BASIC COMPONENTS OF THE DIGITAL BUSINESS: CRUTOCURRENCY, BLOCKCHAIN, CLOUD TECHNOLOGIES AND INTERNET OF THINGS

Year 2020, , 97 - 105, 29.08.2020

Vagif Gasimov , Shahla Aliyeva

https://doi.org/10.46519/ij3dptdi.734633

Cited By: 2

Abstract

The article discusses the main components of digital business, including the digital economy. The article analyzes the current state, prospects for the development and application of cryptocurrencies, blockchain, cloud technologies and the Internet of things. The inevitability of implementation and application of these technologies everywhere during the Fourth Industrial Revolution (Industry 4.0) is noted. Therefore, it is important to study the possibilities of these technologies, the benefits presented by these technologies for the implementation of digital business. The article also discusses cybersecurity issues that arise as a result of the implementation and application of these technologies.

Keywords

digital economy, digital industry, crutocurrency, blockchain, cloud technologies, internet of things.

References

• 1. Nesterenko E.A., Kozlova A.S. “Направления развития цифровой экономики и цифровых технологий в России] [Directions for the development of the digital economy and digital technologies in Russia” [article in Russian], "Economic security and quality" scientific and practical journal, No. 2 (31), Pages 9-14, 2018.
• 2. Nurmukhametov R.K., Stepanov P.D., Novikova T.R. “Технология блокчейн и ее применение в торговом финансировании” [Blockchain technology and its applying in trade finance] [article in Russian], Financial Analytics: Science and Experience, Vol. 11, iss. 2, pp. 179-190, 2018.
• 3. Fedotov V.V., Emelyanov B.G., Tipner L.M. “The concept of blockchain and the possibility of its use”, European science, No. 1 (33), Pages 40-48, 2018.
• 4. Anokhin N.V., Shmyreva A.I. “Cryptocurrency as an instrument of the financial market”, Ideas and ideals, No. 3, Vol. 2, Pages 39-49, 2018.
• 5. Ageev A.I. “Cryptocurrencies, markets and institutions”, Economy Strategies, Moscow, Vol. 20, No. 1, Pages 94-107, 2018.
• 6. Allahverdiyev F. “Dördüncü sənaye inqilabı (4.0 Sənayesi): Azərbaycan üçün perspektivlər “ [The Fourth Industrial Revolution (Industry 4.0): Perspectives for Azerbaijan] [article in Azeri], https://az.trend.az/business/it/2985579.html.
• 7. Viktorova N.G., Shukhov F.G. “Цифровая экономика: развитие облачных технологий в России и за рубежом” [Digital economy: development of cloud technologies in Russia and abroad] [article in Russian],, Electronic scientific journal "Century of quality", №2, Pages 81-90, 2019.
• 8. Makhmudov R.Sh. “Bulud texnologiyası iqtisadiyyatının mövcud vəziyyətinin təhlili və inkişaf perspektivləri“ [Analysis of the current state and prospects for the development of the cloud technology economy] [article in Azeri], Problems of the information, №2, Pages 14-23, 2014.
• 9. “Cloud Computing and Digital Marketing”, https://xcluesiv.com/cloud-computing-and-digital-marketing/.
• 10. “David Wicks. Impacts of Cloud Computing in Online Marketing”, http://digital marketing magazine.co.uk/digital-marketing-features/impacts-of-cloud-computing-in-online-marketing
• 11. Konstantinos K. and etc. “Cloud computing and economic growth”, https://www.researchgate.net/ publication/282573827_Cloud_computing_and_economic_growth
• 12. “The Ultimate Guide to Digital Marketing”, https://www.digitalmarketer.com/digital-marketing/assets/pdf/ultimate-guide-to-digital-marketing.pdf
• 13. “Cloud Computing Overview Map”, https://www.matthewb.id.au/computer/Cloud-Computing-Overview.html
• 14. Gasimov V.A., Amashov Y.A. “Əşyaların İnterneti kibertəhlükəsizliyə yeni təhükə kimi” [The Internet of things as a new threat to cybersecurity] [article in Azeri], Materials of the II Scientific and Practical Conference of Youth with International Participation. National Aviation Academy of Azerbaijan Republic, Pages 69-71, Baku, 21-23 February 2017.