Digital Trust Chair

The Foundation for Studies and Research on International Development (FERDI) and Be-Ys are combining their efforts on the digital transformation of African economies.

FERDI, a leading European think tank on development policies, and Be-Ys, an international group which is a pioneer and expert in the protection of digital data and transactions, share the conviction that digital trust offers an opportunity for Africa to reposition itself in the global economic hierarchy.

FERDI and Be-Ys have joined forces to study, analyze, understand, and formulate recommendations to promote the digital transformation of African economies.

Digital Trust: An Opportunity for Africa

In Africa, digital growth prospects, as well as the need for investment and appropriate reforms, are important. 

By contributing to the emergence and diffusion of innovations in trade, agriculture, financial services, or transport and contributing to the modernization of public administrations (including tax administrations) the digitization of the economy is revolutionizing economic exchanges and stimulating growth, employment, and poverty reduction.

It is now generally accepted that the digital revolution could be more a revolution for developing countries, especially African countries, than for of industrialized countries. 

However, the issue is not only technological. 

Digital Trust - built on four pillars - network integrity and quality of service, privacy and data protection, protection of children, and prevention of piracy and theft - is an essential factor in the development of digital technology.

The objectives of the Digital Trust Chair

The objectives of FERDI’s Digital Trust Chair, based on digital identity, blockchain, big data, and artificial intelligence, are to propose a range of technological solutions which can be implemented to meet the needs, expectations, and economic interests of African countries.

Focused on the opportunities and new uses offered by Digital Trust, the Chair's program covers the following issues:

  • To provide mass access to essential services (education, health, etc)
  • To improve SMEs' access to markets and financing (SMEs represent 98% of businesses in Côte d'Ivoire);
  • To create direct and indirect jobs

These opportunities are linked to issues of access and financing. The areas being analyzed are: 

  • Mobile financial services for SMEs and individuals from a financial inclusion perspective 
  • Use of blockchain for SME development

Partners

  • Be-Ys

Publications
All publications

Blogs