The IRMA Community
Newsletters
Research IRM
Click a keyword to search titles using our InfoSci-OnDemand powered search:
|
Digital Economy: The New Engine of Growth for Society 5.0
|
|
Author(s): Bilyaminu Auwal Romo (University of East London, UK)
Copyright: 2022
Pages: 12
Source title:
Blockchain Technology and Computational Excellence for Society 5.0
Source Author(s)/Editor(s): Shahnawaz Khan (University College of Bahrain, Bahrain), Mohammad Haider Syed (Saudi Electronic University, Saudi Arabia), Rawad Hammad (University of East London, UK)and Aisha Fouad Bushager (University of Bahrain, Bahrain)
DOI: 10.4018/978-1-7998-8382-1.ch010
Purchase
|
Abstract
Digital technology-enabled business processes are integrated into the digital economy. Such technologies also enable the internet to conduct digital commerce in a trustless network and decentralized environment. This chapter also draws attention to the new form of economy, which focuses on the development and functions of the digital economy as a new growth engine for Society 5.0 and sheds light on emerging technologies and how the disruptive element of blockchain technology challenges the status quo of the old economy and the underpinning digital disruption imposed by decentralize platformisation. The core components of the digital economy, including digital technologies that serve as the new engine of growth for Society 5.0, were identified. The chapter concluded by highlighting the implications of digital technologies, and how standardisation, upgrading curriculum, legislative frameworks, and policies remedy the impediment of growing the digital economy for Society 5.0.
Related Content
|
Robert Casal, Raghvendra Singh, Daniel Della Posta, James Quinn.
© 2023.
24 pages.
|
|
Nikitha Agnew, Manish Gupta, Raj Sharman.
© 2023.
43 pages.
|
|
Ajeethra Balamurugan, Harshitha Anand Shetty, Karthikeyan Muthumani Sengunthar, Manish Gupta.
© 2023.
27 pages.
|
|
Harshada Dayasagar Samant, Raghvendra Singh.
© 2023.
31 pages.
|
|
Raghvendra Singh.
© 2023.
21 pages.
|
|
Prabhat Kumar, Othniel Lambert, Sivajit Sreekumar, Mukesh Ravi Bhatia, Akash Garg.
© 2023.
34 pages.
|
|
Sushmita Podugu, Vamsi Krishna Rayapureddi, Manish Gupta.
© 2023.
30 pages.
|
|
|