Table of Contents
Preface ix
Chapter 1 Introduction to the Digital Economy 1
1.1 Digital Economy 1
1.2 Infrastructure for the Digital Economy 7
1.3 Data Center Evolution 11
References 13
Chapter 2 Cloud and Edge Computing 15
2.1 Cloud Computing 17
2.2 Edge Computing 19
2.3 High-Performance Computers 21
2.4 Quantum Computers and Quantum Communication 24
References 26
Chapter 3 5G Telecommunication 29
3.1 5G Communication Technologies 29
3.2 Software-Defined Network (SDN) 32
3.3 Private 5G 34
3.4 Beyond 5G 35
References 36
Chapter 4 Blockchain and Other Digital Economy Infrastructures 37
4.1 IoT Devices and Sensors 37
4.2 Semiconductors 40
4.3 Evolution of Computers Driven by AI 44
4.4 Blockchain 47
References 49
Chapter 5 Big Data and Artificial Intelligence 51
5.1 What is Artificial Intelligence? 51
5.2 How is Artificial Intelligence Created? 53
5.3 Machine Learning 55
5.4 Big Data 57
5.5 AI Applications 58
5.6 The AI Market 62
5.7 Governments Role in AI 63
5.8 European Approach to AI 64
5.9 Fusion of AI with Biotechnology 65
5.10 AI and Blockchain 67
References 68
Chapter 6 What's New in the Digital Economy? 71
6.1 Use of Blockchain to Secure IoT Data 71
6.2 Blockchain and Credit Card 74
6.3 Cross-border Retail Business 75
6.4 Counterparty Platform Dapps 77
6.5 AML & KYC 79
6.6 O2O Business 80
6.7 Third-Party Payment 82
6.8 Mobile Wallet and Payment Transfer 90
6.9 European Security Settlement Platform 91
6.10 Credit Rating System 93
References 99
Chapter 7 Financial Services Industries 103
7.1 Fintech 103
7.2 Blockchain and Fintech 106
7.3 Technology-Driven Fintech 108
7.4 Global Fintech Landscape 113
7.5 Major Global Fintech Companies 127
7.6 TechFin 131
7.7 Blockchain Technology for Banks 133
7.8 Crowdsale and Crowd Prediction 135
7.9 Building MDL for Financial Services 137
7.10 Digital Currency 139
References 141
Chapter 8 Trading and Lending 145
8.1 Security Trading 145
8.2 Commodity Trading 147
8.3 Energy Trading 148
8.4 Alternative Trading System 150
8.5 Peer-to-Peer Lending 152
8.6 Online Lending 155
8.7 Microlending and SME Lending 156
References 158
Chapter 9 Renewed Industries 161
9.1 Wealth Management 161
9.2 Insurance 166
9.3 Supply Chain Management 169
9.4 Healthcare 171
9.5 Food Industry 173
9.6 Defense Industry 174
9.7 Cybersecurity 176
9.8 Autonomous Vehicles 178
References 180
Chapter 10 Industrie 4.0 183
10.1 The Fourth Industrial Revolution 184
10.2 Equipment Automation 185
10.3 Factory Automation 186
10.4 Data Automation 187
10.5 From Product Design to Market 189
References 189
Chapter 11 Smart City 191
11.1 What is a Smart City? 191
11.2 Smart City Projects in the World 194
11.3 Smart City Project - Transportation 196
11.4 Smart City Project - Utility Management 197
11.5 Smart City Project - Crime Prevention 198
11.6 Smart City Project - Healthcare and Disease Prevention 199
References 200
Chapter 12 Governance, Legal Applications, and Regulation 201
12.1 Governance and Voting 201
12.2 Regulatory Applications and Issues 204
12.3 Overcoming Privacy Issues in Data Collection 206
12.4 Land Title Registration and Real Estate 207
12.5 Law and Justice 209
12.6 Protection of Intellectual Property 211
References 212
Chapter 13 Conclusion 215
13.1 Near-Future Positive Impact 215
13.2 Future Job Market 217
13.3 Wealth Redistribution 218
13.4 Technology-Empowered Extremism 221
13.5 Longer-term Impact 222
References 223
Index 225
