Digital currency as a way to pay in an online shop
It turns "should we accept cryptocurrency?" into the concrete decisions a shop operator actually has to make.
Smart Cities: Importance of Management and Innovations for Sustainable Development
Digital transformation is not new software. It is a change in how a company earns, communicates and decides — software is only the consequence.
Electronic commerce is interesting because there is nowhere to hide a bad decision. If the checkout process is confusing, it shows up in the abandoned cart rate. If a payment method does not suit customers, they will not use it. The feedback is fast and merciless — a comfortable position for a researcher.
Digital transformation is the opposite. There the result shows up years later, and in the meantime almost anything can be declared a success. Which makes it all the more important to ask what exactly was supposed to change, and how we would recognise it.
I am interested in the business models of digital platforms — not what they look like, but what they live on. Then digital services and their classification, because without proper categories “digital service” can be said about anything. And finally data: who collects it, who understands it, and who actually makes decisions based on it.
This is the area that ties the other two together. Cryptocurrencies are ultimately a question of payments and trust in infrastructure. Artificial intelligence is a question of automating decisions. Both end up where digital transformation begins: at how an organisation works once the technology around it has changed.
It turns "should we accept cryptocurrency?" into the concrete decisions a shop operator actually has to make.
Smart Cities: Importance of Management and Innovations for Sustainable Development
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