The announcement in 2009 of a person under the pseudonym Satashi Nakamoto that he successfully created the first digital electronic money transfer platform was the dawn of a new world of transaction implementation between natural and legal persons. Blockchain technology solves a fundamental trading problem, that of the intermediary who must have the confidence of …
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The greater the proportion of the population in an economy that does not have a bank account, the more difficult it is to achieve sustainable growth and social well-being
The economies that are underdeveloped and cannot optimise the development of their economy while disseminating economic growth to their entire population are those in which a large part of the population does not have a bank account and access to bank transactions. According to World Bank (data.worldbank.org/indicator) data in most Latin and Central American countries …
Why to Choose and Avoid as Investor equally to purchase shares through IPO’s
Initial Public Offering (IPO) is the procedure in which a company issues and releases its shares publicly for the first time. In addition, many companies to raise new capital choose to do so through the IPO process to either expand their business activities or their investments (possible and mergers & acquisitions) or to offer their …
The greater the proportion of the population in an economy that does not have a bank account, the more difficult it is to achieve sustainable growth and social well-being
The economies that are underdeveloped and cannot optimise the development of their economy while disseminating economic growth to their entire population are those in which a large part of the population does not have a bank account and access to bank transactions. According to World Bank (data.worldbank.org/indicator) data in most Latin and Central American countries …
The “Red Dragon” (China) Grows Worldwide
While the Covid-19 pandemic was initiated by China (Wuhan Province) and it appeared that the Chinese government was taken by surprise, the subsequent successful management of the response to the pandemic strengthened Chinese citizens’ confidence in the communist regime of China, increased the national confidence and pride of the Chinese (always comparing it to the …
The Future Transformation of the Nature of Businesses
It is now a fact that the Covid-19 pandemic acts as a shaper of business developments either as an accelerator for them or as a catalyst for changes in the redefining of the business plan survival of businesses. The first transformation concerns the consumer’s approach and given that the regime of selling products directly from …
Guide to Poor Countries to Recover from Bankruptcy
According to a recent report by the International Monetary Fund (IMF) and the Institute of International Finance (IIF) from 2016 to September 2020, global debt has increased by $52trilion while in the period 2012-2016 it has increased by $6trillion; global debt is expected to exceed $277trillion in total by the end of 2020. The biggest …
The Workplace after the Covid-19 Era
Since in the service sector 50% of employees in both the public and private sectors work under the distance work (teleworking) regime, companies are invited to redesign their workplaces for the post-Covid-19 era. Teleworking is a mainstream trend that will continue to exist after the end of the Covid-19 pandemic in companies operating in the …
Why Retail Success Is Based on Digital Transformation and Consumer Decryption
At the end of the Covid-19 era consumption will, to an exceptionally large extent, take place through online platforms for e-shops that will replace shopping streets and department stores through internet browsing. Essentially the consumption will be transferred in the context of satisfying the online purchases of this pleasant walk to the commercial department store. …
The Degree of Validity of Artificial Intelligence Systems Forecasts
As the application of artificial intelligence expands to support more and more critical decisions about the economy and society, the more concerns will grow as to whether the predictions of such systems are valid, impartial, and socially acceptable. The basis for the validity, reliability and acceptance of decisions based on artificial intelligence systems by Thanos …