Fintech or financial technology market is a rapidly developing industry in the world. It implies the provision of financial services through the internet and modern technologies. This industry is at the initial stage of development on the Georgian market as …
This research paper explores the impact of artificial intelligence (AI) on the global economy, with particular emphasis on its influence on gross domestic product (GDP). The paper begins with an overview of AI, followed by a discussion of its potential …
The target audience of the presented report is wide and may include any person interested in digitization of business activities. In particular, the report will address the following main issues: • Initial results of digital transformation of local startup activities …
International borders are slowly disappearing and discoloring in the technological field, especially against the background of rapid globalization. Therefore, the acquisition of international markets has become the focus of long-term development for almost all technological startups. One of the important …
E-commerce has not been limited by the short-term effects of the pandemic and continues to expand. In 2022, the number of e-commerce users increased faster than in the previous 2 pandemic years. Therefore, for the first time it exceeded the …
The number of e-commerce consumers increased in clothing industry (in 2022) compared to previous years. Market broadening is a result of increase in female consumers. Almost 3/4 of the visitors to the web pages of local online clothing stores are …
According to preliminary data, the volume of the e-commerce market in Georgia will exceed GEL 2.2 billion by 2022. Compared to 2021, this is a 7.8% increase in GEL, and a 17.5% increase if we calculate the product price in …
In the 21st century a large body of data has been accumulated, respective algorithms were developed and computer-calculating capacities have increased as a result of the technological process. The given experience clearly illustrated the role and significance of technologies in …
European Institue for Research & Development Conference
The Digital Silk Road significantly reduces the chances of a new global economic crisis and at the same time, offers many young people stable jobs. The growth rate of small business is 3 times higher if the company is led by digital 5G technologies.