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It’s no secret that the current national systems need an urgent change. We haven’t changed the way we govern ourselves since the ancient Greeks, mostly. That’s not to say the old methods are not valid anymore but instead they are due for an upgrade. With the global population booming every year and the demands of the current generation changing with the times we cannot pretend that the current governance system is a one size fits all deal. With the advances in technology, however, we could change the way we think about jurisdiction and usher in the new era of nations!

Bitnation: A new generation of jurisdiction!

The team over at Bitnation have created the world’s first DBVN ( Decentralized Borderless Voluntary Nation). Through the Pangea software, Bitnation currently serves thousands of DBVN Citizens with blockchain ID and Public Notary System that facilitates regular jurisdiction services like:

DBVN Constitution

Birth Certificates

Bitnation Embassies

Blockchain Marriage

Emergency Refugee ID

As you are born, you are automatically assigned to a nation or a jurisdiction without taking your needs or preferences into consideration. Changing your nationality nowadays is a bureaucratic nightmare, and frankly, not anyone can do it. Bitnation envisions a world where DBVNs compete for the Citizens to opt in with innovative services and other incentives that they want to join voluntary on! It seems like this would be the route to go to reduce the incentives for violence and social coercion.

The fuel of the network: PAT token

The Pangea Arbitration Token is going to be Bitnations’ cryptocurrency. Based on the ERC20 architecture the ecosystem will make full use of the Smart Contracts feature to implement the jurisdiction processes. To avoid game theory exploits Bitnation implemented an AI system called LUCY that will distribute tokens based on an internal reputation system rather than on purchasing power or popularity thus ensuring that the most professional individuals get the recognition they deserve. Lawyers and Arbitration professionals will be able to offer their services on the platform to solve or create parts of the Smart Contracts.

Citizens can choose where to access jurisdiction services and who they want to do business with based on the cutting edge AI generated performance metrics that can make agreements, solve disputes with anyone, anywhere without the current high costs, potential coercion or other legislative incompatibilities.

The total number of PAT tokens is 42 billion of which 34% will be sold in the ICO stages. An auction will take place on the 25th of March while the rest of the unsold tokens will be slowly released to the public over a period of 24 months.

18% is already allocated to Bitnation contributors and founders while 14% is reserved for future endeavors and bounties. The rest of the 34% will be earned directly on the platform by the Bitnation Citizens from around the world. So if you are tired of the current governmental system and want join the Nations of tomorrow head over to:

Website

Telegram

ANN Thread

BOUNTY Thread