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E-residency – why would you need it?

Since 2014 Estonia offers digital identities for non-residents in order to enable access to many of the same e-services that were previously only available to persons living in Estonia. Foreign entrepreneurs have often many questions when they are suggested to apply for e-residency in order to manage their company. So, what is this e-residency about?
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New rules coming up for cryptocurrency licensed businesses in Estonia

Amendments to the Money Laundering
and Terrorist Financing Prevention Act (MLTFPA) were adopted by the Estonian parliament Riigikogu on 11 December 2019. The focus of the amendments is on cryptocurrency service providers. The main purpose of the amendments is to strengthen the position of the Estonian Financial Intelligence Unit (FIU) in its authorisation and supervision procedures for cryptocurrency-related businesses.
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The use of AI in dermatology and skincare

AI is believed to have great potential in the field of dermatology and skincare. Currently, different solutions are being developed in order to personalise skincare for people. For example, algorithms can be developed, which make use of computer vision and machine learning in order to help people find the right skincare treatments for them. There are two ways how AI is used for this. First, it is possible to develop computer and mobile applications, which analyse the skin of a person based on the person’s selfie. The application analyses, what the person’s skin type is and what kind of products or treatments the person should use.
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Smart devices as lifesavers

In the midst of the development of smart devices, more and more attention is being paid to the most valuable asset of a human – our life and health. For the last two years, cars are required to have an eCall function which would call for help in case of an accident. According to the Estonian Emergency Response Centre, they have received dozens of emergency calls, one of these having been a call where help actually was sent out. Several smartwatch manufacturers are also developing functions for the watches, which would notify the user of a health problem or even call for help if needed. However, there are several aspects to these developments.
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5G utilisation in Estonia

The latest in cellular network technology – 5G – is a remarkable step forward in the development of wireless broadband and connectivity. In Estonia, 5G has mostly been in the news due to a complaint challenging the notice of competition for the frequency range, which has delayed the use of 5G. Before discussing the specific complaint, it should be clarified what 5G even is.
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