eGaaS Begins Beta Testing of Electronic Government as a Service

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eGaaS, an international Blockchain platform  for organizing the economic, state and social activities of citizens and their communities on the basis of smart law and smart contract system, has kicked off beta testing of Electronic Government as a Service. See whitepaper here. And Manifesto here.
 
eGaaS implements four basic functions needed for efficient transfer of most types of government, legislative bodies and business activities into Blockchain technology:
  • financial system
  • registry structure
  • smart contract algorithm
  • smart law formation and execution mechanism

In eGaaS – for the first time – a mechanism is implemented for formation and execution of smart laws. Smart laws are algorithms describing the rules and conditions regulating the execution of state laws. The credibility of smart laws is confirmed by the digital signatures of representatives of legislative bodies.

Smart laws regulate the creation and execution of smart contracts. They automatically regulate the relationship between individuals and organizations in all areas of state activity – from civil registration to tax remissions. 

eGaaS is technically a Blockchain platform with the mechanism for creation and execution of smart contracts and smart laws. Therefore, even before the governments’ joining to it, it can be successfully used to create a variety of financial, business and social applications, such as payment systems, stock exchanges, insurance and credit organizations, accounting and management systems in all fields, from commerce to medicine.
 
The eGaaS platform is a handy tool for the organization of a communities’ activities. It allows to set the rules of relations between their members and conduct voting. 
 
It should be emphasized that the common international Blockchain is not a political or publicity stunt, but a technical and economic necessity. Blockchain can be a reliable and effective tool only if all the data used in preparing smart contracts, including state laws, are located in the same information space. A modern global economy requires that such space should be global in nature.
 
By combining the financial system, registry structure, smart contract and smart law mechanisms into a common Blockchain platform, eGaaS serves as an efficient tool for the government, legislative bodies, business and citizens, which can be used to manage any activity. It eliminates the need for multiple intermediaries, regulatory authorities, and document circulation.

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Founder of Blockchain News and The Hackitarians Foundation, Richard Kastelein is an award winning publisher and editor, hackathon organiser and entrepreneur. He has written over 700 articles at Blockchain News, has a massive network in the Blockchain arena and is available as a speaker and consultant. (richard@the-blockchain.com) Kastelein has spoken (keynotes & panels) on technology at events in Amsterdam, Barcelona, Belfast, Berlin, Brussels, Brighton, Copenhagen, Cannes, Cologne, Curacao, Frankfurt, Gdansk, Hollywood, Hilversum, Geneva, Groningen, London, Las Vegas, Leipzig, Madrid, Melbourne, NYC, Oxford, Rio de Janeiro, Sheffield, San Francisco, San Jose, Sydney, Tallinn, Vienna, and Zurich. A Creative Technologist & Canadian (Dutch/Irish/English/Métis) his career began in the Native Press (Canadian Arctic) and he later spent a decade in the Caribbean media. Currently, he writes occasionally for Wired Insights, Guardian & Virgin and his articles have been translated into Dutch, Greek, Polish, German & French.