Blockchain is a shared tamper-proof ledger that simplifies the recording of transactions and asset accounting in a business network. An… — Blockchain is a shared tamper-proof ledger that simplifies the recording of transactions and asset accounting in a business network. An asset can be tangible (house, car, money, land) or intangible (intellectual property, patents, copyrights, branding). Almost anything of value can be tracked and sold using blockchain. This technology reduces risks…

The revenue from buys through marketplaces will exceed $7 trillion in 2024 compared to $1.7 trillion in 2019. The growing demand for… — The revenue from buys through marketplaces will exceed $7 trillion in 2024 compared to $1.7 trillion in 2019. The growing demand for selling platforms can be explained by excellent user experience derived from the ability to find all the necessary things in one place. Marketplaces enable shoppers to compare prices…

Covid19 has turned shopping habits upside down. Today, customers are more likely to choose an online store with fast shipping over low… — Covid19 has turned shopping habits upside down. Today, customers are more likely to choose an online store with fast shipping over low prices. Excellent service has become a priority for many buyers, and timely delivery is one of the main criteria. Increased customer expectations and tough competition are forcing companies…

NFT is a relatively new phenomenon in the digital world. It stands for non-fungible token and allows the trading of intangible goods. — NFT is a relatively new phenomenon in the digital world. It stands for non-fungible token and allows the trading of intangible goods. Artists and public persons use NFT to sell intellectual property on special NFT marketplaces. For example, artist Mike Winkelmann received $69 million for his NFT painting, and Twitter…

Modern supply chains consist of many connecting points. Today it is not just manufacturer -> retailer -> buyer. Companies work with… — Modern supply chains consist of many connecting points. Today it is not just manufacturer -> retailer -> buyer. Companies work with multiple suppliers and customers, take orders 24/7, and ship goods seven days a week. For efficient operation, they need to minimize downtime. However, tracking every step of a product…

The efficiency of businesses outsourcing their IT requirements is well-established. It is common for both small and large companies to… — The efficiency of businesses outsourcing their IT requirements is well-established. It is common for both small and large companies to delegate their high-tech development to specialists abroad. Outsourcing helps businesses reach their goals faster and at a lower cost. …

Logistics digitization is not a fashionable trend but is an absolute necessity for companies that want to stay afloat in a highly… — Logistics digitization is not a fashionable trend but is an absolute necessity for companies that want to stay afloat in a highly competitive environment. During the Covid19 pandemic, the use of advanced technologies became even more relevant. This is partially explained by increased demand for online purchases and a much…

Online learning opens up endless opportunities for knowledge gaining. No matter where a person is located, they can access educational… — Online learning opens up endless opportunities for knowledge gaining. No matter where a person is located, they can access educational resources, contact experienced teachers, and obtain official qualifications. In addition, technological innovations transform e-learning into an increasingly comfortable learning environment. …

GIS stands for Geographic Information System. It creates, manages, analyzes, and maps data to provide valuable insights for tourists… — GIS stands for Geographic Information System. It creates, manages, analyzes, and maps data to provide valuable insights for tourists, farmers, shoppers, builders, logisticians, and more. In 2022, GIS market revenue reached $1,8 billion, which is more than twice as much as in 2014. Growing demand for GIS services indicates their…