🔀Portability

Freedom to exit:

To prevent lock-in and jurisdictions taking advantage of perceived leverage over companies, we aim to reduce friction to exit by introducing the concept of portability. This is applicable not only for onboarding new corporations, but for migrating existing entities seamlessly into a new jurisdiction. If a government abuses its power, an entity registered in that jurisdiction will not be doomed to the same fate, and should they have demonstrated a provable history of trust via attestations, they will have the ability to undock from their current jurisdiction and re-dock to other more welcoming jurisdictions with more favorable policies and proven governance. Options for porting to another jurisdiction may be initially limited, but as more sovereign partners adopt this system, they can choose to provide safe harbor to these entities according to their original business structure and any other established requirements, enabling them to transfer safely and effectively in the future, without major disruption to the business. Governments and jurisdictions that create optimal conditions for trust and stability will inevitably attract more entities and economic activity from around the world.

Synthetic Corporations:

While the initial priority for X Corporations is to be utilized by newly registering entities, there is an opportunity to absorb a far greater number of entities by enabling existing legacy corporations to seamlessly port to the X Corporations platform from their current jurisdiction. X Corporations can act as a bridge for legacy corporations to the digital world, and lays the groundwork for a network of synthetic corporations - companies entering the platform with a verified entity from a legacy jurisdiction yet to adopt the X Corporations framework. By creating a uniform playing field for verified corporate entities (Synthetics), these entities will have the ability to build their trust profile, access services, transact with other network members, and can ultimately migrate to other jurisdictions that offer more robust support within the X Corporations network.