Web-3.Trade 

By TradeDigitization.com

Incorporating Web-3 Trade Channels

Web-3 is the Internet of value

Web-3 Facilitates Trade Digitization 

 

 

 

About Web-3.Trade

Web-3.Trade is Part of  TradeDigitization.com, which is an IBM Partner Programme

Web-3 can greatly facilitate Trade. 
Web-3.Trade aims to provide useful Web-3 resources for Trade, and showcase a variety of Web-3  uses.
 

Web-3.Trade Channels

 Web-3.Trade helps to raise awareness of the utility of Web-3.
 
Trade Channels are operated in co-operation with our partner, TradeKey, the largest B2B Marketplace  in the world.  
 
The Web-3.Trade Channels provide access to vibrant marketplaces where Transactions can be agreed initially then facilitated by Trade Digitization and other Web-3 Services available through               Web-3.Trade
 

About Web-3

Web-3 is the Internet of value. Web-3. uses blockchains, digital currencies.  and NFTs to give power back to the users in the form of ownership. Web-1 was read-only, Web-2 is read-write-transact-share, Web-3 is read-write-transact-share-own. More about Web-3 on this page
 

Core ideas of Web-3.

-  Web-3. is decentralized
 
-  Web-3. is the Internet  of value
 
It allows trade products to be digitized and easily traded directly across the web
 
-  Web-3. has native payments: 
 
It uses digital currencies for spending and sending money online instead of relying on the outdated infrastructure of banks and payment processors.
 
Web-3. is trustless: 
 
It operates using incentives and economic mechanisms instead of relying on trusted third-parties.
 

The importance of Web-3

Providing Ownership
 
Web-3 provides ownership of digital assets in an unprecedented way.  Web-3 allows for immediate direct ownership of digitized assets through non-fungible tokens (NFTs). 
 
Providing Digital Identities
 
Web-3 allows the provision of a unique address on a Blockchain that acts as a Digital and Verifiable Digital Identity.
 
Native payments
 
Web 2' s payment infrastructure relies on banks and payment processors, making the cross border payments required for trade quite difficult. Web-3. uses tokens to send money directly in the browser.
 

Helping to address the limitations of Web-3. 

Despite the numerous benefits of Web-3. in its current form, there are still many limitations that the Web-3.Trade ecosystem can help to address which include:
 
Trade Digitization Provision Infrastructure
 
There is currently a  lack of required Trade Digitization Provision Infrastructure. TradeDigitization.com helps to provide required Trade Digitization Provision Infrastructure in a cost effective manner.
 
Accessibility
Web-3.Trade provides access to resources with low transaction and gas fees. 
 
Web-3.Trade also provides access to a wide Trade Network including the TRADE GATEWAYS Network, thereby helping with the adoption from Web-2 to make Web-3 accessible.
 
User experience
The technical barrier to entry to using Web-3 can be high. 
 
Wallets being utilized are currently very complex for many users and user interfaces tend to be very unintuitive user interfaces.
 
The e-Debit Programme operated by TradeDigitization.com, provides memorable subdomains for use as Wallet addresses and Cryptos Wallets with intuitive user interfaces. 
 
This will help with the adoption of web 3. The e-Debit Programme operated by TradeDigitization.com has 1.377 million subscribers.
 
There are around 3 million subscribers in total in sites owned by the TradeDigitization.com Network. Other users will also be offered access to the e-Debit Programme 
 
Education
Web-3. introduces new paradigms that require learning different mental models than the ones used in Web 2. 
 
Web-3 isn't difficult, but it is different.
 
Educational initiatives informing Web 2 users of these Web-3. paradigms are vital for its success.
 
As the TradeDitization.com Network of sites have over 3 million subscribers, information can be provided to them to help in the use and adoption of Web 3.
 
Gateway Requirements
The Web-3. ecosystem is young and quickly evolving. As a result, it currently depends mainly on existing centralized infrastructures, and there is a shortage of required infrastructure
 
Web-3 Gateways being provided by TradeDigitization.com in association with major partners, from Web3Gateways.com are helping to provide the required high-quality, reliable infrastructure.
 
 

 

 

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.

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

Since the 1990s, the Internet has evolved as below.

Web 1
The Internet of Information - (Static Pages. No Interaction. read-only)

Web 2

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 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

The Internet Of Value - (read / write / share / transact / Transfer Value)

Web 3 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..

The Utility of  Web-3.Trade

The journey of creating a better Web with Web-3 is just beginning. TradeDigitization.com can help with that journey in the following ways: 
 
-  Provide memorable subdomains to act as identities 
 
-  Provide a wallet from the E-Debit Programme with an intuitive interface
 
-  Provide access to Web 3 Gateways for Developers
 
-  Provide signposts to Web 3 communities for users

 

 

 

 

 

 

 

Web-3.Trade Ecosystem

Web-3.Trade is utilizing Web 3 to provide a vibrant community and ecosystem  that helps to transform the way companies conduct business in the global economy.

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.

Call To Action

As the next iteration of the Web, Web-3 will provide many benefits for users. Web-3.Trade will continue to improve the infrastructure that will help support Web-3 and provide benefits for users.
 
We call on users, developers, VARs and Ambassadors to join the Web-3.Trade Community. To make an enquiry or for more information:
 

E: contact@tradegateways.com