interoperability

  • White Paper on Universal Trusted Credentials (UTC): Transforming Access to Finance for MSMEs and Beyond

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    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. Yet, globally, MSMEs still face… Read more

  • Blueprint Paper on Digital Trade and the UNCITRAL Model Law on Electronic Transferable Records

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    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 has many deficiencies and inefficiencies.… Read more

  • Navigating the Transition from Paper BL to eBL

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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 international shipping, almost 96% of… Read more

  • Accelerating The SDGs Through Digital Public Infrastructure: A Compendium of The Potential of Digital Public Infrastructure

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    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 and enabling rules to drive… Read more

  • Recommendation of the Council on the Governance of Digital Identity

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    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 user-centred, trusted and well-governed and… Read more

  • Speeding up the Digitalisation of Trade Finance

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    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 documents produced each year in… Read more

  • Study on Digital Wallet Features

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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 a view to supporting digital… Read more

  • Cross-border Paperless Trade Toolkit

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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 way is simply to take… Read more

  • Meeting of Ministers of SPECA Participating States

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    We, the Ministers/the Head of delegations of SPECA participating States – Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan, gathered in Geneva on April 17 of 2023 on the margins of the 70th Session of the United Nations Economic Commission for Europe (UNECE) for a high-level dialogue with heads of the United Nations regional commissions, Permanent… Read more

  • Verifiable Trust: A Foundational Digital Layer Underpinning the Physical, Financial, and Information Supply Chain

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    Digital trade, or the application of digital technologies to trade and supply chain processes, is an opportunity to drive efficiency, speed, and resilience for companies, industries and countries that rely on trade for growth. The pace of technological advancement, and the falling cost of computing power and storage, now make the benefits of digitally-enabled trade… Read more