Blockchain technology has incredibly transformed the tech and finance space. Innovations based on blockchain technology notably decentralized finance (DeFi) has brought new dimensions to the finance space eliminating the numerous challenges experienced in traditional finance. And as several governments continue to take up the blockchain technology, their economic growth is definitely anticipated. Blockchain technology has the capability of solving challenges hindering economic development in developing countries including underdeveloped infrastructure, corruption, poor economic policies and lack of supporting technology.
In regards to governments taking up blockchain technology, the United Allied States (UAS) stands out. UAS is the first blockchain-based government platform set to become a world leader in finance and technology. The platform employs the blockchain technology to establish sovereign states in partnering nations. The sovereign states propel UAS to become the world leader in finance and technology. Read on to find out how the United Allied States is set to become a world leader in finance and technology.
United Allied States (UAS) Unraveled
The United Allied States is an independent, sovereign authority that seeks to become a world leader in technology and finance. The sovereign entity seeks to bring together partnering nations to create economic freedom across the globe by facilitating a free-market economy, protect and preserve human rights, eliminate excessive taxation and implement favourable government policies. These states would promote the value of freedom, respect for human life as well as free-market enterprise.
UAS was founded on a mission to “preserve and protect individual rights and liberties by enabling free-market activity; by protecting the sanctity of life; and by minimizing government taxation and regulation.
In the long run, the United Allied States will enable unprecedented economic growth by fostering the creation of wealth and promoting the values of individual freedoms, free enterprise and respect for human life.
By implementing laissez-faire market conditions where individuals and businesses will pay 0% corporate tax and 0% personal income, UAS will empower businesses to grow. Additionally, low regulations will foster innovation to enable UAS to become a world leader in finance and technology.
Utilizing Blockchain Technology in Economic Empowerment
UAS government structure is built on blockchain technology involving an expansion model of mutually beneficial sovereign special economic zones. These zones also referred to as sovereign states will range from 1, 000 hectares to 200, 000 hectares –approximately larger than the Vatican or twice the size of Hong Kong. UAS will develop between 12-24 sovereign states worldwide which will be interlinked using blockchain technology.
Each sovereign state will function as a critical economic zone offering the partnering nation the needed energy, infrastructure, food, jobs and other resources needed for economic development. UAS will also sign a treaty with partnering nations to allow UAS to bring onboard foreign investors, foreign companies, citizens and other players.
Apollo Fintech, The Supporting System of UAS’s Technology
UAS partnered with Apollo Fintech to provide blockchain solutions and other technology needed for economic growth. Apollo Fintech is the world leader in blockchain solutions and related technology having already implemented blockchain technology in several governments and businesses, across the globe. Some of the most outstanding blockchain solutions for governments developed by Apollo Fintech include Apollo National Currency System, Apollo Tax System, Apollo Commodity Exchange, Apollo Mineral Claims System and Apollo Government Bank Platform.
Apollo Fintech will develop and maintain advanced blockchain government systems for UAS. Apollo’s outstanding innovations and capabilities will indeed propel UAS to be the world leader in finance and technology. As such, Apollo’s custom made will ensure that the sovereign territory’s resources are managed transparently and securely minimizing wastages and enhancing usability.
Commenting on the partnership, Wessel Sevenster, Congressman of UAS stated that they were excited to employ Apollo Fintech’s innovation and technology capabilities as it would be instrumental for UAS to achieve its goal of becoming the world leader in finance and technology by efficiently maintaining free-market enterprise across all of its states and territories. “We believe Apollo’s government products are at the forefront of E-governance and payment technology, these tools will give UAS citizens and businesses an economic advantage in the global marketplace”.
Apollo Fintech’s CEO Stephen McCullah stated that the company was glad to support UAS vision of developing the world’s most financially and technologically sovereign states. He stated that the partnership would enable Apollo to showcase its full technological capabilities. “This partnership will show that innovative blockchain technologies can not only preserve individual liberty but also advance the civic and economic interests of citizens businesses in a free-market system.
Among the many technologies offered by the Apollo Fintech, UAS will specifically be utilizing Apollo’s National Currency Platform– an unhackable government platform that facilitates the sending and receiving of a Country’s national currency on an incorruptible ledger without the security, uptime and transparency challenges experienced on a centralized system. NCP solves issues such as manipulation, downtime, slow transactions, security vulnerabilities and scalability issues. The sovereign states will adopt the National Currency Platform as the central system connecting the states and citizens with the government service. The National Currency Platform will also be integrated with Apollo Fintech’s Tax System to make tax collection more efficient and transparent.
Closing Words
United Allied States (UAS) is the world’s first blockchain-based government platform set to become a world leader in finance and technology. The entity will leverage the blockchain technology to create independent, sovereign states that will spur economic development in partnering states. These states will be built on free-market principles that will lead to long term economic growth and prosperity. By partnering with the world’s leader in blockchain technology solution, Apollo Fintech, UAS is set to become the world leader in finance and technology.