E residency at future of identity

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e-Residency: the country of everybody Entering to the third phase at Future of Identity conference 01.09.2016 Kaspar Korjus

Transcript of E residency at future of identity

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e-Residency: the country of everybodyEntering to the third phase at Future of Identity conference 01.09.2016

Kaspar Korjus

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Legends of e-Estonia

weather engineers money bogs

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digital name infrastructure+

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Estonian citicenshipaccess to Estonian services

global digital identity provider

What is e-Residency?

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a new country for global citizens

TRANSPARENT EMPOWERINGLEGITIMATEINCLUSIVEDIGITAL

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Community management Digital IdentityOnboarding process

Infrastructure and APIs

Private/Public services

Business environment

Regulatory environment

Distribution channels

Partnership dealsInteroperability means

Assurance and Audit

Risks, Privacy and Compliance

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1. Incorporation and administration2. Bank account and credit card3. Online payment provider4. Automated accounting and taxes5. Legal and business guidance

LOCATION INDEPENDENT EU BUSINESS ENVIRONMENT

for Internet Entrepreneurs

Set up at home, work from anywhere

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13,000 e-residents 131 countries

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Climate

Engineers

FundingFamily

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Funding

Climate

Engineers

Family

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Funding

Climate

Engineers

Family

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Incorporation

Bank account

Credit card

Payment provider

Lending market

Crowdfunding

Funding

Climate

Engineers

Family

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Incorporation

Bank account

Credit card

Payment provider

Lending market

Crowdfunding

Funding

Climate

Engineers

Family

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Incorporation

Bank account

Credit card

Payment provider

Lending market

Crowdfunding

1. Location independence2. Financial inclusion3. Empowered people

Funding

Climate

Engineers

Family

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Country as a ServiceAPIs:

Incorporation Bank account Credit card Payment

provider Lending market Crowdfunding

Authentication Digital Signing Tax returns

Incorporation Company profile Personal profile

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BUSINESS65%

FAN30%

else5%

Phase I: Validating & FormalizingSept 2014 – March 2015

Landing page Study Law Team, Board, Budget

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Phase II: Building MVPApril 2015 – Aug 2016

Processes

Legal

Services

Partners

online application embassies automated due

diligence …

losing „link to Estonia“ online bank account visa centres …

in English bank transfers APIs to incorporate, auth, sign …

business support fintech services IT & customer support …

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Phase III: LaunchSept 2016 – ...

Advisory Board Team

Prime Minister

Council

Partnership Programme

Ambassador

ProgrammeCommunity Programme

Branding Appstore Go-to-market

Organization Visa centres Partnerships

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Earth is the country of everybody

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Consensus in digital governanceInclusion of all citicens

Policimakers part of the teamDesire to see outside the borders

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blockchain

e-governance

fintech

digital identity

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We are not here to: - Save the world without a business case- Compete with private sector- Digitize other governments

We are here to: - Share the expertise and vision- Face the challenges - Solve them together via PoCs & pilots

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1. Budget #800K€ #lost_advice2. Bureaucracy #public_tenders3. Gov as a startup #priorities4. Core technology #mID #browsers5. Local know-how #KYC #blockchain6. Long and expensive onboarding

7. Scalability #embassies8. Important partnerships9. Estonian business vs Appstore10.Appstore business case11.Unethical businesses12.Estonian banking scalability

Some challenges

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e-Residency: the country of everybodyEntering to the third phase at Future of Identity conference 01.09.2016