The goal of the real-time economy (RTE) pursued by Estonian entrepreneurs and the state is to show that today’s entrepreneurs, state and citizens can save time and money by replacing paper-based business and administrative transactions with automated data exchange.
The very goal of RTE is to carry out a structural change in the business environment and relations with the state, so that business administration and management activities could occur automatically in the background and significantly reduce the administrative burden on entrepreneurs.
Watch a longer explanation: https://youtu.be/K2dEX_tGf9U
Read more: https://mkm.ee/en/objectives-activities/real-time-economy
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