Blockchain Technology: Paving the Way for a New Digital Economy
Keywords:
Blockchain Technology, Digital Economy, Decentralisation, Financial Transactions, Cryptocurrency, Smart Contracts.Abstract
The modern economic landscape is swiftly transitioning to a primarily digital paradigm. This budding digital economy stands at the forefront of economic advancement, reshaping business relations built on information-driven B2B collaborations. Newly emerging digital strategies and information networking are becoming crucial in a progressively globalised economy. These changes mark the shift from a territorially-bound real economy to an interconnected, online one. This evolution is fostering the development and introduction of innovative business approaches. With the rise of blockchain technology, the digital economic arena is set for deeper integration worldwide. This paper explores the transformative role of blockchain in the digital economy and its potential to advance the sector further.
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