Decentralised Business Solutions (DBS) Ecosystem

A globally distributed, democratic but competitive business platform to enable worldwide equitable wealth distribution by facilitating investment capital, employment and decarbonization.

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Inspiration

The key challenges that we aim to solve are: ✓ Global poverty, wealth inequalities and access to equitable employment ✓ Global access to investment capital and economically viable projects ✓ Global carbon emissions abatement and acceleration to net- zero carbon

Global Poverty, Wealth Inequalities and Access to Equitable Employment The global challenge of addressing poverty, wealth inequalities and access to equitable employment for many people continues to be a scourge on mankind. The current third-party monetary systems that allow international payment systems, such as Visa, MasterCard, and banking institutions are not available to just anyone. In fact, a vast majority of humanity does not have access to such tools, which is a major reason for poverty in the world, as they can only trade within their locality. The financially disfranchised are confined to only local trade and cannot extend their trading relationships with the world. Most professionals that are employed in permanent roles within company structures are rarely paid their worth. They simply provide services to the organisation at lower costs than the value they bring to the organisation, hence, generating value for the organisation. In addition to this, the level of engagement is usually poor because they are provided with job descriptions that cover a variety activities and tasks; most of which may not be of any interest to the employee or position holder, but they simply do them as part of their duties and role requirements. This arguably brings about misalignment between the job description, role requirements and the employee’s interests and areas of expertise. The overall result of this is less than optimum employee performance, frustration, unhappiness, and inefficient output for the employer. Basically, we argue that the traditional and current employer, employee, and corporate models are flawed, and new and disruptive models are required.

Globalisation and access to education as well as the expansion of internet services has enhanced the distribution of knowledge across the globe. This has led to increased skilled migration, mainly from developing countries to the more advanced and wealthier economies, leading to brain drain in the poor countries. Many highly skilled professionals find themselves migrating to different countries to provide their services, and in the process go through a lot of traumas due to cultural differences, removal from family and loved ones as well as incurring huge costs in the migration process. The Decentralised Business Solutions (DBS) Ecosystem seeks to address these problems with provisions for professionals to focus on their chosen areas of expertise and provide services competitively at a global scale while free to live anywhere of their choice. The DBS Ecosystem seeks to develop a global multibillion dollar Decentralised Human Resources and Services platform.

Global Access to Investment Capital and Economically Viable Projects Businesses, project owners and entrepreneurs all over the world struggle to access funding for their operations or start-ups projects. On the other hand, most financiers who seek opportunities to invest and partner in economically viable projects do not have an easily accessible system at their disposal from which to select projects, operations, or start-ups of investment interest. The Decentralised Business Solutions (DBS) Ecosystem seeks to address this problem by providing a one-stop-shop for investors and those seeking funding to meet, interact and broker their deals.

Global Carbon Emissions Abatement and Acceleration to Zero Carbon The current global climatic change ‘pandemic’ is a challenge for which the world is failing to find sustainable solutions that are suitable to everyone. The developed economies have led the climatic change fight through the development of cost-effective technologies, such as solar technologies, electric vehicles, energy storage devices and, most recently, the use of peer-to-peer energy trading platforms such at the Power Ledger. The frontier of these solutions is dominated by wealthier nations as they can afford the technology subsidies as well as provide incentives such tradeable Carbon Credits for adaptors to clean energy technologies. The lack of global cohesion and common approach to the fight against climatic change is evident in the reluctance to set hard and firm commitments by most governments. Therefore, most countries continue to use and build new industries that are not environmentally sustainable such as fossil fuel combustion heating systems. There seems to be lag in industrial adaptation of the latest clean energy technologies largely because of the relatively higher costs, and insufficient economic incentives. The Decentralised Business Solutions (DBS) Ecosystem seeks to address this challenge by providing economic incentives to participants that demonstrate measurable contributions to the reduction of carbon emissions. A special emphasis will be given to participants from underserved and energy poor regions.

What it does

The Decentralised Business Solutions (DBS) Ecosystem supports several growing applications. The initial and key classes of Platform Applications to be developed are the Global Investment Hub (GI Hub), Global Services Hub (GS Hub) and the Global Project Management Hub (GPm Hub) applications. Their main functions are as follows:

✓The Global Investment Hub (GI Hub) application is a global platform that provides a safe and secure online system which is available to government institutions, private companies, academic institutions, and individual entrepreneurs (known as Investment Project Owners (IPO)) to post their projects seeking investments and financing partnerships across the globe. The projects are viewed by potential investors and funding partners from all over the world who then competitively bid for the opportunities to secure equity in the projects in exchange for funding.

✓ The Global Services Hub (GS Hub) application is a safe and secure platform which is available worldwide for Subject Matter Experts (SME) to create and display their professional profiles online. Services Project Owners (SPO) will upload Decentralise Task Orders (DTO) on the same platform and the SMEs can bid competitively for the projects, leading to good value for money and reduced services costs for the

✓ Global Project Management Hub Application (GPm Hub) is a global platform that breakdown large and complex projects into small, discrete, and executable tasks (PmT) and then tenders them internationally for Subject Matter Experts to bid for the tasks. This ensures best value for money for the project owners. The application uses digital contracts called ‘Smart Contracts’ to manage the projects

The DBS Ecosystem (Platform) is powered by the Blockchain technology; a trustless, transparent, and interoperable software innovation for establishing digital trust between users, facilitating transactions of value over a network. This platform supports an ever-expanding suite of Distributed Human Resources and Services (DHRS) applications, with an exchangeable frictionless DHRS token, the Taskoin (TK). Taskoins (TK) will be used as the local digital currency or cryptocurrency that will be used to pay for services. The DBS Token (BizKoin) will be introduced and used as the fuel of the DBS Ecosystem with customised applications creating TasKoins (TK) in exchange for Bizkoins (BK). The BizKoins will be the global digital currency or cryptocurrency that will be purchased and sold on public cryptocurrency exchanges. The market flexibility of the DBS Ecosystem is facilitated by the deployment of a dual token Ecosystem (BizKoin and TasKoins) operating throughout two Blockchain layers. Several BizKoin tokens are issues by the Decentralised Business Solutions (DBS) Ecosystem at a predetermined US$ value per token, approximately 100Trillion tokens will be issued at US$0.001 per token. The BizKoins are issued at an extremely low price in line with the principle of inclusivity, thus allowing as many people to participate as possible. The low price ensures that the barriers to entry will be minimum; BizKoins can also be gifted using a peer-to-peer transfer function. The BizKoin token will standardised Ethereum ERC20 Bizkoin tokens that can be traded on the public cryptocurrency exchanges. However, these exchanges are independent and not operated by the DBS Ecosystem; they serve to decentralise and provide further transparency to the BizKoin tokens by giving holders of BizKoin the choice to exit or enter the DBS Ecosystem.

However, these will be issued in a staggered manner to ensure the value growth of the BisKoin (B$K) tokens is supported. The value of the Biskoin (B$K) tokens in US dollars will eventually be freely determined by the market forces and will naturally fluctuate with changes in demand when the token is traded on the open and public cryptocurrency exchange platforms globally.

The Taskoins will be redeemed using fiat currencies with individual trading platforms hosting closedloop exchanges for Distributed Human Resources and Services (DHRS) and Taskoins. Therefore, a service provider can be paid in TasKoins for the work they have done, in turn they can exchange those TasKoins for local money and buy goods and services. Alternatively, the holder of TasKoins can exchange their Taskoins for Bizkoins with the option of trading their BizKoins on the open and public cryptocurrency market. The BizKoins are traded on the public cryptocurrency market in United Stated Dollars (US$). They are also used as the currency for subscription to participate on the DBS Ecosystem applications by the public anywhere in the world. BizKoins are the currency used as economic incentives for participants that support the agenda for Acceleration to Zero Carbon, where participants will be rewarded with free BizKoins for proof of clean energy production and/ or carbon emissions reduction certificates achieved in their local regions. The holders of BizKoins can trade them for UD dollars (US$) on the public cryptocurrency market or use them to generate TasKoins which can in turn be used to exchange for the local fiat currency (real money).

How we will build it

I am currently in discussion with Blockchain developers to establish a clear scope and project roadmap for early fundraising and MVP. The project will be completed in baby-steps stages starting with the GS Hub application, followed by the GI Hub Application and then possibly the GPm Hub application. Each will be addressed separately as a standalone project with its own value proposition. We will start with the GS Hub as I believe that has a great chance of early monetisation...the first stage is to complete 1) Discovery phase with the developers ( establish an application blueprint, light/white paper and the landing page design for early marketing and token purchasing), 2) Build the Landing page for early marketing, and private token sale to raise funds, 3) Complete the MVP for the GS Hub application...all this will costs approximately USD300K (USD600K for the complete GS Hub product offering. Please see the raw concept proposal attached.

Challenges we are running into

  1. Lack of clear regulatory frameworks by central government authorities
  2. Negative perception and pessimism around cryptocurrencies
  3. Lack of knowledge and access to adequate and trusted advise
  4. Inconsistent development costs by Blockchain developers all over the world
  5. Cant find partners for funding, legal, marketing and project support from conception to commercialisation

Accomplishments that we're proud of

Developed a reduced and manageable MVP approach to the project and a clear roadmap or approach

What we learned

The project has some clear and valuable applications as stipulated in the value propositions in the MVP document attached.

What's next for Decentralised Business Solutions (DBS) Ecosystem

DBS Ecosystem:

  1. Comprehensive DBS Ecosystem Platform Scope of Work (SOW) document
  2. DBS Ecosystem Platform presentation ( marketing pitch)
  3. The DBS Ecosystem comprehensive Whitepaper - should include both product offering (GS Hub Application + GS Hub Application) as one complete document.

GS Hub Application:

  1. GS Hub application Scope of Work (SOW) document
  2. GS Hub application Litepaper
  3. GS Hub application presentation (Marketing pitch)

GI Hub Application:

  1. GI Hub application Scope of Work (SOW) document
  2. GI Hub application Litepaper
  3. GI Hub application presentation (Marketing pitch)

Landing Website and Pre-ICO Private Token Sale:

  1. Landing website and token sale Scope of Work (SOW) document (detailed step by step on how the token sale would work)
  2. Early and free Subject Matter Experts (SME) registration, profiles creation, documents uploading and tile display
  3. Early and free Investment Project Owners (IPO) registration, project creation, documents uploading and tile display

Built With

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