International Internet Magazine. Baltic States news & analytics
Wednesday, 18.01.2017, 03:35
Legal nationality beyond national boundaries and the role of blockchain. Estonian project case study17.01.2017
Estonia, well-known by its electronic legal nationality project, is light years away from other countries in digitalization and business convenience area. Well, e-Residency project allows everyone anywhere on the planet to register a company, pay taxes and conduct document management in Estonia.
Keyword tags: Estonia, Financial Services, Forum, Innovations, Technology
The Ministry of the Interior is seeking opinions on a draft document setting out Estonia's security policy fundamentals, which designates cyberspace as another dimension of the security environment alongside land, territorial waters and airspace, reports LETA/BNS.
Latvia's mobile telecommunications operators have prepared their networks for the launch of an automatic emergency call system or the so called eCall, reports LETA.
Lithuania's authorities have taken steps to block plans for building the country's largest privately-owned data center close to Vilnius following an intelligence warning that it may be hooked up to a Russian spying center, reports LETA/BNS.
The Latvian Central Finance and Contracting Agency has sent an invitation to the Latvian National Library to prepare a project for digitalization of cultural heritage and to submit it for co-financing from the European Regional Development Fund (ERDF), the agency said LETA.
Contis Group, a leading European alternative banking and payments solutions group, is to set up a new division in Vilnius, Lithuania as part of its €1 million investment plan over the next two years, companies representative informs BC.
Macro Riga has reduced its stake in Latvian high technology company HansaMatrix, according to a statement submitted to the Nasdaq Riga stock exchange.
In two years since the peer-to-peer lending marketplace Mintos launched operations, loans worth more than EUR 100 mln have been financed through it, improving access to financing to both private individuals as well as small and medium-sized businesses in eight European countries: Bulgaria, Czech Republic, Denmark, Georgia, Estonia, Latvia, Lithuania and Poland, the company informs LETA/BNS.
Estonian ministry to set up committee for identification of startups (corrected according to the Interior Ministry information)
The Estonian Interior Ministry has drafted an order that would for the first time ever offer the definition of a startup company for the purposes of legislation and envisage the establishment of an expert committee to ascertain whether or not a business is a startup company.
Skype Technologies OU finished the financial year ending June 2016 with a revenue of 35.7 mln euros, 5.6% smaller than its revenue in the previous financial year, informs LETA/BNS.
Rietumu Bank has released an application for iPhone and iPad allowing one to use a unique service - to make transfers of funds to VISA and MasterCard cards issued by any bank worldwide.
Spyware linked to Russian intelligence agencies has been found on the computers of several Lithuanian parliamentarians, the director of the Lithuanian State Security Department confirmed to LETA/ BNS.
In March of the coming year blockchain developers and entrepreneurs will get together at Blockchain & Bitcoin Conference Tallinn to listen to the founding director of Bitcoin Foundation, fintech columnist with Forbes Magazine Jon Matonis.
In order to demonstrate the potential of digitalisation in every area of life and encourage the people of Latvia to acquire active technology and programming skills, today, on 16 December, Latvia’s first smart Christmas tree was lit at the Cabinet of Ministers. Both Prime Minister Māris Kučinskis and Juris Binde, President of Latvijas Mobilais Telefons (LMT) participated in the programming of its algorithm, PM press secretary informs BC.
The Estonian virtual reality startup Wolfprint 3D has raised more than 500,000 U.S. dollars of seed investment through its equity crowdfunding campaign on Seedinvest to strengthen its product and to expand its business in the United States, informs LETA/BNS.