AfCFTA.Network Invitation
AfCFTA.Network is Part Of TradeDigitization.com
"Facilitating AfCFTA Partnerships with Web 3 "
Africa can become the world's powerhouse
The Advent of Web 3 can help with this
Web 3, the Web of value, can facilitate partnerships
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AfCFTA.Network - Using Web 3 to Facilitate relevant partnerships
Africa could become the world's powerhouse, particularly with the African Continent Free Trade Area (AfCFTA) removing trade barriers.
AfCFTA is key to implementing the Agenda 2063 goals, which include trade digitization and modern agriculture for increased productivity and production.
AfCFTA aims to eliminate trade barriers and boost intra-African trade – projected to represent a single market of 1.7 billion people and $6.7 trillion in consumer and business spending for the region by 2030.
AfCFTA.Network is part of TradeDigitization.com which works with major partners to utilizing Web 3 to provide an infrastructure for Trade Digitization.
TradeDigitization.com partners include IBM, the global Leader in Blockchain, TradeKey, the world's largest B2B Marketplace, and major providers of financial services.
TradeDigitization.com brings relevant partners on board, and provides an infrastructure for Trade Digitization. within which those relevant partners can be brought together with to work with TradeDigitization.com's existing partners to provide useful products and services facilitated by Web 3.
Here are some portals for which TradeDigitization.com will be providing the infrastructure for such partnerships which will form AfCFTA.Network
AFCFTA.Trade
Existing Partner: TradeKey
Payment Portal: AfCFTA.1
AFcFTA.Cloud
Existing Partner: IBM
Payment Portal: AfCFTA.1
ECOWAS.net
Existing Partner: TradeKey
Payment Portal: ecowas.1
Nigerian.Trade
Existing Partner: TradeKey
Payment Portal: nigeria.1
South-Africa.Trade
Existing Partner: TradeKey
Payment Portal: southafrica.1
Farms.Trade
Existing Partner: FADU
Payment Portal: agric.1
Importance Of Agriculture
Africa's agriculture and food production from can help to leverage the benefits of the AfCFTA.
The digitization of trade processes throughout the African continent will exponentially multiply the potential of AfCFTA.
A Partnership is being implemented with the Farmers Development Union (FADU), an NGO, which is a membership organization of African farmers numbering over half a million members.
The co-operation includes FADU members using the infrastructure provided for Digital Trading of Products and Inputs as well as for getting Finance.
Digitizing Farms as assets to Help with Funding
It is hard for farmers to get funding using their land as collateral, as ownership of land can be opaque and hard to easily verify. This has trapped assets and the release of capital that could be utilized by farmers by tokenizing the farms.
Tokenization can help provide access to digital asset-backed loans for farmers. An example is Cocoa.Trade which will provide a platform for the Tokenization of Cocoa Farms. The Partner on Cocoa.Trade is FADU.
Use of the Portals For Web 3 Procurement
Web 3 Procurement is Procurement that utilizes Web 3 technologies.
Web 3 Procurement is a digital B2B business process that utilizes Web 3 Technologies to centralize purchasing workflows and streamlines business transactions like procuring goods and services to reduce costs and improve purchasing processes.
The Web 3 Portals that will form AfCFTA.Network will provide tools to help replace paper-based operations by digitizing traditional procurement processes. This reduces the overall cost of procurement, and makes it more efficient.
Plugging into the TRADE GATEWAYS Network and utilizing the e-Debit Platform
TradeDigitization.com is an IBM partner programme. It provides an infrastructure for Web 3 operations. It has 2 components. The first component is the TRADE GATEWAYS network of over 300 Digital Trade Gateways. TRADE GATEWAYS co-operates with B2B Marketplaces with millions of subscribers...
TradeDigitization.com also comprises of e-Debit, which provides related Digital Wallet services for Web 3 operations. EDEBIT is the native token of the e-Debit programme.
Notable Quotes From Partners in the Parent TradeDigitization.com Programme
"Exciting Opportunity"
From TradeKey - The World's Largest B2B Marketplace
"We are looking forward to building a thriving partnership!"
From IBM - Global Leader in Blockchain , the cornerstone of Trade Digitization
GTIN Token - Part of the TradeDigitization .com Programme
The GTIN Token Programme is operated by TRADE GATEWAYS.
GTIN is the number that can be seen on the familiar barcode.
GTIN is the acronym for “Global Trade Item Number”.
A GTIN is a number that is used to identify “something” that can be purchased, sold, or put into inventory.
This includes individual items that can be purchased by a consumer as well as cases of items that could be purchased and moved within a supply chain.
A GTIN is an umbrella term used to refer to items that may need to be identified with a GTIN barcode.
The GTIN Token Programme builds on the GTIN System on which the Bar Code is built, to give products their own Unique Digital Identity for Trade Digitization.
This is the world's first-ever implementation of GTIN semantics in a Trade Digitization framework.
This development enables all brands already working with GTIN identifiers to seamlessly apply a Trade Digitization Programme.
About Web 3
With the emergence of Blockchain, new means of values exchange have developed, particularly with Tokenization and the Digitization of Trade. This can provide huge cost and time savings, and make trade more efficient.
The Internet is entering its third phase, namely Web 3 (or Web 3.0). This enables the ownership verification and transfer of digitized versions of products on blockchain networks such as the TradeDigitization.com Programme, with the e-Debit Programme being used as the payment Platform.
What is Web 3.0?
Since the 1990s, the Internet has evolved as below.
Web 1.0:
The Internet of Information - (Static Pages. No Interaction. read-only)
Web 2.0:
The Social and Transactional Internet - (read / write / share /transact /)
Web 2.0 (2004 onwards) is when the Internet became social and transactional. With Web 1.0, you could only read about a destination on the Internet on a static web page.
Web 2.0 enabled the booking of travel to that destination as part of a dynamic web page. Also you could now share content and enjoy messaging.
Web 3.0:
The Internet Of Value - (read / write / share / transact / Transfer Value)
Web 3.0 is the Internet of value, Just like companies rushed to get websites for their products in the 1990's, future businesses will need to develop digitized versions of their products. Web 3.0 is the future of the Internet..
Blockchain and Web 3
Web 3 is the Internet of value, and is facilitated by blockchain.
Because of its distributed nature, the data on a Blockchain is available at different nodes inside the network, making it much much harder to corrupt. This offers a number of benefits including:
Security – Decentralization eliminates the danger of a single point of failure. The data is not all physically in one place (e.g. a single server farm), that way, it can’t all vanish at once.
Trust – Blockchain records are unalterable and therefore automatically trustworthy. Even if you could change them in one place, the other nodes would still contain the original data.
Transparency – Blockchain records are publicly accessible from every node by anyone, if you have the right decryption key. That way, they can function as a public record of transactions and ownership.
WEB 3 INFRASTRUCTURE PROVIDED
e-Debit:
Provides a Cryptos Wallet for Web 3
Trade Microsite:
A Trade Microsite is a site containing necessary Trade Digitization applications that can act as a stand alone site for trade although it can be linked to the main corporate site if so required
Each vendor using the Trade Microsite can manage their own company information, product pages, product catalogue, and price. There is also Multi-Warehouse Management
Traditionally, Global Trade and Trade Finance is a paper-intensive industry. Trade Documents travel with their cargo from port to port. Paper Documents are also Proof of ownership and have to be transferred across the chain.
This means there is the risk of lost documents and forgeries, and the whole Process is Subject to unnecessary delays
Trade Digitization helps to address these problems. The system facilitates the verification of Documents and ownership transfer of Digitally Traded Goods.
TradeDigitization.com is an IBM partner programme. and comprises of the TRADE GATEWAYS network of over 300 Digital Trade Gateways, as well as e-Debit
e-Debit complements TRADE GATEWAYS and provides related Digital Wallet services for the TRADE GATEWAYS network and other Web 3 operations.
TradeDigitization.com is a platform that provides an infrastructure for web 3 Development, and payment for web 3 products and services.
TradeDigitization.com supports the growing Web 3 ecosystem, and helps organizations enjoy the benefits that Web 3 has to offer. Web 3 is the Internet of value, and a new networking paradigm.
TradeDigitization.com works with partners to provide Gateways to Web 3. Gateways are a critical component of how Web 3 is being enabled for users across the globe.
Current TradeDigitization. com Partnerships
Current TradeDigitization.com Partnerships include those below:
BLOCKCHAINS.BUSINESS
The Partner is IBM, the leading Blockchain company in the world
TRADE GATEWAYS
A network of over 300 Digital Trade Gateways across the Globe. The Lead Partner is TradeKey, the largest B2B Marketplace in the world.
A co-operation agreed with Paypal is yet to be implemented
Invitation To Partner
Trade Digitization is becoming increasingly important for procurement in today's world, as it helps make significant cost and time savings. It also makes the procurement process far more efficient.
However, many Organizations and Government Departments, still need to take the necessary steps to implement a Trade Digitization function.
Trade Digitization facilitates eSourcing procure-to-pay (P2P), and marketplaces. Procure-to-pay is the process of requisitioning, purchasing, receiving, paying for, and accounting for goods and services processes.
E: contact@tradegateways.com