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  • The World’s smallest Card Reader is made in Estonia

    Posted on June 26th, 2015 Mr. Leo Siemann No comments

    Well, to be precise it is made in Taiwan now but once the idea came to designer Martin Lazarev back in 2009 it was made here indeed.  So as we heard it took only one designer who was fed up with his  card reader’s cable to come up whith something we know as the smallest smart card reader in the World today :)

    When Martin had made his very first prototype out of cardboard, he introduced his idea to Argo Männiste who also got excited about it. After few rounds of brainstorming Argo presented the product to his friend Arte Ermel. Then after few years of inventing and designwork the final product was settled and patented. As a local production cost was a little too high, the +ID team decided to find Chinese partners, which proved to be a mistake. Surely the cost came down, but so did the quality and the final result was unsatisfing. So they decided to find a new partner from Asia and found it from Taiwan , where +ID’s are made today. Meanwhile, between long development period copycat had appeared on the market…  Still, leaving beside all the difficulties +ID was launched on Jan, 3rd 2014 to claim its unique place amongst all smart card readers : )  Read the full story by Ronald Liive @ Kahvel.

    So, why is it useful?  Frankly for many reasons. As the World is becoming more digital day by day, we need to confirm our idendity with places like banks, schools, healthcare and many other. It is not a bad idea if one has no cable behind and can well fit into your wallet with ID and bank cards. The next thing you need to find is USB port on your laptop and you will be in your bank or database within a minute.

    Somehow it is all so natural for Estonia as the 1st e-nation with the breaking news on e-residency, which has started signing up his first members from December 2014.  The no 1 person to join with the programme was well known British journalist Edward Lucas , followed by many others. So, here we got it all in one for you now : The e-Residency and the smallest card reader in your pocket. *LS


  • Mate Rimac – from inventor to the Startup company

    Posted on June 11th, 2015 Mr. Leo Siemann No comments

    Inventors and startuppers are almost two different kind of people, well at least by their mindsets. In one hand so close, unyet so different in their attitude from which end to start fulfilling their dreams. But surely both are big Dreamers, persistant and hardcore achievers. Still there will be one in a million from those who can do perfectly both – invent and then commercialize their ideas. Here is the story of 5 times Guinness recordholder Mate Rimac who is doing something impossible: Making a supercar company out of Balkans and not just:

    As for me, this is a prime sample of how different could be a startupper from inventor. One inventing to fix the World and the other making business out of it. How about you? Whatever is the answer, you still have to team up with many good people to scale your business and to make your dream wild out there. Good Luck my friend !!

  • CoFounder – The First pan-European Startup Magazine

    Posted on April 23rd, 2015 Mr. Leo Siemann No comments

    Tarmo Virki & me @Garage 48

    As Europe is seeing its first massive startup boom I spoke to the man who keeps his close eye on latest developments in this sector – Tarmo Virki. Being a journalist of past 20 years at outlets like Reuters & Forbes, his focus has turned on to startups. Last summer he and a few other co-founders decided the booming sector was mature enough to face real, old-school journalism.

    They decided to try to do something crazy, something really old school – a print magazine at the time of the digital revolution. “The idea was so crazy, we just had to go ahead and try this,” says Virki, for who one of the early positive signs was the energy youngsters from Arctic Startup, largest startup blog in Scandinavia, were willing to put into developing a print publication. There are reasons for this — niche print magazines which have their audience have done well despite the scrutiny from online publishing. It might be because of the experience – browsing the iPad isn’t just quite comparable with the fine touch and smell of the gloss paper and the way we browse magazines in trains and hotel lobbies …

    * This interview has been brought to you by on Vimeo.

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  • TransferWise is just a much wiser way to transfer your money abroad

    Posted on March 22nd, 2015 Mr. Leo Siemann No comments

    It all started because of two men – Taavet Hinrikus and Kristo Käärmann. The official story tells that both men came across the same old trouble – loosing money on their transfers. But being a good friends helped as they decided to top up each others bank accounts using Reuters mid-market rate.  So, Kristo paid to Taavet the amount of his salary in pounds to London highstreet bank account and Taavet topped up Kristos account with euros in Tallinn. Doing that on monthly basis boys couldn’t stop thinking that there must be many more people like them who might need it as a service… and so the Transferwise was born. Surely there was something to do with this Skype thing where Taavet continued his work as the very first emploee. Inspirational as it was then, so became peer-to-peer useful once again. It is no secret that banks are taking off abuout 4-5% of money we sending overseas. As Kristo and Taavet figured out that there was no actual need to send money over physically they created a much smarter system to save our hard earned pennies :)  So, how it works? Just check out the next video:

    Now, if You think that You or your friend might need this groovy solution then go & check out the instructions  and click here to get your first transfer sorted. There is a fee as little as 0,5% which is about 10 times less than banks charge us. To learn more about Transferwise watch Matt Covan interview with Taavet Hinrikus @ Cass Business School. TW is now operating on 101 currency routes and has established its presence at US market just a month ago.

    * TransferWise has received investments for further development from Sir Richard Brandson, Peter Thiel, Index Ventures, IA Ventures, Seedcamp and the latest by Andreessen Horowitz in total of $91M , which values this company close to $1BN  benchmark.

  • The 1st Cyberolympic Games for students were held @ Estonian IT College

    Posted on February 16th, 2015 Mr. Leo Siemann No comments

    The word “Cyber” is increasingly important in both civil and war terms. Therefore Estonia is taking steps further in cyber security. First of all we train people for those extraordinary jobs and then we test them also :)  A great initiative has come from Estonian Information Technology College who invited students for the first Cyberolympic Games in Europe last Saturday, 14th February.

    The event was opened by Kusti Salm, rep of Estonia to NATO and by  the Chief of Cyber Range CPT Uko Valtenberg. After 8 hours intensive defending of computer systems from the Pineapplian Empire’ winners were next :

    1. Jaanus Kääp, Estonian Information Technology College, Development of IT systems

    2. Henri Ots, Estonian Information Technology College, Administration of IT systems

    3. Andres Elliku, Tallinn University of Technology, Cyberdefence


    There were 21 olympians participating in total including one lady. Event was supported by the Estonian Ministry of Defence, Tallinn University of Technology, Guardtime, ByteLife Solutions, Sisco Systems, and the cyber security company Vequrity.

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  • Viitasaari Invention Show has inspired me once again!

    Posted on October 20th, 2014 Mr. Leo Siemann No comments

    Inventor Hando Kruuv is setting up his Pendulum @Viitasaari arena night before the show …

    Inspiration is the keyword for any creative person on the planet Earth. But where to get it from ??? Surely Viitasaari Innovation & Technology show is one of those places where you can get inspired. Yes it is a little town in the middle of Finland where Winter is longer than Summer, but so what? It is all about people and it is about YOU having a chance to get inspired to see many inventors together, showing off their works. So it happened this year also as nearly 50 inventors gathered at Viitasaari Arena to inspire visitors and each other for 2 days ! Surely it is incourageing to see other out of box people’ doing their groovy stuff as it was a norm, but actually it is the progress in most cases what leads our World on and on.

    Team Estonia was at Viitasaari for the 3rd time, presenting: Chop-e  the electric minibike, well designed and assembled by estonians. Ropeye – the revolutionary technology for sailing boats to attach mastbase blocks, spinnaker sheet turning blocks, halyard terminals, footblocks and tie-downs. *Ropeye has already broken through to the Sailing World. The Greenfinger – Norwegian made indicator to alarm you about the need of watering your houseplants and  Hando Kruuv with his Pendulum from Tartu. Although we had much smaller team than last year, still there was fine estonian engineering and design on board.

    Maunu Korpela the executive director of is checking out the Chop-e

    & here is your humble reporter on the top of the 8th invention Show @ Viitasaari : )

    We had many inspireing inventors and inventions at the show but my special attention was at the oldest one of them – Hando Kruuv & his magic pendulum in vacuum chamber. The old master in age of 77 has come up with a something amusing & useful indeed which he calls: “The device for the measurement of internal and external forces to the Planet Earth”.   Well, I just call it  ”Hando Kruuv Pendulum”  On his first public interview he mentioned that mankind has gone up to the space to observe other galaxies but not taking enough interest what is within the planet Earth and what really can influence our life. There are internal & external forces of the planet, which do affect the balance and can cause the earthquakes and various troubles. There is also the Moon and other planets nearby which do influence the Earth constantly. Hando also mentioned the end of calendar of Mayas and the fact that he has registered some unknown forces to our planet at the time. Well, it all can make our scientists furious, but surely they got to prove it now if Hando is wright or wrong. As long they have no such equipment invented themselves to measure those forces, it is likely to take a decade or more before they can say anything certain about it …

    Reception by the Mayor Janne Kinnunen @Viitasaari Town Council on  Friday, 10th October.

    Acknowledging the work of inventors, Viitasaari Town Council and Mayor invited all exhibitors to the reception & dinner at the town hall on Friday night. Surely it is the class on its own, showing the respect to those who can improve our everyday life and beyond.

    My Photos of the show can be seen at Invention News FB page 

    * Newstory and Videos were also made by the local TV channel – Nopolanews :)

  • Latitude59 – The Place Where Angels & Startups Meet

    Posted on May 3rd, 2014 Mr. Leo Siemann No comments

    It looks like the Angel has been found ..

    Estonia is know as one of the best startup contries in the World today and this trend shows the growth. Most recent event - Latitude59 , held at Mektory TUT, confirmed it as well as the crowd went up from expected 300 to 600 people!

    Ain’t no surprise to see the folks here from all around the Globe, so we had it this time. The panel included business angels from Moscow to L.A. Even finns are keeping close eye on us as a poor brother’ can surprise ;) Speakers included : Vint Cerf, Martin S.Hauge, Toby Moore, Taavet Hinrikus, Christian Thaler-Wolski, Tom Henriksson, Deborah Magid, Tim Draper and some other well known entrepreneurs and business angels. At some point there was sitting about 1bn on the stage and answering to the questions of  the growd. The final pitch-contest brought up the next startups:  Mageflow, WellBiome, Bikeep, Froont and Visitret. The first prize with a 5000 eur check was taken by e-paper producer Visitret, who I belive could be our next Skype’. The show was great and so was the cake afterwards ; ) & BIG Thanx goes to the host Mektory !

    We know that our government has put more attention to innovation & Startup culture and expecting  the growth up to 15% of its annual turnover from this sector in coming years. It clearly shows the way our e-country is moving today with its tax credits to startup companies and with efficient and well admired  e-Tax Board where you can submit your tax return in just a few clicks!

    *The goal of the conference is to bring together  startup entrepreneurs, VC’s and angel investors to boost the expansion of the new smart-core businesses. Latitude59 is the official partner of  Estonian ICT Week. 

  • My Story

    Posted on February 23rd, 2014 Mr. Leo Siemann No comments

    Yeah, it will be 5 years soon from the day I launched my homepage while I was living with my lovely wife & daughter Charlotte in the UK. It all happened in a rocky seaside town called Torquay which is the heart of the English Riviera , well known by its history and nightlife. Honestly this place is full of legends from the past like Charles Darwin, Agatha Christie, Isaac Singer, I.K. Brunel, Thomas Newcomen and many others. I must admit it is the most inspirational place on the planet Earth I ever lived in my entire life.

    As many of yours, so did my parents divorce which I found hard to overcome. But life went on & so did I. After passing Oisu Primary School with flying colours I graduated Kuusalu High School in 1992 and then Tallinn Medical College in 1996 as Military Assistant Doctor. I practised in various hospitals & military field for few years before I left for the UK where I lived 12 wonderful years in total. Now, England really got me as I experienced & learned a lot in those years. I learned how to play tennis & golf, I studied sports medicine, I worked, I got married & we made a business. Also I was a keen member of local poetry club & writers club at St.Marychurch Torquay. After graduating as a Sports-Massage Therapist at South Devon College in 2001, I had a luck to work with some of the finest sportsman in the World. My massage clients included 4 World champions & 2 Olympic gold medalists. But that wasn’t my final call as yet as you might of thought …

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  • History has been Made

    Posted on December 21st, 2013 Mr. Leo Siemann No comments

    Professor & inventor Mart Min told us about his works

    The first ever Estonian Inventors Conference was held at Mektory, Tallinn University of Technology campus on Friday the 13th December 2013. Now this is a  serious stuff as within 20 years of freedom no such conference has been made! Let me ask Why? I guess reasons are obvious: Post-communist back does not encourage people to invent or to be creative individually but tells them to get a good job and obey the system instead. So this is not yet as trendy to be inventor or entrepreneur over here. The other reason is fact that the Estonian Inventors Association  which is connecting independent inventors, has been performing low core and there are no funds in place to support such kind activity. It is almost expected that if you are serious inventor you must invent the money making machine first and then all other things on the top of that ! Apparently this is not the practice of the most innovative countries in the World today. All of them have made some serious investments to their public sector first, like Japan, Switzerland or Sweden who has the oldest inventors association in the World today …

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  • Inventor’s Guestbook is opened for your entry & reading !

    Posted on December 1st, 2013 Mr. Leo Siemann No comments

    My very first guest to sign in was Dr.Arved Vain, the inventor of Myometer from the University of Tartu.

    This is my Guestbook where any inventor who is known to the public can sign in. It does not really matter where are you from or what is the colour of your skin. As long you have invented something, which has improved our life on planet Earth, You are Welcome to sign IN !  And that means, you can contact to me over Facebook or email and tell me what is your invention about. If it is smart enough, I will edit and publish your story at  “Inventor’s Guestbook” . There are no royalties at this point of time, but you will be granted with the access to my content. Plus, Your benefit is to became the guest of this exclusive book series, which I have just made available via . Simple as that. I will be waiting for your entries then! And for all our readers: The story of  Dr. Arved Vain & his Myometer was signed in today! You can by the access to my e-Book for 2.99eur only via Paypal or credit card payment. *Inventor’s Guestbook is not supported by Internet Explorer, but it is well supported by my assistant miss Digital ;)