The Estonian e-Residency offers every world citizen a government-issued digital identity card which can be used to open a bank account, start a business (Estonia holds the world-record of establishing a new business in just 18 minutes) and pay (Estonian) taxes online.
Authorities expect to have up to 10 million e-Residents by 2020.
One of the most interesting benefits of this international identity is its use in financial platforms.
Thanks to the use of digital signatures and electronic voting, stakeholders in can participate in shareholders meetings and sign documents electronically.
Digital identity in Estonia simplifies voting in financial institutions