What you need to know about BitNation

in #cryptocurrency6 years ago (edited)

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Today’s post will be talking about this project and its founder. BitNation is the initiative behind the XPAT digital currency. Currently, BitNation has made its way to the headlines, because of its fast growing nature. This community of crypto enthusiasts is headed by Susanne Tarkowski Templehof whose ideology of a world without borders has been adopted by all the citizens of BitNation, in fact it is the primary belief of BitNation community; a world that exists in self-governance.

Based on the structure of BitNation, any individual can build their own virtual nation within the blockchain space, a nation where they can dictate what is permitted and what is not permitted, a nation that allows individuals to participate in trades with other virtual nations. This project expresses a unique kind of freedom that may be of interest to both people that have had a long-lasting interest in blockchain technology and people that don't really believe in the system.

BitNation appears to be the first decentralized borderless voluntary nation to exist on the blockchain. BitNation started in the year 2014 when it sponsored the first blockchain marriage, refugee emergency ID, birth certificate, world citizenship and many more. The idea of this project is one that doesn't necessarily depend on the country's system of governance because the system is assumed to have failed in taking care of the welfare structure of countries. Thousands of BitNation citizens and different Embassies around the globe have acquired the website Proof-of-concept, and also the public Notary and the blockchain Identity. BitNation was privileged to win the UNESCO awards 2017 and has been interviewed by prominent organizations such as BBC, VICE, CNN, Bloomberg, WIRED, The Economist, and many more.
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Proof-of-concept - refers to a proof or an evidence that shows whether or not an idea, project/initiative is at all feasible. The project has to show that it is achievable to attract the attention of a third party.

ABOUT THE FOUNDER OF BITNATION - SUSANNE TARKOWSKI TEMPLEHOF

The brain behind BitNation concept of a borderless society that leverages on the potential of the blockchain system is Susanne Tarkowski Templehof. For a long-time, Susanne has been an advocate for the cryptocurrency and blockchain system, as a matter of fact she is an early adopter of Bitcoin blockchain.

In 2014, Susanne decided to create BitNation platform, a platform that was generated from the desire to live in a society of self-governance, a society that can be governed by itself without the intervention of the government. According to Susanne in a TED interview, seeing that the government system has failed to deliver, Susanne felt it would be more appropriate for individuals to govern themselves. Susanne started thinking of how to bring this to reality while working at Kabul, In Afghanistan. She observed the society and detected the negative effect of war and chaos in the structure of the society and drew an inference that the government has in no way been of help to the society.

Susanne met and got married to her husband on the blockchain by taking advantage of the smart contract performed on the Ethereum-oriented BitNation blockchain. With the assistance of other professional crypto developers, Susanne and her husband founded BitNation in 2014, afterwards they started drawing their game plan for the launch of their ICO for the XPAT token.

WHAT PROBLEM IS BITNATION SOLVING?

Susanne and her team of developers discovered that there existed a big breach between the government System and the governed; a government System that doesn't care about the welfare of the society, this act has resulted in a rigid relationship between the people and the government . They concluded that creating a platform where individuals are free to join and render help in resolving various issues can improve the society in a reasonable way. The BitNation operators in the Pangea administration offer tokens to individuals that are accumulated as proof of a healthy/good reputation, which will in turn improve the status of the token holder of BitNation blockchain. There are tokens offered to citizens of BitNation when they create and complete a contract and also solve every possible problem related to the contract brought, this reward token is non-tradable.

IN CONCLUSION

BitNation is rapidly growing and it is among the fastest growing projects within the blockchain space. The effect of the project on the wider society is quite immeasurable. The blockchain technology has been of great help in aiding the development of projects that are capable of enhancing the standard of living in the society and one of these projects is BitNation. The intention of this project is to transform how the government and legal jurisdiction operates globally. Like I stated earlier, this ecosystem is open to all individuals across the globe, there are no barriers to entry or a bad management structure, which is referred to as "holon". Interested individuals are free to join BitNation and create groups that will be involved in resolving future problems for both profit and non-profit organizations.

BitNation intends to make government services globally available. The whole idea of this blockchain project is to establish Nations by rewarding the involvement of individuals; These voluntary operators could be countries which will offer governance services within the system. In return, these independent contributors will bring in citizens that are applying for the different government amenities (services) offered on the platform. This is made possible through the PAT tokens and the Pangea software that aid in the operation of the network.

Thanks for reading, there are links below this post for further information about the project.

To read more about this project, visit the following links;
Twitter: Facebook: Steemit:Telegram:Project
Website:BITNATION Blog:
source1,source2,source3,source4

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