Discover published sets by community

The practice of examining large databases to generate new information and find hidden patterns. This is invaluable for businesses in gaining insights but requires consideration of privacy laws and ethical use of data in policy.

A decentralized model whereby two individuals interact to buy or sell goods and services directly with each other, without an intermediary third-party. Businesses operating in this model often have lower overheads while policy must consider regulation of transactions and consumer protection.

A decentralized digital ledger that records transactions across many computers so the record cannot be altered retroactively. Implications for businesses include enhanced security and trust, while policy may need to adapt to govern decentralized networks and protect against illicit uses.

Self-executing contracts with the terms of the agreement directly written into code. These offer businesses efficiency and reduce need for intermediaries, yet policy must develop standards for legal enforcement and dispute resolution.

The network of physical objects that contain embedded technology to communicate and sense or interact with their internal states or the external environment. Businesses can massively benefit from efficiency and data, while policy has to consider security and privacy regulations.

An economic trend that uses online platforms to facilitate exchanges between parties, often as part of a sharing economy. For businesses, this offers new opportunities and competition; policy needs to address labor, taxation, and market regulation.

Extremely large data sets that may be analyzed computationally to reveal patterns, trends, and associations. Businesses can gain insights and improve decision-making, while policy must tackle issues around data privacy and security.

The gap between demographics and regions that have access to modern information and communications technology, and those that don't or have restricted access. This divide can create competitive disadvantages for businesses and is an issue for policy to address in terms of access to technology and skills.

A labor market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs. Businesses gain flexibility and reduced costs; policy has to consider worker rights, benefits, and social security systems.

An individual born or brought up during the age of digital technology and therefore familiar with computers and the internet from an early age. Businesses must adapt to the needs and behaviors of this demographic, while policy may focus on digital literacy and education.

A digital or virtual currency that uses cryptography for security and operates on decentralized networks based on blockchain technology. Businesses must understand its volatility and integration into payment systems, whereas policy needs to address taxation, legality, and financial monitoring.

The simulation of human intelligence processes by machines, particularly computer systems. AI offers businesses opportunities for automation and innovation but poses challenges for policy concerning ethics, employment, and oversight.

The process by which a business leverages data as an asset to generate revenue. This has economic benefits for businesses in targeting and optimizing services, but raises policy questions about data ownership, privacy, and value distribution.

The integration of digital technology into all areas of a business, fundamentally changing how the business operates and delivers value to customers. This can lead to more agile and efficient processes, with policy needing to support innovation while ensuring fair competition and protecting stakeholders.

The delivery of different services through the internet, including data storage, servers, databases, networking, and software. For businesses, this can reduce IT costs and increase scalability, while policy must deal with data sovereignty, security, and privacy.

Buying and selling of goods and services over the internet. E-commerce allows businesses to reach global markets, necessitating adaptation in marketing and logistics. Policy challenges include cross-border taxation and consumer data protection.

A business model where customers pay a subscription price to have access to a product or service. This model offers businesses predictable revenue and deep customer relationships, while policy needs to look at consumer rights and contract fairness.

Financial technologies that aim to improve and automate the delivery and use of financial services. Businesses can leverage fintech for efficiency and innovation, while policy makers must ensure consumer protection and regulate emerging services.

A currency that is available only in digital form. It contrasts with physical currencies like coins and banknotes. For businesses, digital currencies can reduce costs and increase speed, while policy must address issues of monetary control and digital security.