“Auroracoin is the brainchild of cryptocurrency enthusiast Baldur Friggjar Odinsson, and he’ll be the one distributing pre-mined coins to the entire population of Iceland at midnight on March 25 in a countrywide ‘airdrop.’ Each Icelandic citizen—all 330,000 of them—will receive 31.8 AUC through a digital transaction. Citizens all have a national ID number available through a public database, which will be used to verify their identity.  Now he’s encouraging developers to make tools like payment software and virtual wallets for currency, and calling on all global currency exchanges to accept the new Nordic altcoin come March.”

http://motherboard.vice.com/blog/in-one-month-everyone-in-iceland-will-own-cryptocurrency

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