We cannot pretend that the current national systems and the way we give people the opportunity to change their nationality, is perfect. Choosing the group of people, you want to live with should be an intuitive choice that everyone can make on their own. We are witnessing a change in consciousness where belonging to a nation is so much more than a language or perhaps the color of your skin. Disruptive technologies like blockchain make it possible for us to research and develop century-old jurisdiction systems that can take us only so far!
With the help of the Pangea software stack, a team of visionary individuals has created a decentralized opt-in jurisdiction system where people can conduct peer-to-peer arbitration and even create fully fledged Nations. By using state of the art protocols like Secure Scuttlebutt that allows the storage of personal data offline (SSB) and the Interplanetary File System the Bitnation ecosystem has the underlying infrastructure needed to disrupt jurisdiction once and for all!
The proof of concept has been initiated in July 2014, and it currently serves tens of thousands of global Citizens that have created Decentralized Borderless Voluntary Nations (DBVN) with the help of the Pangea software. They successfully use jurisdiction systems like Blockchain ID and a public notary that serves all of their bureaucratic needs like blockchain marriage, birth certificates, heirloom contracts.
Bitnation’s system proved to be extra useful, last year when we witnessed one of the biggest refugee crisis in recent history. By issuing emergency Refugee IDs, people had a way to identify themselves in the countries they entered and significantly reducing the waiting times for the new ID created in the host countries. While the Bitnation network is based on the Ethereumblockchain to make use of the Smart Contracts feature, the Pangea software is blockchain agnostic. Thus users can choose the blockchain infrastructure of their liking!
The ecosystem has it’s own cryptocurrency in the form of the PAT token. Based on the popular ERC20 architecture, users will be able to create all sorts of Smart Contracts related to national services or jurisdiction. Arbitration professionals and Lawyers will be able to sell their services on the platform to solve or create contracts.
Based on the quality of resolutions an AI system called LUCY will assign reputation tokens that in turn can be redeemed for PAT tokens. The fundamental metric of the Bitnation ecosystem is reputation gained through contracts, this way, game theory methods can be avoided entirely.
The platform has 42 billion issued tokens. On the 25th of March 2018, a public sale will take place, 34% of these tokens will be up for grabs! The remaining unsold tokens will be released in more steps over a period of 24 months. 18% of the total is reserved to the core contributors and owners while 14% will be allocated towards future research and development. The rest of the 34% is going to be pooled for the users on the platform to gain.
