Results, Outcomes & Impacts
Digital Trade Hub of Azerbaijan is a great example of cooperation between public and private sectors in e-commerce. The concept is very significant for creation of the single electronic and digital environment throughout the Silk Road as well as within Europe. Digital Trade Hub enables non-residents in Azerbaijan to carry out operations to open LLCs, bank accounts, hire employees, carry out export-import operations after receiving electronic signatures. It allows Digital Trade Hub to be an electronic “single window” for export, when any Azerbaijan exporter can go through all required procedures by means of a computer or any mobile device to prepare documents and processing of product exports without leaving the office. The user can access e-Trade services easily through various methods including web portals, solutions, e-services according to the different IT environments. Transactions are safe from fraud, forgery and financial incidents since Digital Trade Hub can be be accessed by authorized users only.
Challenges and Failures
The main challenge is not technological, but political. In order to succeed, all of us the companies and governments need to show join initiative to connect and start building the ecosystem of partnership and trust.
Currently we are overcoming those challenges by spreading the idea and educating the right people with the needed knowledge at international events hosted specifically to solve the global e-trade future challenges.
Conditions for Success
Laws, rules, standards and regulations need to catch up with technology.
The mutual acceptance of each other’s digital identities and e-signatures is pivotal for global electronic trade and interoperability to foster. By harmonizing and consolidating requirements for e-signatures across governments, we increase trust and traceability in e-transactions. The regulation covers standards for e-signatures, qualified digital certificates, electronic seals, timestamps and other proof of authentication mechanisms enabling e-transactions performed on paper. According to the Presidential Decree «Asan İmza» will be issued to the foreign citizens in all diplomatic representatives of Azerbaijan all around the world and in accordance with which the users registered on the portal via «Asan İmza» and taxpayers of the Republic of Azerbaijan, will be able to make and sign the contracts with their foreign business partners electronically.
Replication
This innovation is the first of its kind in the world.
Lessons Learned
We would be happy to share our experience, technology and digital infrastructure with all countries willing to test the idea out. Our experience has shown, that its better to benchmark already working solutions and to customize it according to your local needs.
Anything Else?
B.EST Solutions (established in 2008) is an e-and m-Government solutions provider, as well as the operator of the world’s fastest growing digital identity (Mobile-ID) called Asan Imza in Azerbaijan since 2013. As a company packed with international experience and best brains in the business, we combine technology and business models into coherent ecosystems for clients ranging from the business to the public sector. Our security and privacy parameters enable dynamic combinations of electronic identity federation with multiple electronic identity backbones to be provided to the same service, providing a foundation for market convergence and innovative new cross-sector partnerships.
B.EST Solutions has a deep understanding of electronic identity federations, strengthening interoperability and mutual trust, and most importantly on how to join up countries and regions not solely from our Azerbaijan or EU experience but in a global sense.
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