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Cryptopolitan 2025-04-10 14:20:16

Blockchain entrepreneur Karnika E. Yashwant (KEY) elected into Liberland’s Congress

Blockchain entrepreneur Karnika E. Yashwant (KEY) elected into Liberland’s Congress

Karnika E. Yashwant, better known as Mr. KEY, has been elected into the Congress of Liberland, a microstate claiming unclaimed land between Croatia and Serbia. This places the blockchain entrepreneur inside the legislative body of what calls itself “the world’s first decentralized sovereign nation” to work alongside Prime Minister Justin Sun. The announcement comes as Liberland, which was founded on April 13, 2015, by Czech economist and politician Vit Jedlička, continues to build its identity around blockchain infrastructure, individual freedom, and voluntary governance. From the left: President Vit Jedlicka, Mr Karnika E Yashwant and Ivan Pernar, the Croatian political leader. Source: LinkedIn KEY plans to push blockchain hard at national level Mr. KEY, who became India’s youngest CEO at 16, is now tasked with helping shape Liberland’s future by advancing blockchain-based legislation, streamlining citizenship processes, and expanding the country’s presence on the global stage. He is expected to appear with President Vit Jedlička on April 23 at the Blockchain Life Forum in Moscow, where both will present their model for decentralized governance. The entrepreneur first launched his career at 14, asking “why not?” and hasn’t slowed down since. He went on to build the company KEY Difference, which has supported blockchain startups for over a decade. “Systems either liberate people or control them. Liberland represents the ultimate test of whether we can build systems that maximize freedom,” KEY said. “Most people struggle to implement blockchain in a single business process. We’re implementing it as the foundation of an entire state. That’s revolutionary.” The founding idea of Liberland was to create a country with minimal state interference and maximum individual freedom, supported by blockchain and AI instead of layers of government bureaucracy. Vít said the mission came from his frustration with over-regulation and taxation across traditional countries. “The amount of damage coming out of over-regulation and over-taxation is too intense,” he said. “I realized starting a country could be the most effective way to inspire large-scale change.” That frustration turned into a legal and technical structure. Liberland already uses blockchain to run elections, maintain registries, and manage judicial processes. President Vít said the republic has started using AI-based judges for early-stage arbitration and expects the legal system to stay years ahead of traditional courts. “Our legal system is already integrating AI-based judges for preliminary arbitration,” the president said. “The world will see this shift eventually, but we are at least three to four years ahead.” Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot

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