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Finance and Technology-Integrated Digital Economy: Circular Age of a Sustainable Digital Revolution
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Author(s): Pankaj Trivedi (Faculty of Commerce and Business Studies, Somaiya Vidyavihar University, Mumbai, India), A. Ravisankar (Department of Management Studies (MBA), Erode Sengunthar Engineering College (Autonomous), Erode, India), Gajula Praveen Kumar (Department of Agribusiness Management, Sri Sri University, Cuttack, India), V. Krishnamoorthy (Department of Management Studies, Kongu Engineering College, Perundurai, India), Suchita Shukla (Department of Management Studies, Harcourt Butler Technical University, Kanpur, India)and Sampath Boopathi (Department of Mechanical Engineering, Muthyammal Engineering College, Namakkal, India)
Copyright: 2024
Pages: 30
Source title:
Navigating the Circular Age of a Sustainable Digital Revolution
Source Author(s)/Editor(s): Umair Tanveer (University of Exeter, UK & Ho Chi Minh City University of Economics and Finance, Ho Chi Minh City, Vietnam), Shamaila Ishaq (University of Derby, UK), Truong Quang Huy (RMIT University, Vietnam)and Thinh Gia Hoang (RMIT University, Vietnam)
DOI: 10.4018/979-8-3693-2827-9.ch004
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Abstract
The digital economy is changing as a result of the combination of technology and money, which is encouraging sustainable behaviors and creative financial solutions. The circular economy concepts and fintech innovations—such as digital currencies, blockchain, and AI-driven services—in traditional banking and investment management are highlighted in this chapter. The goals of technology-driven practices like blockchain and IoT, as well as sustainable finance efforts like green bonds and ESG standards, are to build a more resilient economy and encourage environmentally conscious investment. The digital revolution, propelled by big data, artificial intelligence, and the Internet of Things, is changing economic dynamics and upending sectors. The concepts of the circular economy provide novel strategies and frameworks for sustainable growth.
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