Changes

Why .trade?

Why .trade?

International trade accounts for a good part of a country’s gross domestic product and is also one of the important sources of revenue for a developing country. Over the past couple of decades, there have been sweeping changes in general shop-based business, especially in the world of the internet. However, it can be hard to find trustworthy online trading resources.

International trade accounts for a good part of a country’s gross domestic product and is also one of the important sources of revenue for a developing country. Over the past couple of decades, there have been sweeping changes in general shop-based business, especially in the world of the Internet. However, it can be hard to find trustworthy online trading resources.

Since its inception the internet has revolutionized the way we communicate, empowered hundreds of millions with knowledge and created a platform where global commerce can thrive. However, access to the countless benefits and opportunities which the internet offers can often be hindered when navigating the ever-expanding sea of irrelevant and sometimes malicious content which also exists.

Since its inception the Internet has revolutionized the way we communicate, empowered hundreds of millions with knowledge and created a platform where global commerce can thrive. However, access to the countless benefits and opportunities which the Internet offers can often be hindered when navigating the ever-expanding sea of irrelevant and sometimes malicious content which also exists.

Thus, the aim of .trade is to create a blank canvas for the online trade sector set within a secure environment. The Applicant will achieve this by creating a consolidated, versatile and dedicated space for the trade sector. As the new space is dedicated to those within this affinity group the Applicant will ensure that consumer trust is promoted. Consequently consumer choice will be augmented as there will be a ready marketplace specifically for trade-related enterprises to provide their goods and services. All stakeholders within the sector will be able to sample reactions to new ideas, or gather thoughts on the improvements of established ones. This will drive innovation and competition within the trade sector as there will be new channels available not yet fulfilled by current market offerings. This new environment will cause registrants to seek new ways to separate themselves from the competition.

Thus, the aim of .trade is to create a blank canvas for the online trade sector set within a secure environment. The Applicant will achieve this by creating a consolidated, versatile and dedicated space for the trade sector. As the new space is dedicated to those within this affinity group the Applicant will ensure that consumer trust is promoted. Consequently consumer choice will be augmented as there will be a ready marketplace specifically for trade-related enterprises to provide their goods and services. All stakeholders within the sector will be able to sample reactions to new ideas, or gather thoughts on the improvements of established ones. This will drive innovation and competition within the trade sector as there will be new channels available not yet fulfilled by current market offerings. This new environment will cause registrants to seek new ways to separate themselves from the competition.