Chile’s Contribution to an ‘Internet of Rules’ for Trade

The Internet's potential to enable micro, small and medium-sized enterprises (MSMEs) to conduct international commercial transactions has yet to be fully realised. With an emphasis on computational approaches to trade policy design and delivery, SUBREI has launched a pilot programme to contribute to an open repository of rules in a digital form: an 'Internet of Rules' (IoR).
The IoR will expand access to cross-border transactions and improve use by people and machines alike.

Innovation Summary

Innovation Overview

Small enterprises, especially micro, small and medium-sized enterprises (MSMEs) based in developing countries, continue to face substantial obstacles to their participation in trade.

In response, SUBREI and the Xalgorithms Foundation have begun collaborating in an initiative to digitalise Chile's commercial policies and those of its trading partners. Through a pilot programme, Chilean stakeholders have started to provide technical know-how and conceptual design inputs toward the publication of the first rules to a digital rule repository that will, in effect, establish an Internet of Rules. Under the model, SUBREI, on behalf of the Government of Chile, will also assist Chilean academic institutions in joining the collaboration.

Innovation Description

Innovation Development

Innovation Reflections

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Year: 2020
Level of government: National/Federal government

Status:

  • Developing Proposals - turning ideas into business cases that can be assessed and acted on
  • Implementation - making the innovation happen

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