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October 16th, 2015 
Awake Goy The digital residency program is the first of its kind, supposedly allowing e-citizens to more easily launch businesses in Estonia, which has a quickly growing tech scene. People from more than 118 countries have filled out more than 6,000 e-residency applications since it launched late last year, exceeding the country’s original 2015 goal by threefold.
The country, whose IRL population is around 1.3 million, previously described the e-residency as “a state-issued secure digital identity for non-residents that allows digital authentication and the digital signing of documents,” making business transactions easier for non-citizens who do business there.
Estonia said it has had several well-known names virtually join the country, including the Prime Minister of Japan
As Estonia’s e-citizens multiply, it is increasing security and privacy services for e-residents and working to ease banking laws, according to a newsletter sent out Thursday. It hosted a hackathon in September where participants developed tools including a social network for e-citizens and an automated visa application service.
Currently, Estonia laws still require e-residents to have a “face-to-face” meeting with a bank official to open account, but the country announced a video chat will replace the face-to-face meeting by autumn 2016, making it easier for entrepreneurs using the e-residency to facilitate cross-border business.
Source Article from https://www.freedomsphoenix.com/News/184959-2015-10-16-estonias-e-residency-program-is-growing-three-times-faster-than.htm?EdNo=001&From=RSS
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