Pangea : Your Blockchain Jurisdiction.

One can participate in anything they want to as they are no laws limiting them or stopping them from participating. It’s a free world where people choose the way they want to live their lives and no one alters that. In Pangea jurisdiction, there won’t be any Sec laws limiting anyone from participating in any tokensale or running any smart contract as Pangea jurisdiction is Borderless. Pangea is a decentralized jurisdiction for the peer-to-peer creation of voluntary nations and making and arbitrating solemn agreements.

The Pangea frontend is built as an intuitive mobile chat application, while the backend is a mesh network which can be configured to communicate with any blockchain to create and execute smart contracts. On Pangea, users, arbitrators and smart contracts can build reputation and are rewarded for fulfilling contracts and resolving disputes with Pangea Arbitration Tokens (PAT). After 400 years of increasingly centralized governance, the web 3.0 technological revolution is making opt-in governance a real possibility. Bitnation’s DBVN is a peer alternative to territorial nation states in the same way that the Decentralized Autonomous Organization (DAO) is an alternative to conventional organisations.

Bitnation is the one powering the Pangea jurisdiction.  Bitnation is not only the world’s first DBVN, it is also the organization building the Pangea software infrastructure for Voluntary Nations. Pangea is both a jurisdiction for DBVNs, and the platform on which new DBVNs can be built and joined, and through which governance services can be accessed. DBVN Citizens voluntarily opt-in to the set of rules established in each Voluntary Nation they join using Pangea. In the case of Bitnation this requires the creation of an account on Pangea and adherence to our Constitution. Free market arbitration paves the way for humanity to reclaim personal sovereignty and return to peer-to-peer transactions. Pangea increases individual autonomy and enhances collective governance service delivery systems by leveraging existing decentralized encryption tools and technologies.

Pangea’s decentralized jurisdiction addresses all four core elements of the administration of justice:

CODES OF LAW: On Pangea, users can write smart contracts in chat which refer to an existing code of law (e.g. Common Law, Sharia Law, UNIDROIT, or Civil Code) or upload their own laws or a template smart contract containing bespoke rules to govern agreements.

MEDIATION AND ARBITRATION: Pangea manages the dispute resolution process for agreements made on the platform. Users choose human arbitrator(s) or dispute resolution DApps offering methods such as crowd juries.

INCENTIVIZATION, DETERRENT AND ENFORCEMENT: The token-driven reputation system provides incentives for contract compliance (rather than the threat of prison, for instance) and to ensure nomic evolution of smart contract rulesets (digital law). Multi-signature escrow functions can hold mutual assets related to contract agreements (money, tokenized land titles, car assets, etc) until an agreement is successfully completed.

DEFINED AREA OF RESPONSIBILITY: The Pangea Jurisdiction Application allows DBVNs and P2P agreements to be created with clearly defined limits to which the organizations and individuals their rules apply. Digital and analog are not the same with regard to rule enforcement. In digital space, everything must be quantified in order to be computable. As a result, the Pangea jurisdiction relies on reputation (automated and human scores, ratings, collaborative filtering, and digital representations of sentiment, opinion and thought) to incentivize opt-in contractual rule compliance and decide which peers, Nations, service providers and arbitrators receive a favorable rating.

The Pangea blockchain jurisdiction uses an evolutionary method of rule generation. The best set of rules in the form of smart contracts developed on Pangea will rise to the top and become recommended for continued use by Citizens based on reputation scores generated by informed users, developers and auditors. A specific PAT sub-token is created for rating smart contracts for this purpose and through the use of IPFS, an Oracle and an autonomous agent (Lucy). Pangea will be able to semi-autonomously distribute reputation to smart contracts based on performance (fitness). Through this process a body of rules (smart contracts) suited for various purposes will emerge in the Pangea jurisdiction and evolve through use to best serve Citizens’ needs.  The tokensale is on with a unique method of TGE. Head to the site for more information.

For further enquiries Website : https://bitnation.co/ ANN : https://bitcointalk.org/index.php?topic=2290580. Facebook : https://www.facebook.com/MyBitnation Twitter : https://twitter.com/MyBitNation Telegram : https://t.me/PangeaBitnation

My Bitcointalk link:https://bitcointalk.org/index.php?action=profile;u=1016770

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