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.

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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