Digital economy is a portmanteau of digital computing and economy, and is an umbrella term that describes how traditional brick-and-mortar economic activities are being transformed by Internet, World Wide Web, and blockchain technologies.
| FactSnippet No. 1,647,247 |
The digital economy is variously known as the Internet Economy, Web Economy, Cryptoeconomy, and New Economy.
| FactSnippet No. 1,647,248 |
Since the digital economy is continuously replacing and expanding the traditional economy, there is no clear delineation between the two integrated economy types.
| FactSnippet No. 1,647,249 |
Digital economy is backed by the spread of information and communication technologies across all business sectors to enhance its productivity.
| FactSnippet No. 1,647,251 |
Digital transformation of the economy is altering conventional notions about how businesses are structured, how consumers obtain goods and services, and how states need to adapt to new regulatory challenges.
| FactSnippet No. 1,647,252 |
Definition of Digital Economy is not harmonized across governments, businesses, and international organizations.
| FactSnippet No. 1,647,253 |
Digital economy platform operator is an entity or person offering an online communication service to the public based on computer algorithms used to classify content, goods, or services offered online, or the connection of several parties for the sale of goods, the provision of a service, or the exchange or sharing of content, goods, and services.
| FactSnippet No. 1,647,254 |
Digital economy has had a substantial impact on retail sales of consumer product goods.
| FactSnippet No. 1,647,255 |
Digital economy infrastructure is essential for leveraging investment in digital transformation.
| FactSnippet No. 1,647,256 |
The European Digital economy Market is divided in regulations, standards, usages, and languages.
| FactSnippet No. 1,647,257 |
In 2020, the digital economy continues to be a top priority for the EC, and belongs to the agenda of the Commission president.
| FactSnippet No. 1,647,258 |
The strategy of digital economy is included in a wider strategy for the future of Europe.
| FactSnippet No. 1,647,259 |
Digital economy is qualified as "intangible capitalism" which fosters inequality and social division.
| FactSnippet No. 1,647,260 |
Digital economy has accelerated the spread of global value chains in which MNEs integrate their worldwide operations.
| FactSnippet No. 1,647,261 |