DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables...

19
DLT for SMEs trade facilitation Fast Track Trade Platform mechanism WTO Blockchain Workshop 27 November 2018

Transcript of DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables...

Page 1: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

DLT for SMEs trade facilitation

Fast Track Trade Platform mechanism

WTO Blockchain Workshop 27 November 2018

Page 2: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

What challenges does FTT solve for SMEs?

So many needs!

• Finding each other

• Accessing payment and ERP

systems

• Securing financing

• Transaction visibility

• Protecting key people and

business assets

2

3 key painpoints

Page 3: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

3

FTT is a platform with open APIs that:

1) Enables every SME to connect, trade and pay, domestically, and cross border,

2) Processes SME transactions previously excluded from financing,

3) Sets global standards for data safety, traceability, and transparency,

4) Creates fully digital economies.

Our Vision

Page 4: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

Kelly, Buyer Guyana

Tom, Buyer Seychelles

Sri, Seller Bangladesh

Muru, Logistic Delhi

Ann, Insurer London

Kim, Banker Singapore

Paul, Seller Nigeria

Pam, Buyer Toronto

What is FastTrackTrade?

Our users say: “The Facebook for SMEs, on blockchain”

Page 5: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

5

What is needed on the ground

A smartphone

+

data connection (3G)

+

FastTrackTrade

Page 6: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

Reinventing the user journey: simple, user centric, mobile first

7

Chat

Order /

Invoice

Pay Online

or

on mobile

Track Delivery

Get financing

Get protection

Self monitor dashboards

Identify/KYC

One single platform

for SMEs,

with functions that pop

up when you need them

Page 7: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

Log in (with identity checks) Business Profile

Users spend 5mn to describe their business profile

8

Page 8: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

9

BtoB Connect: connect and chat with any user immediately

Page 9: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

BtoB Trade: Buy/sell, invoice & pay instantaneously

10

Page 10: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

The 5 click trade!

11

Page 11: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

12

1

Chat or invite potential trade parties.

Identify trustworthy partners

Page 12: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

13

2 2

Set PO terms and share

automatically generated trade

documents with your supplier.

Manage

your purchase online

Page 13: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

14

3 Pay

easily and securely

Pay your supplier directly online using « old

payment mechanisms » like credit card, bank

transfer, cash at POS,

and secure mobile wallet.

Page 14: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

15

4

Get instant visibility on your parcels

during the delivery.

Track

delivery

Page 15: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

16

5

Get a comprehensive view of your

procurement through a dynamic

dashboard

Monitor

your purchases

Page 16: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

In 2 more clicks,

17

get your financing

Page 17: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

22

All events/data are hashed, timestamped and logged into our

distributed ledger network.

Simple, Secure, Seamless

Page 18: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

• Privacy by Design

• User decides to share or not

• Data is « Hashed »

• Value stays locally

Data protection and respect of local regulations

8AHih34cdTr56ghZE31

23

Page 19: DLT for SMEs trade facilitation - wto.org...3 FTT is a platform with open APIs that: 1) Enables every SME to connect, trade and pay, domestically, and cross border, 2) Processes SME

Kelly, Buyer Guyana

Tom, Buyer Seychelles

Sri, Seller Bangladesh

Muru, Logistic Delhi

Ann, Insurer London

Kim, Banker Singapore

Paul, Seller Nigeria

Pam, Buyer Toronto

A neutral protocole for international BtoB trade to enable

open, sustainable, multi-lateral & fully digital trade corridors