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Government of Estonia Building Official Cryptocurrency and Crypto Asset Market

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Government of Estonia Building Official Cryptocurrency and Crypto Asset Market

Post by Vladdirescu on Sun Dec 17, 2017 3:47 am

The Republic of Estonia aims to become the world’s leader in cryptocurrency and blockchain technology by creating an official market for “crypto capital” and assets.

The market itself will be built by a consortium, in which the Estonian government will participate. The consortium’s first goal will be to establish an agency that will operate the market.

A for-profit company called TokenEST OU will operate the market; while a nonprofit organization called TokenEST SA will oversee and regulate it. The market will operate on the TokenEST platform; which TokenEST OU will build with help from an Australian blockhain company called LaborX Pty Ltd.

“All of us at Chronobank are jazzed to be a part of a new wave of labor laws, regulations and relations,” Sergienko said. “We are thrilled that the government of Estonia shares the same philosophy when it comes to monetizing labor relations by using blockchain.”

Read more: https://coinidol.com/government-of-estonia-building-official-cryptocurrency/


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