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In a recent report, the IMF said that Bitcoin “has the potential to become a major means of payment for e-commerce and may emerge as a serious competitor to traditional money.” In March 2014, the IMF held a meeting with central bankers and financial regulators from over 25 countries to discuss the implications of Bitcoin.
But when it comes to digital products, this definition has only limited applicability. Some digital products exist for many years and even decades. One of my clients, a company specialised in digital engineering products, offers a products that contains 30 year old code, for instance. What is a product ? Is that a product?
Digital platforms are on the rise. And social platforms, such as Facebook or Instagram, are only one of several different types of digital platforms. We’ve become used to digital platforms dominating the way we consume news, influencing our purchasing habits, and providing our entertainment. What are digital platforms?
It’s a story retail has heard before, with relentless e-commerce competition, growing debt, and changing consumer habits putting many well-known brands in precarious positions. Simply put, AR is a group of technologies that let you overlay digital items (data, images, objects and documents) onto the physical world. workforce.
In the example above, the story isn’t about the total number of customers aged 15-25, but that 22% of the customers were 15-25 in the first quarter of 2014 (and 26% in Q4). For example, the three “things” we are comparing in our e-commerce example above are regions: Australia, Europe, and North America.
But if you and I want to exchange a dollar bill, a stock certificate, or piece of land, we rely on middlemen—banks, brokers, insurance companies, or the government—to make it so you and I, who have never met, can trust each other in commerce. E-commerce wasn’t a thing when I was in college. We trusted each other.
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