Estonia will introduce Electronic citizenship

Noam Stiekema

Estonia will become the first country in the world to introduce Electronic citizenship. At the price of 50 Euro the Estonian citizens will have access to digital services in the country, as well as the ability to sign electronic documents, which will include access to services such as online banking, education and healthcare. According to […]

Estonia

EstoniaEstonia will become the first country in the world to introduce Electronic citizenship. At the price of 50 Euro the Estonian citizens will have access to digital services in the country, as well as the ability to sign electronic documents, which will include access to services such as online banking, education and healthcare. According to the laws of the European Union (EU) the electronic signatures of the “virtual” Estonian citizens will be treated equally with handwritten signatures. Using them Estonia will provide e-citizenship of natural and legal persons in the country, as well as those who want to do business, but do not want to change their place of residence.

The move is part of the so-called. “electronic initiatives” of the Estonian authorities, which are the result of collaboration between the government and the information and communication sector. The initiative aims to make Estonia one of the most progressive countries in the world. However, the Estonian government stated that e-citizenship does not guarantee the issue of the citizenship of the country. Anyone wishing to receive e-citizenship, must personally come to the Estonian Border Guard Service, which issues permits. The decision takes up to two weeks, after which the new “virtual” Estonian citizen must re-visit the border authorities to take their e-card.

This document is not an ordinary passport. It does not have a photo of the owner and microchip with integrated safety certificate and two-factor system reliability. According to the Estonian government protection “allows you to use the card using a specially installed software and reader that connects to a computer via USB”. It is expected that the authorities in Tallinn to start producing cards for e-citizenship by the end of this year.

Read this next

Fundamental Analysis, Tech and Fundamental

Global FX Market Summary: USD, FED, Middle East Tensions April 17 ,2024

The Federal Reserve walks a delicate line, addressing high inflation through a hawkish stance while avoiding stifling economic growth.

blockdag

‘Kaspa Killer’ BlockDAG Goes To The Moon With $18.5M Presale, Draws Attention from AVAX and Kaspa Investors

Discover how ‘Kaspa Killer’ BlockDAG’s $18.5M presale and 400% surge positions it as the fastest-growing crypto, amidst AVAX’s anticipated market rally and Kaspa’s performance gains.

Tech and Fundamental, Technical Analysis

Bitcoin Technical Analysis Report 19 April, 2024

Bitcoin cryptocurrency can be expected to rise further toward the next resistance level 67000.00, top of the previous minor correction ii.

Digital Assets

Crypto.com denies setback in South Korean market entry

Crypto.com has refuted reports from South Korean media that suggested a regulatory hurdle might delay its expansion in South Korea.

Digital Assets

Tether expands USDT and XAUT offerings on Telegram

Tether’s stablecoin USDT, which boasts a market cap of $108 billion, has expanded its presence onto The Open Network (TON), a blockchain closely linked to the Telegram messaging app.

Digital Assets

Embrace the New Era: USDt on TON Revolutionizes Peer-to-Peer Payments

The integration of USDt, the world’s largest stablecoin by market capitalization, onto The Open Network (TON) marks an advancement in the realm of digital finance.

Education, Inside View

Charting the Course: Expert Analysis on GBP/USD Signal

The GBP/USD is one of the highly regarded currency pairs in the world of Forex trading, known for being liquid, volatile, and having narrow spreads. Traders Union’s analysis combines the latest economic data, market news, and technical indicators, giving all the insights needed to make informed decisions about trading pounds and dollars.

Institutional FX

Iress’ QuantHouse adds BMLL’s historical order book data

“Across the industry, as sophistication levels increase, the demand for superior quality historical market data is intensifying. Market participants need easy access to global, ready-to-use data to improve their own products and strategies, gain a deeper understanding of liquidity dynamics, and generate alpha more predictably, without the burden of data engineering and infrastructure on their P&L.”

SEO

Binance Australia: Revolutionizing Cryptocurrency Trading Down Under

In 2024, Binance Australia continues to shape the cryptocurrency landscape, offering innovative trading solutions and comprehensive support for Australian traders. This article explores its services, regulatory compliance, and what makes it a top choice for crypto enthusiasts in Australia.

<