An Initiative of the NairaX : WaaS Proposal

An Initiative of the NairaX Ecosystem
1. Executive Summary
The global economy is shifting towards blockchain-based systems, with governments, central
banks,
and corporations adopting digital finance for efficiency, security, and global competitiveness.
The NairaX Ecosystem, through its Web3 as a Service (WaaS) initiative, proposes a partnership
framework for public and private institutions to:- Strengthen local currencies through on-chain reserve-backed stablecoins.- Build a national blockchain economy framework for payments, assets, and governance.- Provide secure Web3 Corporate Identities (W3-CID) to institutions.- Drive digital transformation, financial inclusion, and global trade competitiveness.

1. Proposal: Web3 as a Service (WaaS)
An Initiative of the NairaX Ecosystem
1. Executive Summary
The global economy is shifting towards blockchain-based systems, with governments, central
banks,
and corporations adopting digital finance for efficiency, security, and global competitiveness.
The NairaX Ecosystem, through its Web3 as a Service (WaaS) initiative, proposes a partnership
framework for public and private institutions to:
- Strengthen local currencies through on-chain reserve-backed stablecoins.
- Build a national blockchain economy framework for payments, assets, and governance.
- Provide secure Web3 Corporate Identities (W3-CID) to institutions.
- Drive digital transformation, financial inclusion, and global trade competitiveness.
2. Vision & Objectives
Vision: To accelerate the transition of emerging and advanced economies into blockchain-powered
economies.
Objectives:
1. Establish policy and technical frameworks for blockchain adoption.
2. Launch multi-reserve stablecoin ecosystems to stabilize national currencies.
3. Provide Web3 corporate and institutional identities.
4. Enable cross-border blockchain-based settlements for trade and debt.
5. Build local capacity, training, and innovation ecosystems.
3. Services Offered (WaaS Framework)
A. Consultation & Advisory – Policy design, digital asset frameworks, compliance support.
B. Blockchain Infrastructure Setup – Node deployment, Blockchain-as-a-Service (BaaS), secure
RPCs/APIs.
C. Digital Finance Solutions – CBDC design, stablecoin frameworks, asset tokenization.
D. Web3 Product Development – Smart contracts, wallets, dApps, DAOs.
E. Support & Maintenance – 24/7 technical support, audits, training.
F. Web3 Corporate Identity (W3-CID) – Digital wallet, NFT identity badge, tokenized shares, DAO
identity, brand domain (.eth/.crypto/.dao).
4. Implementation Roadmap
Phase 1 (0–3 months): Consultation & policy framework with government and corporate partners.
Phase 2 (3–6 months): Infrastructure setup – nodes, APIs, CBDC sandbox.
Phase 3 (6–12 months): Stablecoin & reserves – launch currency-backed reserves.
Phase 4 (12–18 months): Web3 Corporate Identity rollout to corporates & financial institutions.
Phase 5 (18–36 months): Full blockchain-based economy adoption (payments, trade, governance).
5. Economic & Strategic Impact

2. - Currency Strengthening – via blockchain reserves (USST, EuroPal, BTC, etc.).
- Debt & Forex Stability – cross-border settlement systems.
- Trade Competitiveness – cheaper remittances, faster trade finance.
- Transparency – immutable government and corporate ledgers.
- Job Creation & Skills Development – Web3 training and adoption hubs.
6. Service Charge Structure
A detailed Service Charge Sheet is provided as an attachment.
It covers consultation, infrastructure, digital finance, product development,
support & maintenance, and Web3 Corporate Identity packages.
7. Closing
The WaaS initiative of the NairaX Ecosystem is designed as a collaborative framework
that can be adopted by any government, financial institution, or corporate body seeking
to transform into a blockchain-based economy.
We welcome further discussions and pilot projects with interested organizations worldwide.
Contact: [email protected] | www.nairax.ng