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---
id: our_world_free_zone
title: Our World Free Zone
description: ThreeFold is working with the Zanzibar government to create the worlds first 100% Digital Free Zone accessible and affordable for all.
template: partnerPage.html
taxonomies:
partners-category: [foundation]
tags: []
date: 2024-03-19
extra:
countries: [Global]
cities: []
rank: 1
imgPath: freezonecover2.png
image_caption: Our World Free Zone
partner_logo: freezonelogo.png
websites: https://www.sikana.tv/en
private: 0
---
<br/>
### **A Sovereign Economic Zone**
Imagine if an entrepreneur, digital nomad, or any company could obtain a digital company license, a bank account supporting both fiat and cryptocurrencies, and handle their legal requirements and taxes all within a single streamlined platform. ThreeFold is working with the Zanzibar government to do just that within the worlds first 100% Digital Free Zone accessible and affordable for all.
<br/>
The government of Zanzibar is undertaking several initiatives to shift its economy from being largely dependent on tourism to embracing the IT sector. As part of this vision they have partnered with ThreeFold to create the worlds first digital free zone.
<br/>
This collaboration was formally announced by Zanzibars President, Dr. Hussein Ali Mwinyi, at ThreeFolds Africa Regenerative Future Summit in July 2023 which brought together innovators to discuss Africas technological future. The president promised to provide the necessary policies to establish the free zone with the goal of developing local skills, bringing about major changes in the ICT sector, and creating job opportunities to increase the nations income.
<br/>
Some of the ThreeFold team is based in Zanzibar and working to make the free zone live by the end of 2024. As the worlds first digital free zone, this special economic zone will be supported by ThreeFolds innovative tech stack. Merging traditional business structures with groundbreaking technology, the free zone will be a pioneering hub for business, fostering an ecosystem that is adaptive, resilient, and conducive to growth. It will be one of the first environments where Decentralized Autonomous Organizations (DAOs) can be legally established and operated.
<br/>
ThreeFolds latest technology, which is currently being fine tuned, the Digital Twin, will also be launched as part of the Free Zone membership. The Digital Free Zone (DFZ) Digital Twin application provides a centralized interface for accessing all free zone features and users will own 100% of the data and digital capabilities. You can be among the first to embark on the OurWorld Digital Free Zone journey. Explore the Free Zone product [here](https://ourworldfreezone.github.io/info_freezone/products/products.html) and [subscribe](https://freezone.ourworld.tf/) to learn more as things develop or to participate in our exclusive presale of trade licensing.
<br/>
![our_world_free_zone](freezone.png)
<br/>
### **News Coverage**
- [The Citizen](https://www.thecitizen.co.tz/tanzania/zanzibar/zanzibar-seeks-to-become-digital-freezone--4316150)
- [Daily News Tanzania](https://dailynews.co.tz/mwinyi-commits-to-improvement-of-digital-spaces/)