Presentation on "The New Internet Currency" by Sophia Bekele


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Presentation on the "New Internet Currency" at AITEC Africa,Lagos Nigeria on 20,October,2010
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Presentation on "The New Internet Currency" by Sophia Bekele

  2. 2. 1. Principles of Intenet currency2. Entrepreneurship3. The need for Africa Specific Regional Domain4. Who is DotConnectAfrica?5. How do u get involved, aside from being a consumer? - Sponsoring Member6. Governance Representation & Community7. Interested sponsors8. Who is ICANN?9. Status of “.Africa”10.Next Step for you! • Africa
  3. 3. • Africa
  4. 4. Principles of Integration- Common Market- Intra-trade- Local capacity Building (Individual/institutional)- Stable Business Environment- Sharing best practices- Identify common threats • Africa
  5. 5. A Common Vision Vision without action is a daydream. Action without vision is a nightmare. Japanese Proverb • Africa
  6. 6. What drives regional integration• will always be governments setting the policy frameworks for an open market;• allow for regional and global cooperation in order to create opportunities for private sector organizations could flourish • Africa
  7. 7. Key to speedy success• Common Vision• Entrepreneurship• Breeding of Black Swans• Continental Integration of our economies • Africa
  8. 8. Entrepreneurship = Opportunity = Accelerated DevelopmentCBS International
  9. 9. The Black SwanThe Platonic fold - the explosive boundary wherethe Platonic mindset enters in contact withmessy reality, where the gap between what youknow and what you think you know becomesdangerously wide. • Africa
  10. 10. Your Mobile African Identity Renaissance Intrepid mobicash.africaUSAID.afri gatesfoundation.afric • Africa
  11. 11. Need for Africa-specific regional domain• Currently, Internet users in the Pan-Africa and African region only have the option of utilizing a generic TLD (gTLD) whose registrants are dominated by US and European individuals and businesses, or country-code TLDs (ccTLDs) that are intended for local use• Current gTLDs also tend to focus on a vertical group (e.g. commercial entities, network providers, organizations , etc.) within the global Internet, “.Africa” will embrace a horizontal perspective with a clear brand to reach and enrich the broad global community. • Africa
  12. 12. Need for Africa-specific regional domain• Unlike ccTLDs, which provide for a local audience, “.Africa” will allow the user to express membership in the larger Pan African and African community.• “.Africa” domain will also allow Africa to take its rightful place alongside .EU, .ASIA and .LAC• Also it complies with WSIS objectives on empowering undeveloped countries using ICT, and fits as an ICT4D project.• “.Africa” complies with AU, ECA and ADB policy of development for the continent. • Africa
  13. 13. Need for Africa-specific regional domain• Generate demand-driven research relevant to practical policy issues• Facilitate cross-border knowledge sharing and research partnerships with key knowledge end-users.• Enhance regional identity and global presence • Africa
  14. 14. The DotConnecAfrica Organization• DotConnectAfrica Organization is to be the Sponsoring Organization and Registry Operator for the .Africa sponsored Top Level Domain.• The .Africa domain is to develop into a global force in the international commercial, political and cultural network.• The .Africa domain aspires to embrace this dynamism in the African Century to become a nucleus, intersection and breeding ground for Internet activity and development in the region • Africa
  15. 15. The Mission • To sponsor, establish and operate a continental Internet namespace with global recognition and regional significance, dedicated to the needs of the Pan-African and African Internet community. • To operate a viable and technically advanced TLD registry for the Pan-Africa and African community. • To reinvest partial surpluses in socio-technological advancement initiatives relevant to the Pan-Africa and African Internet community; and • Africa
  16. 16. Organizational StructureIs to be made up of different sponsor organizations: • Sponsor Members • Co-sponsor Members • Businesses • Non-profit - NGOs • Other relevant community organizations in the region • Africa
  17. 17. Organizational Structure, cont’d.Members will make up of Board of Directors• The BOD will be advised on policy matters by an Advisory Council• AC will be populated by one representative from each co-Sponsor organization.• A proceeds Steering Committee (PROSCOM) will be created and appointed by the Board to oversee the allocation of surplus proceeds from registry operations. • Africa
  18. 18. Governance Structure Key Pan Board of Directors African CO-SponsorSponsor Org members• AU Chairman’s• UNECA • Businesses Advisory y• ADB • Internet orgs Council • IT org, • Teleco • NGO, CEO • Non-profit, • Other relevant Functional VPs Africa-based Customer orgs Marketing & Admin Bus Dev Support Staff • Governments • Africa
  19. 19. Governance & Representation of Community• The governance of the .Africa Organization is to be driven thru a multistakeholder representation and augmented by regional and international expertise.• Having direct and close involvement of many Governments, Businesses , NGO’s ensures a wealth of knowledge and expertise in the operational and policy management of a TLD registry in the Pan-Africa and Africa region.• Governance model is to be adapted from the Africa’s development policy model augmented with other geo –TLD names. The .Africa Organization intends to operate openly & transparently.• Public Policy consideration will include direct input from policy makers , therefore consulting with the AU/ECA/ADB on policy matters. • Africa
  20. 20. Interested Sponsor Members & Co-Sponsors• African Union (AU)• Economic Commission for Africa (ECA)• African Development Bank (ADB)• Other Pan-African Organizations• African Private Sector Actors• African Non-Profits• African Internet Actors• National ICT Policy organs • Africa
  21. 21. The Internet Corporation for Assigned Names & Numbers (ICANN) A nonprofit organization that manages and coordinates the Domain Name System. ICANN focuses on preserving the stability of the Internet; promoting competition; achieving broad representation of global Internet communities; developing policy through bottom-up, consensus-based processes. • Africa
  22. 22. Status• Endorsed by Regional Key African organs, and governments• The African Union, ECA, ADB and 20% of African Govt as of endorsement date• The required demonstrable will of policymakers were there!.• Awaiting for ICANN to issue the application of TLDs, mid June (Expression of Interest) • Africa
  23. 23. NEXT STEPS for you!• African Banking sector is key to .Africa partnership• Reserve your names for registration!• Become Sponsor and sponsor members• Follow-us on Twitter, Facebook & our blog• Google us @ “dotConnectafrica” • Africa
  24. 24. Your African Mobile Identity Contact us at: Support@dotconnectafrica.orgThank you for your attention