Company

ALBeID OÜ

ALBeID OÜ is a private limited company registered in Estonia's e-Business Register. It was founded through the Estonian e-Residency programme on 6 December 2023 by its owner, Armando Vrushi.

Company facts

Name
ALBeID OÜ
Legal form
Osaühing (OÜ), Estonian private limited company
Registry code
16874333
Registry
Estonian e-Business Register
Founded
6 December 2023
Founded through
Estonian e-Residency programme
Founder and owner
Armando Vrushi, Estonian e-Resident since 10 October 2023
Declared activity
EMTAK 2025 code 63102, formerly EMTAK 2008 code 63111: data processing, data management, data mediation and related activities
Current register classification
EMTAK 60391, other content distribution activities
Business aim
Qualified Trust Service Provider under eIDAS

Field of activity

The activity declared at foundation is data processing, data management, data mediation and related activities. This class includes:

  • provision of streaming services and data processing services;
  • complete processing of data supplied by clients;
  • generation of specialised reports from data supplied by clients;
  • blockchain and distributed ledger technology data processing;
  • general time-share provision of mainframe facilities to clients;
  • digitisation of files for further processing of data;
  • provision of data entry services;
  • issuing of crypto-assets without a corresponding liability, other than by a monetary authority.

Why the register shows a different code

The Estonian e-Business Register assigns the actual classification automatically, from the company's main source of revenue. So far that revenue has come from publishing through Google AdSense, so the company currently appears under code 60391, other content distribution activities.

This is a temporary classification, not a change of purpose. The purpose is the one described on these pages, and the hope is that this period is now over.

Business aim and current status

The business aim is to become a Qualified Trust Service Provider: the status that eIDAS reserves for providers who are independently audited and supervised to offer qualified trust services, such as qualified electronic signatures.

ALBeID does not hold that status today and does not present itself as holding it. Verified compliance and formal recognition are kept apart: nothing is called qualified, certified or accredited before that status has actually been obtained.

The founder

ALBeID was founded and is owned by Armando Vrushi, who became an Estonian e-Resident on 10 October 2023 and registered the company less than two months later.

For now the work is the founder's own. The belief behind it is shared by many people around the world, and the hope is that the work will one day belong to many.

Why Estonia

Estonia offers a legal home where a digital company can be founded, run and audited entirely online, in a country that built its public administration on electronic identity.

It is also a natural place for this work. Estonia shows every day that a state can run on digital identity and that citizens can trust it. ALBeID starts from the same European framework and asks one more question: can every citizen also verify it?

One company, three domains

The same site is served in three languages from three national domains. Each domain carries one language, and the content is the same.

Join

If you share the belief that openness strengthens security, whether as a developer, cryptographer, lawyer, auditor, translator or citizen, the work is open and your scrutiny is welcome. A critical reviewer is not an opponent. An observer who verifies the same result makes it stronger.

Contact

The company's registered details, including its registered address and legal representatives, are public in its entry in the Estonian e-Business Register, under registry code 16874333.