The digital economy is the worldwide network of economic activities, commercial transactions and professional interactions that are enabled by information and communications technologies. It can be succinctly summed up as the economy based on digital technologies; we use it and see it used in many forms mobile money, online banking, 3D and 3S. Digital platforms are on the rise, examples are Amazon, Uber, these companies connect market participants together in a virtual world where virtual money and digital money exchanges for peer to peer growth, and they reveal optimal prices and generate trust between strangers in new ways.
Local partnerships play an important role in the delivery of workforce and economic development activities in the United States, in the United Kingdom, in India and the continent of Asia. The partnership economy is made up of the people, services, and technologies that enable brands to generate revenue through partnerships like advertising for Iron trade and creating online content for Teal feed; partners receive payments and incentives as well as bonuses for tapping into their expertise, influencing and exerting authority to drive the partnership collaborations.
P2P also known as peer-to-peer economy is viewed as an alternative to traditional capitalism whereby organized business firms own the means of production and also the finished product, the firms act as decentralized intermediaries, selling finished goods and services to customers and hiring labor as necessary to carry out the production process. A P2P economy can exist within a capitalist economy, open-source software co-exist for services like Uber serving as alternative for taxi; some other services possible are hotels and inns; thus P2P activity goes on providing the necessary service including networking with buyers and sellers and processing payments but it is always possible to use private contractors to deliver services directly to customers.
Coding is an essential skill for most economists, many tools and packages that have been developed will help you to do better work more productively like understanding that after typing in the numbers of your personal bank card you will need to cross check over and over to be sure the card reads rightly otherwise it cannot be effective the transaction for one reason or another; when you are exhausted you will need to call out for help in the required sector where reasonable support can come in handy otherwise it amounts to nothing but waste of time, effort and energy.
Typically the right mind comes in ready to deliver on the promise because with economy figures and numbers have to tie, tally and bring to completion a simple transaction. Learning basic programming concepts in a language is very useful in every firm so it can be applicable in different firms and languages be it a multilingual country speaking three official languages and three hundred vernaculars or those with one language and culture.
