In Estonia, cryptocurrencies began to be used for charity, said the president of the country, Kersti Kaljulaid during his visit to Portugal.
#blockchainforgood in Estonia
As is known, Kersti Kaljulaid describes Estonia as a digital country. Recently, the president said that she strongly supports the development of new technologies, as well as digital innovations. In addition, the President of Estonia spoke about cryptocurrency. The popularity of digital money in Estonia, she explained by the fact that several decades ago, Estonia separated from the Soviet Union. Then the country was on the verge of poverty and only the adoption of new technologies helped to restore the economy. Today, the entire population of the country is positive about everything new.
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Today, the Estonian economy has reached a good level, but you need to pay attention to experience. The government must support innovations so that the society develops. At the same time, the president did not talk about specific changes in crypto-regulation but mentioned that the blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details and crypto are now massively used for charitable collections of money "and this is wonderful!"
According to the president, more than 89% of all unofficial donations occur on blockchain-platforms. Also, in Estonia, the #blockchainforgood movement has become popular.
Kersti Kaljulaid also hinted that state bodies will also soon start using innovations.
"Governments must learn to provide public services as effectively as Amazon sells books: there is no physical presence, no costs for applications, no hours of work." – Kersti Kaljulaid.
Estonian President spoke about the era of digital money and the #blockchainforgood movement. Recall that Binance also joined the #blockchainforgood movement, and raised money to help the victims of the landslide in Abu Dhabi.
Editor: Alyona Nabok