Rasoul Rezvani, an Iranian entrepreneur, has presented a novel way to combine the real and digital economies in a project called RZ OASIS. This project, aimed at creating the concept of 'Country 196', seeks to build a borderless ecosystem for economic activities. International media, especially the International Business Times, have explored this idea and its implications for the future of the digital economy.
Creating a Digital-Economic Ecosystem
Country 196 is introduced as a digital-economic territory where individuals, businesses, and technologies operate simultaneously and benefit from each other. This new concept emphasizes connecting the physical and digital worlds rather than solely focusing on the virtual realm; in this space, users play a role not just as visitors or players but as active participants in the economy.
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Innovative Approach to Economic Development
Rasoul Rezvani, with a distinguished background in the gaming and fintech industries, believes that combining the digital and real worlds is impossible without appropriate infrastructure in the RZ OASIS project. Therefore, this project aims to create a digital economy connected to real activities. Users can develop their skills, launch digital businesses, and participate in economic activities.
Moreover, real businesses can also connect to this ecosystem through Web3 infrastructure and tokenization, benefiting from its advantages. Thus, Country 196 is recognized more as a cross-border economic structure than as a virtual country.
On the other hand, RZ OASIS intends to gradually develop the necessary components before completing the final environment with its phased development model. This approach allows the project team to respond to existing needs and challenges at each stage of development and gradually move closer to their final vision.
Considering this approach, RZ OASIS is designed as a long-term project, with a timeline of about ten years for its completion. During this period, the project team will focus on developing infrastructure and establishing international connections to transform RZ OASIS into a sustainable economic ecosystem.
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