Digital Economy

Digital currency, unlike physically tangible paper currency and coins, refers to the currency exists in digital form. Digital currency also termed as virtual currency and owned mostly by banking institutions. A famous form of digital currency is cryptocurrency bitcoins. Digital currency can be classified into three types, which include cryptocurrency, virtual currency and central bank …

You Think Digital Currencies Will Not Thrive? Think Again. Read More »

The world as we live today is continually and rapidly changing. The yesterday’s myths are today’s realities. The only thing matters is that these myths make sense. One of the instrumental drivers for this change is digital transformation. It would be a myopic opinion if we view this transformation only in the parameter of internet. …

The rise and rise of digital economy Read More »

Thanks to the technological boom and financial innovations, the world has graduated from paper currency to paperless currency. More specifically, it is the digital currency, which is gaining momentum in an exponential pace.  What Is Digital Currency? As its name suggests, digital currency is that king of currency exists only in digital or electronic form. …

The Pros and Cons of Digital Currency in USA Read More »

Imagine your supplier in Frankfurt made shipment of your desired stuff to your residence in Sydney and needed to be paid via a bank in Dubai. Further imagine, your son’s college fee is due for payment in Istanbul and you instructed your Tokyo office to immediately remit the funds, via a bank in Shanghai, to …

E-commerce: Challenges and Opportunities in 2021 Read More »