Tens of millions of businesses, particularly smaller enterprises, depend on digital markets, with an estimated 1.9 billion people worldwide purchasing goods online, amounting to US$3.5 trillion of sales in 2019
Objects are increasingly digitally connected, enabling them to respond to their context, and to relate to each other in shaping integrated functions and networked intelligence. Mobile platforms and data analytics are bringing sophisticated financial services to mass markets
Governments are digitalizing public finance whilst a third of US public equities trades are executed by computer-managed funds. Fintech-powered start-ups, financial service providers, and ecommerce, social media and search platforms are all part of the disruptive wave.
“Digital technologies are rapidly transforming society, simultaneously allowing for unprecedented advances in the human condition and giving rise to profound new challenges.“
UN Secretary General’s High-Level Panel on Digital Cooperation