Digital transformation continues to create new growth opportunities for businesses and improve the lives of citizens. To help businesses seize these opportunities, the Infocomm Media Development Authority (IMDA) launched the Digital Economy Framework for Action in 2018. This living document aims to enhance Singapore's digital competitiveness and become a global node in Asia.As part of Singapore's push for a Digital Economy, IMDA and the Singapore University of Social Sciences have collaborated to jointly publish the Artificial Intelligence, Data and Blockchain in a Digital Economy, First Edition. This book explains how frontier technologies such as blockchain and artificial intelligence can empower Singapore's digital transformation. It also highlights and provides insights on transformative services and how frontier technology can impact the nation's digitalisation journey.

Financial Management in the Digital Economy adopts an integrated approach to synthesize the various areas in finance into a consolidated framework and implements the theories and practices in the world of digital economy. The first part of this book extends the fundamentals of asset management to digital assets, and also covers topics like cryptocurrency and blockchain technology. The next part of the volume discusses the concept of financial inclusion, digital innovations and technology-enabled business model innovations in the financial sector.This book reviews the finance and FinTech ecosystem to provide insights into the most important technological developments in the financial services to better understand the future trends, challenges as well as opportunities for both the incumbents and the start-ups in the fast-changing finance world.

'A masterful narration on the digitization of property in China.'Tan YinglanFounding Managing PartnerInsignia Ventures Partners, Singapore'...captures the fascinating story of 'smart city initiatives' and tells you all you need to know.'Ben ShenglinProfessor & DeanInternational Business SchoolZhejiang University, Hangzhou'...smartly combines economics, geo-politics, finance and real estate.'Joshua VargheseFounding Partner, Axia Real Assets, TorontoLong-planned advances in China — in 5G, blockchain, central bank coins, and SME superapps — have coalesced into a new world of digitized, tokenized, and tradable assets. New digital mega-projects like the Blockchain Service Network, smart cities, and new foreign exchange digital rails are animating physical assets: offices, warehouses, homes, and farms. Powered by a network of sensors, AI, and distributed trust, property has digitized wings. The resulting inflow of data from every part of the 'built' world will create new industries, uproot traditional finance, and transform cities.The global trade war is not just a re-ordering of technology: it's a re-ordering of cities. Nations which export this digital technology first will alter the digital fabric of the developing world. A digital Non-Aligned Movement is afoot! One way for the US to catch up is public-private partnerships between Silicon Valley and DC — or just 'copy' China. This book explores the many people and companies, large and small, which are blazing new trails in China's 'Internet of Everything' to transform the way we live, buy, and move.

This book covers the growing convergence between Blockchain and Artificial Intelligence for Big Data, Multi-Agent systems, the Internet of Things and 5G technologies. Using real case studies and project outcomes, it illustrates the intricate details of blockchain in these real-life scenarios. The contributions from this volume bring a state-of-the-art assessment of these rapidly evolving trends in a creative way and provide a key resource for all those involved in the study and practice of AI and Blockchain.

Innovative as it is, the blockchain technology is getting more and more attention and an increasing number of applications have emerged. This book elaborates on both the design thinking ideas and technical details in blockchain and smart contracts to help readers delve into the conceptual framework and understand why blockchain is designed as such and how it makes the current system decentralised yet effective. Having this understanding lays the ground for further analysis of blockchain-based solutions and innovative fintech applications.Topics covered in this book include blockchain structure, blockchain ecosystem, design thinking for blockchain, smart contract, fintech and financial services, solution-based problem solving, fintech valuation, and current issues faced such as privacy protection and solution selection, with the aid of real-life examples and hands-on exercises.Blockchain and Smart Contracts serves as a valuable guide for researchers and practitioners who have interests in the blockchain, smart contract, fintech innovation and applications, design thinking, and technical details. This book is particularly written for anyone who has no technical background and is searching for an initiation into the deep end of blockchain. Those with business, finance and economic interests will find this interesting and easy to digest.

The Emerging Business Models describes current issues that the business leaders and professionals are facing, as well as developments in digitalization. This book consisting of 10 chapters introduces the new technology trends and challenges that businesses today face. The authors cover several increasingly important new areas such as the Fourth Industrial Revolution, Internet of Things (IoT), financial technology (FinTech), social media, platform strategy, analytics, artificial intelligence (AI) and many other forces of disruption and innovation that shape today's realities of the world.These digital transformations are taking place at an exponential rate. The speed of innovations and breakthroughs is disrupting the traditional businesses. A better understanding of the changing environment in the new economy can enable business professionals and leaders to recognize realities, embrace changes, and create new opportunities — locally and globally — in this inevitable digital age.

This textbook focuses on distributed ledger technology (DLT) and its potential impact on society at large. It aims to offer a detailed and self-contained introduction to the founding principles behind DLT accessible to a well-educated but not necessarily mathematically oriented audience. DLT allows solving many complicated problems arising in economics, banking, and finance, industry, trade, and other fields. However, to reap the ultimate benefits, one has to overcome some of its inherent limitations and use it judiciously. Not surprisingly, amid increasing applications of DLT, misconceptions are formed over its use. The book thoroughly dispels these misconceptions via an impartial assessment of the arguments rooted in scientific reasoning.Blockchain and Distributed Ledgers: Mathematics, Technology, and Economics offers a detailed and self-contained introduction to DLT, blockchains, and cryptocurrencies and seeks to equip the reader with an ability to participate in the crypto economy meaningfully.

Inclusive Disruption serves as a primary guide to help readers understand what financial technology is and how it has evolved to change the future financial landscape. The central ideas of fintech are explained in details, with topics ranging from distributed innovation, inclusive blockchain to decentralised inclusive technologies.The book also gathers the views of key opinion leaders and cutting-edge practitioners who are at the forefront of fintech development. Therefore, it not only presents useful insights about financial technology but also represents an invaluable source of knowledge for readers who are interested in fintech.

Along with the maturing of blockchain technology, the scope of Web3 has been expanding from hash rate to crypto market, then from crypto market to metaverse. This book introduces the origin of the Web3 concept, before looking into the infrastructure of Web3, namely the blockchain and its main applications — the development of which started from the genesis block of BTC to date. The book also covers the key developing tracks of the current Web3 world, including DeFi, NFT, GameFi, DAO and Metaverse. A review of the 'twins' of Web3 — investors and regulators — in the regulation of this field wraps up the discussion.

The OECD Digital Economy Outlook 2020 examines trends and analyses emerging opportunities and challenges in the digital economy. This third edition of the OECD Digital Economy Outlook provides a holistic overview of converging trends, policy developments and data on both the supply and demand sides of the digital economy. It illustrates how the digital transformation is affecting economies and societies. Finally, it provides a special focus on how the COVID-19 pandemic is amplifying opportunities and challenges from the digital transformation.