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 …
Category: Corporates, Businesses & Industries
research and analysis for corporates, businesses and industries
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 …
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 …
The Digital Transformation of Shipping Companies
As all sectors of the economy rapidly adapt to the digital future to gain a comparative advantage over their competitors, so the Shipping industry has slowly but steadily begun to adopt digital solutions and cutting-edge technology. This is evident in the construction of new ships, cyber security and the use of block chain technology to …
Factoring and Economic Growth
Factoring is a financial tool used by companies primarily to improve their liquidity, as it provides direct financing based on the volume of sales made by a business. Factoring is a relatively low-risk form of financing for both banks and businesses providing these services. In the UK factoring has another name i.e. receivable finance, invoice …
The Role of Internal Control in the Post-Covid-19 Era
To a significant extent, businesses have taken the right steps to limit as much as possible the negative effects during the Covid-19 pandemic in order to be able to cope with a changing and fluid environment of intense uncertainty that was occurring in front of them. These steps include: Accelerate the digital transformation of the …
The Vision and Direction of Digital Transformation for Banks
The post Covid-19 era has created new data where banks try in various ways through mainly reducing customer service costs and by offering new more profitable products and services. The core of the most necessary digital transformation is the change of mentality in terms of the type of financial contact and the bank-client relationship. The …
Τhe Role of the CFO in the Digital World of Business
Continuous digital upgrading in enterprises to be able to follow any developments in a fluid and ever-changing business environment forces both the financial departments of a company and their CFO to follow and adapt their services to new developments. What the CFO needs to do to succeed in its duties To respond to today’s developments, …