I’m now a resident of paradise! The Republic of Palau (Republic of Palau) sent me my digital citizenship.
I’m now a resident of paradise!
The Republic of Palau (Republic of Palau) sent me my digital citizenship.
This is the second country after Estonia. In Estonia, Speedy Euro OÜ was established in 2018. The company was granted digital citizenship “e-Residrncy” upon its establishment.
The concept is “Be a citizen only with brains”. Estonia, too, has gained independence from the former Soviet Union, and with the recent conflict in Ukraine, it is feeling a sense of crisis. In order to turn the small country’s weakness into a strength, it is DXing and strengthening its national power by digitizing its national data and turning foreign brains into digital citizens.
Palau has developed a “Digital Residency Program” (RNS = Root Name System) in cooperation with CrypticLabs, a blockchain development company.
President Surangel S. Whipps Jr. commented.
From the beginning of my term, what we wanted to do was to diversify the economy, to make Palau a financial center. But we discovered that for Palau to become a financial center anytime soon, it would need to “have a verifiable sovereign-backed ID.”
Jimmy Honda, Keitaro Takeda, and 240 others
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Great!
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