a type of Decentralized Borderless Voluntary Nations, government services are provided through BCTs and where laws, rules, and regulations are embedded in smart contracts. BitNation considers citizens as consumers of government services for which citizens pay with taxes. It proposes to provide the same services decentralized and voluntary without being bound to borders. Therefore, a DIY governance client built on an open Ethereum blockchain allows any citizen to operationalize an own virtual nation on a smart contract‐powered, peer‐to‐peer, and end‐to‐end encrypted platform where public ser-vices could be used based on smart contracts. Their auto-enforcement mechanism ensures that participants comply with pre-defined rules in a smart contract: A transaction is only enforced if compliance is ensured.
Proponents: Shermin Voshmgir
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| Institutional impact | automation of government service, decentralization of democracy |
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