eGaaS has announced they may bring Blockchain to the Liberland Freedom Republic – a sovereign state located between Croatia and Serbia on the west bank of the Danube river. The talks took place between eGaaS CEO Oleg Strelenko and Liberland President Vít Jedlička on November 20, 2016. Jedlička announced he plans to test eGaaS as an instrument for organizing governmental managment of Liberland.
With a constitution modeled on that of the United States, Liberland has generated interest in more than 360,000 potential citizens and is, says Jedlicka, open to anyone with a “respect for private ownership” who is tolerant of other people and their beliefs regardless of race, ethnicity, orientation or religion.
“We will have a chance to establish a country if it’s mainly about love and freedom,” says Vit Jedlicka, a 31-year-old Czech politician and the founding president of Liberland.
Jedlička founded the self-declared libertarian micronation Free Republic of Liberland, a strip of unclaimed land between Croatia and Serbia on April 30, 2015. Liberland currently exists as a marshy, mosquito-plagued spit of land in the Danube River that has attracted the ire of its neighboring countries. Jedlička seeks to create an autonomous nation capable of exisiting with the minimum amount of government authority possible.
Liberland came into existence due to a border dispute between Croatia and Serbia and as it turned out this area along the west bank of the Danube river was not claimed by Croatia, Serbia or any other country – until Vít Jedlička seized the opportunity and on 13 April 2015 formed a new state in this territory – Liberland.
Liberland has their own Constitution, own money (Bitcoins) and even the motto “To live and let live”, which reflects the main ideology of country.
eGaaS is 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.
- 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.