
Global Trust Registry
The GTR provides a near perfect platform, as it is designed to promote and position Cities to cope better with the social, economic and digital business realities. With its core emphasis on trust and collaboration, it will encourage SME growth worldwide using an interconnected network of Cities, making possible the delivery of a highly valued business services platform. The GTR will be targeting over 1000 cities worldwide in the upcoming launch early 2020.
“All the forces in the world are not so powerful as an idea whose time has come.”
– Victor Hugo
The Trust Problem
Impacting the entire Future of Work Debate
The Global Financial Crisis (GFC) sparked widespread scepticism about the real benefits of the much touted globalization process. While several economies are still recovering from the shock and consequences of the GFC, the ensuing decline of trust in government, business communities, banking, and even the future of money has accelerated dramatically. The job creation crisis and the high failure rates of SMEs, sole practitioners, and independent contractors around the world pose profound challenges to the entrepreneurial plans and programs being pursued by policy makers.
World leaders agree that trust is the glue that holds their economies and societies together. Indeed, it is the essential ingredient for achieving sustainable growth in the international economy. The Global Trust Registry (GTR) has the mission to help raise the profile of trustworthy Small and Medium Enterprises (SMEs) on a global scale through a unique trust score, backed by a suite of business and financial services tailored to their needs through effective collaboration with Cities and trusted service providers.
The Global Trust Registry: The Trust Solution
Working for Cities, Entrepreneurs and Business
International organizations such as the G20, B20, OECD, BIAC, among many others, have highlighted the role trust must play to address the jobs crisis and the sluggish global economic recovery. Recent meetings at the World Economic Forum (WEF), the United Nations and the G7 have enshrined the critical importance of small business capacity solutions where trust and collaboration constitute the building blocks for the development of innovative services in the digital economy.
Working in conjunction with Cities, the Global Trust Registry seeks to mitigate failure rates and stimulate growth by furnishing valuable and trusted business resources on a shared services platform thus generating opportunities for SMEs. These groups of enterprises employ most of the global workforce and are estimated to number around 200 million worldwide.
The GTR team has designed a well-defined solution to the trust issue – a platform that revolutionizes thinking about collaboration and the way SMEs can contribute to global value chains in a city-centric digital world. SMEs thus become highly valuable in their own right to the Future of Work ecosystem. The GTR can effectively change business behaviour and promote a Trust Movement grounded on security, transparency, trustworthiness, and collaboration between cities and their business communities.
The Opportunity and its Impact
Practical, Needed and Scalable
The GTR provides a unique and innovative platform where Cities become centers of distributed-trust while promoting and growing a global network that positions them to cope better with the emerging social, economic and digital business realities. The platform will encourage entrepreneurial and SME growth worldwide through the network of interconnected cities. The GTR makes accessible highly valued and trusted business solutions at shared-services pricing in more than a thousand cities that are the main engine for the world’s GDP growth.
Cities and their SME communities provide the largest scalability potential for the GTR-business model as AI and new sophisticated data and people analytics enhance other trusted resource and service providers.
Investing in the Future
Supporting Cities Creative Growth
The GTR promises to be a significant new development in business and financial services for the digital age. The climate for such an initiative first springed in 2015 when trust, integrity and employment became global agenda priorities.
At a later stage, the GTR will expand its range of business and financial services, complement existing initiatives and establish the worlds first city based fund of funds to enhance capacity building for the entrepreneurs who will shape our future economies.
Utilizing AI, Machine Learning, and Blockchain technology, this ambitious yet critically needed digital initiative will roll out an innovative set of business models through action on the ground at the local level bringing global best practices to the forefront.
It is envisioned that the GTR will help entrepreneurs and SMEs play an expanded role in the economy by fully recognizing that cities, as the core hubs of the global network, are best suited to foster job creation and inclusive growth. The GTR is the right opportunity – right now.
NEWS
PIIE: REBUILDING THE GLOBAL ECONOMY: PRIORITIES FOR ECONOMIC POLICY
"The global economy is reeling from a pandemic that has exposed and exacerbated some of the previously growing weaknesses in the international economic order. Your first priority is fixing the US economy—both jump-starting the cyclical recovery and also addressing the...
Launch of the 2020 OECD Business and Finance Outlook
The 2020 edition of the OECD Business and Finance Outlook focuses on sustainable and resilient finance, in particular the environmental, social and governance (ESG) factors that are rapidly becoming a part of mainstream finance. It evaluates current ESG practices, and...
Use COVID lessons to ‘do things right’ for the future, urges UN chief
In his remarks online to the World Conference of Speakers of Parliament, the Secretary-General said that COVID-19 was highlighting the challenges plaguing societies and had exposed some major systemic fragilities. “Even before the virus, our societies were on shaky...
New York – Global Goals Week 2020
The United Nations (UN) will bring together world leaders through a mix of virtual and in-person representation, for the 75th session of the UN General Assembly. This year’s historic General Assembly will not only mark the 75th anniversary of the UN but five years...
B20 Saudi Arabia – Inception Event | ‘How can business most effectively support the G20?’
The Business Twenty (B20) is the official G20 dialogue with the business community. As the voice of the private sector to the G20, it represents the global business community across all G20 member states and all economic sectors. Formed in 2010, it is the first...
Davos 2020 – Stakeholder Capitalism: What is Required from Corporate Leadership?
The future of capitalism has been a hot topic at the Annual Meeting this week, with a variety of opinions and positions taken by Davos participants. https://www.weforum.org/agenda/2020/01/quotes-on-the-future-of-capitalism-davos-2020/
B TEAM – New Report: A Net-Zero Economy Requires Radical Collaboration
The Net-Zero Economy Report - 2020 highlights the need for radical collaboration in corporate climate action and demonstrates how some companies have already stepped up to the challenge. To keep the promise of the Paris Agreement, our entire economy needs to...
GBC members led a successful workshop during WTO 2019 Public Forum
On the occasion of WTO Public Forum, representatives from GBC members chose to lead a workshop dedicated to identifying the effects of WTO blockades and suggesting ways to move forward. Along with Iana DREYER, fonder of Borderlex, Mohamed Kassem (Federation of...
74th Session of the UN General Assembly (UNGA 74)
http://sdg.iisd.org/events/74th-session-of-the-un-general-assembly/
OECD Roundtable on Smart Cities and Inclusive Growth
The Roundtable has bring together key stakeholders from cities, regions, national governments, the private sector, civil society, academia, philanthropy and international organisations to: Learn from a common understanding of the concept of smart cities across the...
G20 Osaka Leaders’ Declaration
"The responsible development and use of Artificial Intelligence (AI) can be a driving force to help advance the SDGs and to realize a sustainable and inclusive society. To foster public trust and confidence in AI technologies and fully realize their potential, we...
G20 adopted human-centered AI Principles
G20 Trade and Digital Economy Ministers held in Tsukuba (Japan) on 8 and 9 June 2019.
Artificial Intelligence: Next Steps
Watch experts from the US and Korean governments, the US National Science Foundation, Google and the OECD discuss what the future AI means for policy makers, citizens and businesses alike.
U.S. Conference of Mayors returns to Honolulu after more than 50 years
The USCM is a nonpartisan organization that was established in 1932 to represent cities with populations of 30,000 or greater, according to a statement. There are 1,408 such cities in the USA today.
URBAN 20-G20 Tokyo Summit 2019
The Tokyo Metropolitan Government hosted the 2019 Urban 20 (U20) Tokyo Mayors Summit as the chair city. See the videos and communiqué.
OECD Forum 2019 World in E-MOTION Paris 20-21 May
This 2-day public engagement event gathers high-level government representatives, CEOs, leaders from civil society and trade unions as well as prominent members of academia and media.
Administration Selects U.S. Chamber’s Donohue to Serve on American Workforce Policy Advisory Board
Board Will Help Craft a Workforce Strategy to Equip America’s Students and Workers with Skills They Need in Today’s Economy WASHINGTON, D.C. — U.S. Chamber President and CEO Thomas J. Donohue today was selected to serve on the administration’s American...
Global Business Coalition (GBC) Presidency Handover
• Federation of German Industries (BDI) passes the baton to Unión Industrial Argentina (UIA)• GBC calls on the G20 and G7 to rebuild trust in globalization• GBC requests governments to advance the rules of the multilateral trading system and shape the digital...
Tony Robbins – World Government Summit 2019
Tony Robbins – World Government Summit 2019During the 2019 World Government Summit taking place in Dubai from February 10~ 12 Tony Robbins renowned personal coach and speaker reflects on the subject of trust and a higher purpose. A theme GTR intends to...
Statement by U.S. Conference of Mayors President Columbia (SC) Mayor Steve Benjamin on the Federal Government Shutdown
Washington, DC—The United States Conference of Mayors President and Columbia (SC) Mayor Steve Benjamin released the following statement on the federal government shutdown:“As the government shutdown stretches into its third week, the nation’s mayors urge...
Address
Global Trust Registry
1875 Connecticut Avenue NW
10th Floor WASHINGTON DC. 20008
United States of America