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Unleashing the “Wealth of Nations”

A case for how Developing Countries can create and grow wealth, and be
key players in Global Economic Growth and Prosperity.
The Tenets of Prosperity:

• Protection of Property Rights: Civil laws and regulations that


protect the rights of individuals

• Capital Generation and Availability: Empowering individuals


(with secure and portable identity), and creating underlying
systems and processes that mobilize the dormant assets for
pricing and asset valuation.

• Innovation and Entrepreneurial Development

• Infrastructure Adequacy

• Leadership and Political Environment


Developed Economies

Developing Economies
35.00% COMPARATIVE ANALYSIS OF SELECTED REGIONS FOR
30.00% GDP/LAND AREA/POPULATION
25.00%

20.00%

15.00%

10.00%

5.00%

0.00%
EUROPEAN UNION USA AFRICA SOUTH AMERICA

GDP 30.31% 23.50% 5.24% 4.98%


LAND 2.90% 6.60% 20.28% 11.41%
POPULATION 7.38% 4.53% 13.61% 5.64%
Selected African Countries GDP Vs USA
The Need for “eRegistry” to Mobilize Dormant Assets
What Is “eRegistry” ?

“eRegistry” is a digital registration of people, their life events such as


births, deaths, marriages, financial transactions and their assets– houses,
lands, Goats, Cows, livestock etc; It also registers the Owners’
trade/Profession and through asset securitization, mobilizes the currently
dormant trillions of dollars in local assets in developing nations to
generate capital that is tradable with the global economy.
This also provides a quantitative methods of managing credit risks for the
lending institutions.
“eRegistry” leverages the convergence of existing technologies and when
coupled with economic modeling, will provide a Global Consumer
Economic Index (GCEI)
The Proposed Solution

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UNLEASH
DEV. ECONOMIES’ CITIZENS THEY
BUILD THEY GROW CONTRIBUTE
TRILLION $ ACQUIRE
“eREGISTRY” WEALTH TO GLOBAL
DORMANT WEALTH
ASSETS PROSPERITY

Path to Local Economic Growth and Global Prosperity


Via Open Information Exchange “Mashup”
With this model, a new Digital Global
Common Currency will emerge

It will enable global open capital sourcing that


will build a second understanding and “layer”
of the local society for both Institutions,
individuals and the community at large by
allowing for another, yet more global perspective
of individual and communal wealth to emerge.
The eRegistry Data Sources
Mobilizing the $Trillions “Dormant Assets”

HOUSES
eRegistry

AGRICULTURE

IPs LIVESTOCK
LAND
“eRegistry” Goals TO Name a Few:

• A Match-Up platform for:


– Micro and SMEs with Approved/Registered Micro lenders for prequalification,
post borrowing credit rating/refinance using knowledge based quantitative
measures.
– as governance and compliance tool with Dynamic Credit Risk monitoring with
alert and notification capabilities for thresholds
– Buyers matched up to Sellers
– Venture Capital Funds matched up to Entrepreneurs in Need of Funding
– Virtual Doctors to Patients in Need of Health Care

• An Asset Registry for securitization and local Capital generation

• An Innovation and Entrepreneurial Development Platform.


The Entrepreneurial Match-Up platform:

Digital Fund
Remittances /
Payment
Services
Microfinance 2.0
“eRegistry” as a “Match-up” Platform for Microfinance

Pre Microfinance Local Microfinance Credit Credit rating/


Qualification via Providers Processing Post Microfinance
“eRegistry” Asset Management

Sustainable / Post Registered in “eRegistry” With Citizens Asset/Profile Build Global


Borrowing Knowledge Base with Risk Profile and Registry, Credit profile allows Consumer Economic
for Future needs and Asset Specialty to matchup with for Matchup with Microfinance Model for Global
Management Borrowers Lenders Capital Sourcing

Powered By “eRegistry”

Necessitates the Registration of


ALL BORROWERS AND LENDERS
A SELF FEEDING SYSTEM
Secondary benefits of the Information
Exchange Platform (eRegistry):
• Creates a new industry for asset appraisals
• Creates asset insurance/risk management
industry boom
• Results in more accurate valuation of assets
• Produces healthier urban environment
• Other products and services will develop from
the platform
Join Us: Be a Sponsor
 Corporate participation
 Individual Participations
 Governmental
 NGOs

Contact us at :
wealthofnations@media.mit.edu
To learn more and participate contact:

wealthofnations@media.mit.edu
Or
Akinyemi@media.mit.edu

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