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Roadmap for the Digitalization of Multimodal Data and Documents Exchange Along the Trans-Caspian Transport Corridor, Using United Nations Legal Instruments and Standards
Recognizing the historical importance of digital technologies and noting the importance of digital transformation for enhancing the integration of landlocked developing countries in the global economy, creating new opportunities for trade and transport to reap the full benefits of green and sustainable economic development, Confirming the conclusions of the 70th… Read more
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White Paper on Universal Trusted Credentials (UTC): Transforming Access to Finance for MSMEs and Beyond
Micro, small and medium-sized enterprises (MSMEs) are the building blocks of every nation’s economy, accounting for up to 90% of businesses and 70% of employment worldwide.1 Unsurprisingly, SME development has become a key priority for many governments, as evidenced by UNDP’s extensive country-level work in that field, around the world.… Read more
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Blueprint Paper on Digital Trade and the UNCITRAL Model Law on Electronic Transferable Records
For centuries, as the backbone of the global economy, domestic and international trade, and trade finance, have driven business practices that evolved into legal norms. These have been conducted and recorded in vast numbers of paper-based documents, the exchange of which continues to be mostly done physically. This paper-based process… Read more
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You are likely reading this on a digital device. In the last week you’ve probably done your banking, communicated, and maybe even booked a flight, an Uber or a holiday — all digitally. You may even find it hard to remember when you last needed a paper document. Yet in… Read more
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Accelerating The SDGs Through Digital Public Infrastructure: A Compendium of The Potential of Digital Public Infrastructure
Digital public infrastructure is described as a set of shared digital systems that should be secure and interoperable, and can be built on open standards and specifications to deliver and provide equitable access to public and / or private services at societal scale and are governed by applicable legal frameworks… Read more
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Recommendation of the Council on the Governance of Digital Identity
The Recommendation on the Governance of Digital Identity was adopted by the OECD Council meeting at Ministerial level on 8 June 2023 on the proposal of the Public Governance Committee (PGC). The Recommendation aims to guide Adherents in their efforts to successfully establish domestic approaches to digital identity that are… Read more
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Speeding up the Digitalisation of Trade Finance
International trade between professionals is built on a complex documentary chain, yet it is far less digitalised than e-commerce. The latter enables consumers to order or exchange goods and services, cancel orders, have items delivered and pay without a single paper-based document. Less than 0.1% of the four billion new… Read more
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The focus groups were used to examine participants’ understanding, perception and current use of existing digital payment methods, and their reaction to specific digital wallet features. The selection of the features was based on insights gained from the ‘Study on New Digital Payment Methods’ (March 2022), which was undertaken with… Read more
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Using electronic documents and transactions can speed up and increase trade. Electronic messages can eliminate the need to enter data into a computer manually at each supply chain checkpoint and can provide opportunities for the potential reuse of data. There are various ways to digitize trade documents and transactions. One… Read more
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The eIDAS-regulation, which came fully into force in July 2016, provides a Europe wide mandatory legal framework for digital identities and trust services. It enables trustworthy digital transaction between public administrations, companies and citizens of the European Member States. In this context, eIDAS contains two main parts: digital identities and… Read more