The Transnational Transparent Procurement (TTP) is a pioneer 4th industrial revolution technologies innovation providing scalable and sustainable solutions to the benefit of all supply chain participants. TTP is not just about efficient payments, alignment of buyer-supplier values, blockchain logistics, sustainability or modern slavery …
It’s about of all of it
– Total Value Procurement.
Procurement is facing unprecedented challenges from AI, IoT to transformational opportunities through blockchain. As we drive towards the United Nations 2030 SDG goals, the hallmark of this next decade will be our ability to balance between financial and non-financial assets bringing profound social change. Procurement is one of the world’s greatest instruments to drive our future, bringing absolute clarity linking purchasing contract reward with behaviour compliance adoption.
Recent innovations, Facebook Libra and IBM Trust Your Supplier are most welcome attempts to bring consortiums of large companies to impact payments and digital identity, however, they are by design a view of the world through a top-down corporate lens and therefore limited. Building on this global movement, we have established an inclusive, equitable Circular Economy of Procurement bringing tangible and intangible rewards to the sector as a whole. The aim is to combine token payment transactions with Distributed Ledger Technology (DLT) transparent certification to enable a true value exchange between large and small players.
The Transnational Transparent Procurement Foundation (TTPF) is a not-for-profit (NGO) to pioneer 4th industrial revolution technologies providing scalable and sustainable solutions to the benefit of all participants. TTPF is not just about efficient payments, alignment of buyer-supplier values, blockchain logistics, sustainability or modern slavery … it’s about of all of it – Total Value Procurement.
Procurement is the single most powerful instrument to change the world in terms of both financial weight and influence on lives globally, nevertheless it has struggled to grasp this mantle. Because of the procurement and supply chain management, some people will end their lives in abject poverty, and others will celebrate life. Procurement decisions can lead to the ultimate sacrifice – in their hands is the power that someone lives or dies.
There are 4 major advantages blockchain brings to procurement.
- Firstly, it is anti-centralisation and peer-to-peer technology allowing for cheaper purchasing through disintermediation.
- Secondly, distributed ledger technology (DLT) brings transparency to sustainability in the supply chain.
- Thirdly, tokenization and cryptocurrency gives the ability to align the reward and values of the supplier with its own vendor values.
- Finally, the integration of AI with blockchain smart contracts allow for seamless automation of sourcing and procurement against a predetermined set of rules compliant with the organisation’s strategy.
By 2030 procurement will have undergone a revolution within organisations, institutions and even personal ‘retail’ purchasing, now with our collective societal engagement mandate, should embrace this technology enabler.
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in Uganda. He was also the Regional Strategic Buyer for Nestle’ Equatorial Africa where he looked after factories in DRC, Zimbabwe and Kenya. His countries of work experience are Kenya, Uganda, Tanzania, Malawi, Mauritius, Mozambique, DR Congo, Liberia, Sierra Leone, Nigeria, South Africa, Switzerland, UK, Guinea, UAE, Zimbabwe and Ivory Coast.


