for openness and citizen feedback that are welcome. But these, in turn, oppose as a challenge to governments' ability to respond.
Whereas Bitnation here comes with a breakthrough idea of providing all the governance services instantly and a chance to be the world citizen, without relying on any of the current superior authority, here's the time and opportunity to make things right where they went wrong in the first place.
INTRODUCTION
The Bitnation vision is to build a global scale market for governance services which are free of cost. The company looks forward to being the reason where people are given the freedom of choice when it comes to governance services. Bitnation will create an ecosystem that facilitates the smooth working of government issues with just a click of a button through people's Smartphones by providing all the governance services hassle-free.
Its open source developed framework makes it's quite resourceful with applications in
Public notary centre for marriages, birth and death certificates, wills, company and land registration, loan agreements etc. Bitnation organized the world's first Blockchain Marriage and World Citizenship ID, Blockchain Land Title, Birth Certificate and Refugee Emergency ID during 2014 and 2015.
The whole system and framework of Bitnation work on the operating system which is named as Pangea.
The operating system is efficient in solving disputes and processing governance services as it is able to provide the peer-to-peer assistance needed. This personalization can be achieved by all by simply creating an own nation, in which only decentralized jurisdiction would be practised to maintain harmony all over. In order to build this healthy ecosystem, Bitnation has created four separate protocols which when cleared would classify a person as a World Citizen.
Decentralized - It is the distinct process of redistributing and bifurcating the functions or powers of a person to a central location or authority this reduces the risk of human error in the process, each bit is cross-referenced by each and every user.
Borderless - DBVNs provide services to all areas, regardless of where it is geographically located. Some would claim that a DBVN is virtual by design. Although virtual-by-design is an intuitive assumption, a DVBN does not have to be based entirely in the virtual world and neither does its services.
Voluntary - DBVNs do not use force, fraud, or coercion, nor do they subject their citizens to involuntary servitude, peonage, debt bondage, or slavery. Due to the fact that DBVNs are voluntary in nature, they are inherently free of persecution, intimidation, reprisals, and other forms of systematic violence.
Nation - Nation is comprised of a large group of people who share a common language, culture, race and past. It is a voluntary formation rather than a governing entity.
'Bitnation has plans to launch the facility of governance services at ease for the consumers in their smart phone instantly The new Pangea 0.3 frontend is a mobile-first chat application with embedded Ethereum smart contracts.
Token Details
The company will have three non-tradable tokens, with specific functions to follow that provide the best user satisfaction. Namely—
Proof-of-Agreement (POA)
Proof-of-Collective (POC)
Proof-of-Nomic (PON)
All comprising together to form the Pangea Attribution Token (PAT) which is the master token, this would be available to collect through in-app purchases and through ethereum smart contracts. 34% of the master tokens would be allotted in exchange for citizens. A separate 34% of PAT master tokens will be sold to external stakeholders through a two-stage Token Sale Event (TSE) to generate resources for the construction of Pangea and to empower a broad stakeholder community which drives user adoption.
Conclusion
The Bitnation blockchain technology has something different to offer for in the market which has a potential of more than million members worldwide, with the help of Bitnation people are at liberty to become world citizens, and with the decentralized autonomous platform there is no risk in the business strategy and the roadmap seems to be bankable structure. With the world evolving this fast and no time to spend at government offices, Bitnation will prove a perfect fit at this time of technology.
Website: https://bitnation.co/
ANN Thread: https://bitcointalk.org/index.php?topic=2290580.new
Telegram: https://t.me/PangeaBitnation
Author: Yalsik
Profile: https://bitcointalk.org/index.php?action=profile;u=1943321