Review on Bitnation by Mehemmed Akberov
BitNation
Hi everybody. This time I try to explain what is Bitnation and what do I think about it. Its founder used blockchain technology and created a platform that provides social services.
The main aim of this platform is to aid people in governmental processes. For example they make your work easier in getting marriage certifucates or car buying contracts.
It is an access-free network for everybody.
Let's talk about how does it work. If it is supported in your country, the government officialy recognizes the platform, then all of your operations in this platform become acceptable by your government. So people can freely manage their network services. The system works on two protocols: Pangea and PAT. Pangea means this platform is decentralized. And PAT means all transactions are paying with PAT token.
In conclusion, in my opinion it is a good idea to make such that platform but I think my country will never truth it so the platform is meaningless for me.
Pros
- Fast operations
- Reliable ecosystem
- It is decentralized
Cons
- Not many countries accept the system
