info_tfgrid/collections/partners_utilization/freezone.md
2024-03-22 18:01:45 +01:00

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OurWorld Digital FreeZone (Zanzibar)

Introduction: The OurWorld Digital FreeZone, established in Zanzibar, is a groundbreaking partnership between ThreeFold and the government of Tanzania. This initiative aims to create a free sovereign digital and economic area, fostering innovation, growth, and prosperity within the region.

Purpose: The OurWorld Digital FreeZone serves as a catalyst for economic development and technological advancement in Zanzibar and beyond. By providing a conducive environment for digital ventures to thrive, the FreeZone aims to:

  • Stimulate Economic Growth: By attracting digital businesses and fostering entrepreneurship, the FreeZone contributes to the expansion of Zanzibar's economy and the creation of employment opportunities.
  • Promote Innovation: Through collaboration and knowledge exchange, the FreeZone encourages the development of innovative solutions and technologies that address local and global challenges.
  • Empower Entrepreneurs: By offering affordable company licenses and streamlined processes, the FreeZone empowers entrepreneurs to pursue their business ideas and transform them into successful ventures.

Audience: The OurWorld Digital FreeZone is designed to cater to a diverse audience, including:

  • Entrepreneurs: Individuals with innovative ideas seeking a supportive environment to launch and grow their digital ventures.
  • Tech Startups: Early-stage companies looking for resources and opportunities to accelerate their growth and scale their operations.
  • Investors: Venture capitalists and angel investors interested in supporting promising startups and contributing to the development of the digital ecosystem.
  • Government Agencies: Authorities responsible for economic development and regulatory oversight, collaborating to create an enabling environment for digital innovation and investment.

Key Features:

  1. Automated Onboarding Process: OurWorld Digital FreeZone offers an automated onboarding process that ensures compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations, streamlining the setup of digital ventures with ease and efficiency.

  2. Banking & Web3 Compatibility: Seamlessly manage both fiat and digital currencies with comprehensive banking solutions compatible with Web3 technologies, facilitating frictionless transactions and financial operations.

  3. Built-in Legal & Tax Settlement: Experience hassle-free business operations with built-in legal and tax settlement services, simplifying legal obligations and ensuring compliance with regulatory requirements.

  4. Affordable & Flexible Company Licenses: OurWorld Free Zone offers cost-effective and flexible company licenses, providing entrepreneurs with affordable options to kickstart their entrepreneurial journey and establish their ventures within the FreeZone.

  5. Sovereign Economic Jurisdiction: Empowering businesses to operate within an independent economic environment, the OurWorld FreeZone fosters growth and prosperity by offering businesses the freedom to innovate and grow without traditional regulatory constraints.

  6. Powered by Data Sovereign Tech: Your privacy, data, and security are paramount. OurWorld Digital FreeZone utilizes Quantum Safe Storage technology to safeguard digital information, ensuring data sovereignty and protection against cyber threats.

Conclusion: The OurWorld Digital FreeZone in Zanzibar represents a transformative partnership between ThreeFold and the government of Tanzania, aimed at creating a dynamic and innovative ecosystem for digital ventures. By providing a sovereign economic jurisdiction and a range of supportive services, the FreeZone empowers entrepreneurs and businesses to thrive, driving economic growth and prosperity within the region.

For more information, visit OurWorld Digital FreeZone.