Cryptocurrency and its Impacts

2021 ◽  
Vol 9 (8) ◽  
pp. 1507-1511
Author(s):  
Dishita Khandelia
Keyword(s):  
Information And Communication Technologies ◽  
Social System ◽  
Communication Technologies ◽  
Clear Picture ◽  
Rapid Changes ◽  
New Business ◽  
Information And Communication ◽  
Digital Money

Abstract: The development of information and communication technologies has undergone rapid changes because of which many activities are integrated online and have become more pliable and effectual. With the tremendous growth of online user’s, the concept of virtual word has been activated and have generated a new business occurrence to assist the monetary activities such as purchasing, trading and selling of cryptocurrency. Cryptocurrency constitutes precious and impalpable items that are to be electronically used in various implementations and system such as digital social system and digital worlds. This paper enlightens the readers on how cryptocurrency is functioned. It also lets the readers gain confidence in dealing with cryptocurrency by informing them that the use of such kind of digital money is not entirely authorized. Anyway, this paper aims in guiding the readers about the escalation of cryptocurrency to view it more vividly and practically. This paper also analyses ways of regulations & legislations towards cryptocurrencies and other things like merits, demerits, and criticisms attached to it so that a clear picture can be developed of its impact on various laws to regulate.

scholarly journals A “Social Bitcoin” Could Sustain a Democratic Digital World

2021 ◽  
pp. 39-51
Author(s):  
Kaj-Kolja Kleineberg ◽  
Dirk Helbing
Keyword(s):  
Information And Communication Technologies ◽  
Online Social Networks ◽  
Large Fraction ◽  
Communication Technologies ◽  
Bottom Up ◽  
Digital World ◽  
New Business ◽  
Future Version ◽  
Information And Communication ◽  
Digital Capital

AbstractA multidimensional financial system could provide benefits for individuals, companies, and states. Instead of top-down control, which is destined to eventually fail in a hyperconnected world, a bottom-up creation of value can unleash creative potential and drive innovations. Multiple currency dimensions can represent different externalities and thus enable the design of incentives and feedback mechanisms that foster the ability of complex dynamical systems to self-organize and lead to a more resilient society and sustainable economy. Modern information and communication technologies play a crucial role in this process, as Web 2.0 and online social networks promote cooperation and collaboration on unprecedented scales. Within this contribution, we discuss how one dimension of a multidimensional currency system could represent socio-digital capital (Social Bitcoins) that can be generated in a bottom-up way by individuals who perform search and navigation tasks in a future version of the digital world. The incentive to mine Social Bitcoins could sustain digital diversity, which mitigates the risk of totalitarian control by powerful monopolies of information and can create new business opportunities needed in times where a large fraction of current jobs is estimated to disappear due to computerization.

New tools for developing the living environment (based on materials of Gaidar Forum – 2021)

2021 ◽  
Vol 23 (1) ◽  
pp. 6-12
Author(s):  
NATALYA YASKOVA ◽  
Keyword(s):  
Information And Communication Technologies ◽  
Business Models ◽  
Communication Technologies ◽  
Living Environment ◽  
Investment Activity ◽  
New Business ◽  
Information And Communication ◽  
The Government ◽  
National Economies ◽  
Expert Community

The pandemic has become the reason for structural reforms as well as for discussing many issues by the expert community. In this regard, the Gaidar Forum – 2021 became the very platform where experts in various fields of knowledge could meet. Specialists discussed such issues as sustainable development problems, the innovative focus of development, the introduction of IT technologies, restructuring of national economies, new business models, etc. Most of the questions, one way or another, concern the problem of the evolution of the living environment. These are the questions that were presented by the experts of the “Building together” discussion platform. Analyzing the results of the construction complex, which ensures the implementation of the national project “Housing and the Urban Environment”, made it possible to identify the nature of further measures taken by the Government of the Russian Federation in order to create a competitive living environment. Experts systematized the prospects for business models of investment and construction activities involved in the development of territories, identified new tools for enhancing investment activity, and focused the attention of the authorities on information and communication technologies used in modeling the living environment.

The Role of Information and Communication Technologies in Knowledge Management

2008 ◽  
pp. 36-45
Author(s):  
Irma Becerra-Fernandez ◽  
Rajiv Sabherwal
Keyword(s):  
Knowledge Management ◽  
Information And Communication Technologies ◽  
Communication Technologies ◽  
Complex Processes ◽  
Rapid Changes ◽  
Growth Of Knowledge ◽  
Information And Communication ◽  
Structural Mechanisms ◽  
Role Of Information

Rapid changes in the field of knowledge management (KM) have to a great extent resulted from the dramatic progress we have witnessed in the field of information and communication technology. ICT allows the movement of information at increasing speeds and efficiencies, and thus facilitates sharing as well as accelerated growth of knowledge. For example, computers capture data from measurements of natural phenomena, and then quickly manipulate the data to better understand the phenomena they represent. Increased computer power at lower prices enables the measurement of increasingly complex processes, which we possibly could only imagine before. Thus, ICT has provided a major impetus for enabling the implementation of KM applications. Moreover, as learning has accrued over time in the area of social and structural mechanisms, such as through mentoring and retreats that enable effective knowledge sharing, it has made it possible to develop KM applications that best leverage these improved mechanisms by deploying sophisticated technologies.

Digital Transformation and Change Management at Organizations in the Textile Industry

2020 ◽  
pp. 144-174
Author(s):  
Carmen De-Pablos-Heredero
Keyword(s):  
Change Management ◽  
Information And Communication Technologies ◽  
Textile Industry ◽  
Customer Value ◽  
Business Models ◽  
New Technologies ◽  
Communication Technologies ◽  
Digital Transformation ◽  
New Business ◽  
Information And Communication

Organizational changes are required for the implementation of information and communication technologies (ICT) at firms operating in the textile industry. Technologies for a new way of doing things will not provide good results if applied to an old established process. ICT allows putting into action processes in a different way, which may result in many cases, in more efficient and convenient process from the perspective of customer value generation. Textile firms highly invest in digital transformation to get new business models that constitute a challenge for traditional ways to operate. For that, they must face organisational changes. Change management implies leaving a group of structures, procedures, and behaviours and the adoption of new ones. Organizations must be able to identify potential efficient processes as a consequence of the application of new technologies. An appropriate management of more tangible aspects—equipment, financial resources—and intangible ones—people, users, and perceptions—will have impact on change management results.

scholarly journals Financial sector evolution and competencies development in the context of information and communication technologies

2020 ◽  
Author(s):  
Ilja Arefjevs ◽  
◽  
Aivars Spilbergs ◽  
Andris Natrins ◽  
Atis Verdenhofs ◽  
...  
Keyword(s):  
Information And Communication Technologies ◽  
Business Model ◽  
Business Models ◽  
Business Processes ◽  
New Products ◽  
Communication Technologies ◽  
Financial Sector ◽  
New Business ◽  
Information And Communication ◽  
Competencies Development

The development of information and communication technologies (ICT) has a significant impact on the business model of companies operating in the financial sector. Digital transformation leads to changing existing business model rapidly, as well as necessity of developing new processes specifically related to the use of ICT in business processes, development of new products and updating existing ones. At present, changes in the demand for ICT related processes in financial sector are observed both through the development of different technologies and their applications core or ancillary processes (e.g. innovations in payment systems including crypto currencies, blockchain-assisted smart contract, credit markets and insurance including peer-to-peer lending). Based on the opportunities offered by ICT, new business models need to be developed in the financial sector to transform these capabilities into new products and services that respond to changing customer demand. The aim of research to investigate the changes taking place in financial sector in the light of developments in ICT for acquisition of necessary competencies. Research methodology includes systematic review of scientific literature, analysis of selected financial sector statistics, semi-structured industry expert interviews and statistics analysis. The empirical study is limited to the financial sector of Latvia. Although due to the global nature of the financial sector the research findings could be applied internationally.

Entrepreneurial Activity Dynamics That Enhance Tourism in Montijo Municipality

2021 ◽  
pp. 16-33
Author(s):  
Teresa Gomes Costa ◽  
Inês Lisboa ◽  
Nuno Miguel Delicado Teixeira ◽  
Zélia Duarte ◽  
Teresa Godinho
Keyword(s):  
Information And Communication Technologies ◽  
Business Models ◽  
National Level ◽  
Communication Technologies ◽  
Social Progress ◽  
Entrepreneurial Activity ◽  
Health Crisis ◽  
New Business ◽  
Information And Communication ◽  
Tourism Activity

Montijo municipality is in Setúbal district and belongs to Lisbon metropolitan area. Many new projects have emerged in the county related to tourism. However, the health crisis that plagued the world in early 2020 raised several concerns about the entrepreneurial activity of this municipality. Thus, this study has as main objective to broadcast the entrepreneurial activity that enhances tourism in Montijo municipality, before the health crisis and to present a reflection on the future of this activity in the post-COVID-19 era. It was possible to verify that the county has a set of positive indicators with regard to tourism activity and is one of the most dynamic at national level in terms of entrepreneurship. Besides that, the implementation of new business models, new products and services, new distribution and marketing forms, based on information and communication technologies can be very important to disseminate the region and to add value to the tourist experience and business, contributing to making the region a national reference of economic and social progress.

Trends in the Renewable Energy Business

2021 ◽  
pp. 1932-1941
Author(s):  
Adrian Tantau ◽  
Robert Staiger
Keyword(s):  
Renewable Energy ◽  
Information And Communication Technologies ◽  
Business Models ◽  
Technology Development ◽  
Dynamic Environment ◽  
Communication Technologies ◽  
New Information ◽  
The Future ◽  
New Business ◽  
Information And Communication

The renewable energy business increase its volume each year due to the technology development and due to new business opportunities based on international (e.g., EU) and national support schemes, that have the goal to reduce the CO2 and other emissions of GHG. This chapter presents the main trends in the renewable energy business with main focus on the PV and H2 business. The objective of this chapter is to design a picture of the future of the renewable energy and not only. It is a view of the future of our planet in a dynamic environment characterized by proliferation of new renewable energy installments that are more personalized due to the diffusion of new information and communication technologies (IoT, Big Data, Smart grid) and new business models. The chapter offer an answer regarding to the future of renewable energy business in general, and to the future of PV and H2 business in special.

scholarly journals Orchestrating Smart Cities, New Disruptive Business Models and Informal Enterprises

2020 ◽  
Author(s):  
Ben Mkalama ◽  
Bitange Ndemo
Keyword(s):  
Information And Communication Technologies ◽  
Business Models ◽  
Industrial Revolution ◽  
Smart Cities ◽  
Communication Technologies ◽  
Sub Saharan Africa ◽  
New Business ◽  
Information And Communication ◽  
Sub Saharan ◽  
New Business Models

As the fourth industrial revolutions technologies intensify, cities are becoming smarter, new business models are emerging and informal enterprises are formalizing by default. Research demonstrates that the future of our world is decided by the quality of its future cities. As cities invest in information and communication technologies (ICTs) and embrace the Fourth Industrial Revolution (4IR) technologies to make life easier and solve many of the problems we face today, employment opportunities expand and citizens enjoy better lifestyle. This chapter will examine how the concept of smart cities is disrupting existing business models and creating new ones that have positively impacting Africa’s informal enterprise sector. The chapter leverages abundance theory to explain the emerging phenomenon in the nexus between smart cities, new business models and informal enterprises in Sub-Saharan Africa. The study finds that indeed the concept of smart cities is indeed facilitating new business models that are formalizing the informal sector.

Understanding Senior Entrepreneur Behavior

2019 ◽  
Vol 27 (03) ◽  
pp. 259-282 ◽  
Author(s):  
Ludivine Martin ◽  
Nessrine Omrani
Keyword(s):  
Information And Communication Technologies ◽  
Global Economy ◽  
Communication Technologies ◽  
Individual Factors ◽  
Potential Contribution ◽  
Policy Makers ◽  
New Business ◽  
Information And Communication ◽  
The Media ◽  
Personal Skills

There has been increased research interest in senior entrepreneurs and their potential contribution to the global economy. Nevertheless, the extant literature on senior entrepreneurship is often limited to considering some individual factors of entrepreneurship behavior without considering other factors linked to seniors’ environment. In this paper, we aim to understand the factors enhancing seniors to start a new business in Europe; factors linked to seniors’ environment — such as internet and information and communication technologies (ICT) diffusion, the level of status and respect of successful entrepreneurs, relaying information about successful new businesses in the media — and individual factors — such as gender, education, job position, income, skills —. The analysis is based on two main sources of data — the Global Entrepreneurship Monitor (GEM) and Eurostat — using a non-balanced panel dataset corresponding to a sample of 11 European countries covering 2006–2013. Findings of this study indicate that both individual and environmental factors contribute to seniors’ entrepreneurial behavior. Technology diffusion, personal skills, acquaintances’ entrepreneurial experiences, media relaying information about successful new businesses, and the senior employment rate are important factors of seniors’ starting new businesses. The findings provide valuable insights for policy makers to promote seniors’ entrepreneurship and provide better support for seniors to pursue entrepreneurial success.

Trends in the Renewable Energy Business

2017 ◽  
pp. 146-158
Keyword(s):  
Renewable Energy ◽  
Information And Communication Technologies ◽  
Business Models ◽  
Technology Development ◽  
Dynamic Environment ◽  
Communication Technologies ◽  
New Information ◽  
The Future ◽  
New Business ◽  
Information And Communication

The renewable energy business increase its volume each year due to the technology development and due to new business opportunities based on international (e.g., EU) and national support schemes, that have the goal to reduce the CO2 and other emissions of GHG. This chapter presents the main trends in the renewable energy business with main focus on the PV and H2 business. The objective of this chapter is to design a picture of the future of the renewable energy and not only. It is a view of the future of our planet in a dynamic environment characterized by proliferation of new renewable energy installments that are more personalized due to the diffusion of new information and communication technologies (IoT, Big Data, Smart grid) and new business models. The chapter offer an answer regarding to the future of renewable energy business in general, and to the future of PV and H2 business in special.

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