Estonians are known for their skill and talent and their acumen for innovation - especially when it comes to ground-breaking new tech. But we bet you didn’t know these 5 tech breakthroughs were made in Estonia.
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e-Residency - The Estonian government has moved hundreds of services online, from signing documents to filing taxes. These can be performed quickly and easily with a secure, state-issued digital ID card. It may come as no surprise then, that Estonia is the first country to offer e-Residency to anyone in the world. This means prospective business owners can receive an Estonian digital identity, with which they can use government services to run a location-independent company. Notable e-Residents include German Chancellor Angela Merkel, Japanese Prime Minister Shinzo Abe and Prince Andrew, Duke of York.
Transferwise - money transfer. Named as one of "East London's 20 hottest tech startups" by The Guardian, Transferwise is an Estonian developed and UK-based money transfer service made by Kristo Käärmann and Taavet Hinrikus with headquarters in London and offices in a number of cities including Tallinn, New York and Singapore. TransferWise supports more than 300 currency routes across the world as well as providing multi-currency accounts. Transferwise has revolutionized banking and currency transfers. When banks could charge you up to 5% in hidden costs when sending money to any bank account abroad. Transferwise matches transfers with other people and then have a small commission while using the inter-bank mid exchange rate. This makes the transfer up to 8 times cheaper.
Starship Technologies' self-driving robot - Getting packages or pizza delivered by a human may soon become a thing of the past thanks to Starship Technologies' self-driving robots. The little delivery machines on wheels have already hit the streets in UK and US cities to bring orders to customers' doors. The company aims to make local deliveries faster, cheaper and more efficient.
Skeleton Technologies - high power storage devices It was Tesla founder Elon Musk who made the bold prediction that it would be ultracapacitors rather than batteries that will be the breakthrough for future technologies like electric vehicles. Skeleton is making that future happen. Skeleton Technologies started to grow in 2009 and by 2016, the company had become one of Europe’s leading ultracapacitor manufacturers. Ultracapacitors are high-power energy storage devices with more than 100 times increased power density across more than a million life-cycles, compared with the best battery technologies. Skeletons capacitors are already in use in the transport sector, like buses and heavy goods vehicles.
Skype calls Skype is used by 300 million users each month, making it perhaps the best-known export of Estonian origin in the world. In fact, 'to Skype' is recognised in some dictionaries as a verb synonymous with video chatting. The software was written in 2003 by three classmates Jaan Tallinn, Ahti Heinla and Priit Kasesalu and would go on to be acquired by Microsoft. Microsoft in Estonia is also one of the companies looking for new recruits via Career Hunt campaign.
