Tag Archives: BitNation

BitNation: Recent Advances in Cryptocurrency See Basic Income Tested

Johan Nygren, a basic income activist, is currently exploring if basic income can be implemented using cryptocurrency. Cryptocurrency are digital currencies whose value and number of units are regulated by encryption techniques, outside of any central banking system. A cryptocurrency-based basic income will be funded with taxes grown within a peer-to-peer (P2P) network. P2P is an architecture for building computer

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BITNATION: Basic income application set for BitNation

BitNation is a Decentralized Autonomous Organization (DAO), offering governance services of several kinds, such as law related bureaucracies, insurance and social services (education). It is based on a programming element called Blockchain, requires no human involvement and obeys to a set of incorruptible interaction rules. Every code line is open-source and even the rules are publicly auditable. Bitnation 2.0 aims

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