governments as entreperenuers

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Governments as EntrepreneursHow Governments can Become Fast and Smart by Thinking like Entrepreneurs, and the Coming Blockchain Technology that will Change Everything

Janice Lin
Which title slide do you prefer?

Does your country attract talent like

this?Elon Musk: ● SpaceX, Tesla, SolarCity,

PayPal ● 3 passports ● Immigrant entrepreneur● Originally from South

Africa

Your Country can attract global talent — by creating an entrepreneurship by investment program.

Benefits To EntrepreneurLower investment than Instant

citizenship

Typically Involves residency period

More suitable for Active Business

More Aligned with Business Goals

Benefits To CountryAs opposed to an investment, is a

longer term contribution

Tax dollars from Business stimulate economy

Better for local jobs and economy

Singapore’s EntrePass program

Special visa for immigration that allows entrepreneurs fast-track to permanent residency & citizenship.

Need IP, venture capital backing, and hire local employees to qualify.

Creme of the crop projects.

You are now compared against your competitors

one : one

REMOTE RESIDENCY

BLOCKCHAIN INCORPORATION

REMOTE RESIDENCY

Estonia Case Study

Estonia’s e-Residency allows anyone to verify themselves online with a passport.

Why not enable the same for banking, residency & incorporation?Blockchain technology

3 key points

Online, remote system is

competitive advantage

Program for entrepreneurs is great revenue producer long

term

You are in direct

competition for global

talent

REMOTE RESIDENCY

BLOCKCHAIN INCORPORATION

BLOCKCHAIN INCORPORATION

Singapore Case Study

“There are other technologies, like blockchain, which is used for bitcoin, but can also be used for many other applications. [...] And our banks must keep up to date with these developments.”

Lee Hsien Loong, Prime Minister of Singapore

Singapore is working with local entrepreneurs for blockchain incorporation

2 day

sto set up a company

Singapore

20 minute

sto pay your taxes

Low taxes

but not 0% tax

In Argentina, it takes 12 weeks to set up a

company, and 105 hours to file a tax return!

The Blockchain Incorporation

Immutable ledger

Electronic share registry

Users have independent control of a private key

Already in pilot at global banks

add the graphic about control of key here

Ownership of Shares / Private Key

No notary / apostille (but still private)

Traditional Companies

Governance Outsourced to lawyers Automatic

Signatures Physical, EchoSign Public/private key

Control of Shares Paper documents Public/private key

Adherence to Law Uncertain, legal advice needed Certain

Smart Contracts Not possible Ethereum

Auditable Time, temporary Instant, forever

Meeting Minutes Time, email, meetings Instant

Fundraising Painful KYC, expensive lawyers Easy KYC, inexpensive documents

Control of Digital Assets Not possible Inherent

Transparency & Trust Through Technology

Secure, encrypted video communication and file transfer

FATCA means no more privacy for banking.

Why not be fast & transparent & never face problems from America,

OECD etc.

Who benefits?

Governments

Registered agents

Lawyers

Corporate secretaries

Financial advisors

Private bankers

Banks

Financial institutions

Venture capitalists

Capital markets

Healthcare industry

Public markets

Why should this matter to you?

Global Trends International Pressureand increased competition

international incorporation move towards more transparent flow of information

quicker, more flexible offerings of governments and more competition for global talent

+competition amongst firms, “winner=take-all” will have the technology edge

(good place for key stats)

FACTA, TIEAs and tax information exchange agreements at government and banking level

immigration by investment move towards quicker, more flexible offerings for properly cleared persons and transparent market

Janice Lin
Not sure which section these would fall under? The next section, I'm guessing?
Edmund John
this woudl be the incorproations section, correct. Basically that privacy and transparency super important. I moved this slide.

Revolutionary technology allows for transparency, privacy and trust

Adoption of this technology means faster, quicker, more

accurate and immutable databases of information

Utilization of technology will become standard, and failure

to adopt could mean not globally competitive

Emerging markets entrepreneur specializing in immigration-by-entrepreneurship & international incorporation

Powered by proprietary technology to create freedom, efficiencies, marketplaces and trust in a borderless world

Registered agent & professional company formation intermediary

Have introduced or set up hundreds of legal entities for entrepreneurs

About me

About meHave gone through several

immigration-by-entrepreneurship programs, including EntrePass in

Singapore, and Board of Investment companies in Thailand

RingMD (Medpats Global pte. ltd.) in Singapore, REACT (continuous software co. ltd.) and Iglu (Red

Orange Co. Ltd.) in Thailand

incorporations.io LOGODEMO

Transparency / Trust Through Technology

• International incorporation and immigration by investment are extremely important global industries.

• utilization of technology will become standard (and the firms that fail to adopt will become ordinary, or extinct.)

Links to articles

Governments as Entrepreneurs (Part

I): Passports and Residency on the

Horizon Blockchain

Governments as Entrepreneurs

(Part II): Companies

house, Arbitration,

Remote Services

If you enjoyed this presentation and would like a copy of it, please feel free to download it from slideshare.

Governments as Entrepreneurs

How Governments can LeverageBlockchain and Remote Technology

for International Incorporation and Immigration

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