Smart Certificate
a digital certification documents to the blockchain easy to verify in a single click (fully GDPR compliant)
Inactive project This project is no longer active; its website is not linked.
Bermuda & BitFury
This project is marked as inactive in our database. Information may be outdated.
Bermuda is one of several small territories and microstates striving to leverage their nimble governments to attract blockchain and crypto businesses by creating regulatory certainty where other, larger governments have failed to deliver thus far. Liechtenstein, Malta, Gibraltar and, most recently, San Marino have joined the race alongside Bermuda, all offering proposals - and in some cases formal legislation - that promise "comprehensive blockchain legislation."
Typically such schemes entail detailed guidance on how initial coin offering (ICO) tokens will be viewed; secondary market controls; investor and consumer protections; and anti-money laundering (AML), know your customer (KYC) and counter-terrorist financing (CTF) measures.
And to date, Bermuda's strategy has proved fruitful.
Since launching a blockchain task force in conjunction with the Bermuda Business Development Agency (BDA) in late 2017, the government has passed legislation on ICOs and created a regulatory sandbox for those companies, put forth a Digital Asset Business Act and partnered with BitFury to shift the island's property deeds system to the blockchain.
Categories & tags
More in Government & Democracy
Gitcoin
a peer-to-peer funding and hiring platform for open-source projects development
Token Engineering Commons (TEC)
an initiative all about designing, modeling, and simulating tokenized ecosystems. The Token Engineering Commons seeks to be the mecca for this nascent discipline, funding and supporting projects that want to develop research, education materials, open source software, and initiatives that want to grow our collective understanding and proper usage of crypto-economic systems.
Token Engineering Commons (TEC)
an initiative about designing, modeling, and simulating tokenized ecosystems. The Token Engineering Commons seeks to be the mecca for this nascent discipline, funding and supporting projects that want to develop research, education materials, open source software, and initiatives that want to grow our collective understanding and proper usage of crypto-economic systems.
SourceCred
a tool for communities to measure and reward value creation
Electis
Safe voting title-checkmark for grassroots communities