Digital Cubic Space as a New Economic Augmented Reality
DOI:
https://doi.org/10.15407/scine16.03.092Keywords:
augmented reality, BlockChain, digital cubic space, digital services portals, FinTech, virtual realityAbstract
Introduction. Digital cubic space implies the formation of new economic augmented reality into socio-economic life at various levels of economic aggregation, thus accelerating the digitalization of Ukrainian economy.
Problem Statement. Taking into account the existing R&D developments in the field of knowledge of digital economy, not yet learned is transformation of digital technologies at the enterprise, based on the introduction of innovative changes such as BlockChain, FinTech, front office, back office, middle office, omni-business.
Purpose. Disclosure of the content of digital cubic space as a new economic complemented reality and presentation of its characteristics through the knowledge of qualitative functioning of FinTech’s and the peculiarities of BlockChain, the formation of which occurs during the digitization of the economy, for the purpose of creation of digital products/services.
Materials and methods. Based on the dialectic, system and matrix methods, digital cubic space becoming a new supplemented reality during the digitization of Ukrainian economy has been studied. A comparison of innovative development ratings that affects the speed of digitalization in individual countries around the world has been used.
Results. By analogy with the construction of well-known Rubik’s cube, author’s proved that the formation of an efficiently functioning digital economy is possible in conditions of simultaneous harmonic relations “science-business-government-education” resulting in a special environment — digital cubic space of new economic augmented reality. The FinTech 1.0, FinTech 2.0, FinTech 3.0, FinTech 3.5 technologies have been distinguished. The author’s interpretation of the content of digital economy and the category “digital cubic space” has been proposed. The distinction between virtual, extended, expanded, improved, enriched, mixed realities is indicated.
Conclusions. Digital cubic space forms a new economic augmented reality at the expense of digital discoveries, the volume of the market of digital products/services. Such institutions are included in the driving forces of digital cubic space: digital hubs, digital platforms, digital currency, FinTech, RegTech, SupTech, new industrial technology Industry 4.0.
References
Koliadenko, S. V. (2016, October). Joined at the hip: Theoretical aspects of digital economy as a science. Poster session presented at the VII International Scientific and Methodical Conference “Forum for Young Cyber Economists – Modeling of the Economy: Problems, Trends, Experience”. Ternopil. [in Ukrainian].
Azuma, R. (1997). Joined at the hip: A survey of augmented reality presence. Teleoperators and Virtual Environments, 8, 355–385 [in English].
https://doi.org/10.1162/pres.1997.6.4.355
Aizekson, V. (2017). Innovators: as a group of hackers, geniuses and gurus, it has made a digital revolution. Kyiv: Our format.
Milgram, P., Kishino, A. F. (1994). Taxonomy of Mixed Reality Visual Displays. IEICE Transactions on Information and Systems, 12, 1321–1329.
Bilous, O. H. (2014). Global structural crisis and transformation of financial world-system. Finansy Ukrainy, 4, 32–46 [in Ukrainian].
Vyshnevskyi, V. P., Viietska, O. V., Harkushenko, O. M., Kniazev, S. I., Liakh, O. V., Chekina, V. D., Cherevatskyi, D. Ya. (2018). Smart industry in the era of digital economy: prospects, directions and mechanisms of development. Kyiv: Institute of Economics of Industrial Design [in Ukrainian].
Liashenko, V. I., Vyshnevskyi, O. S. (2018). Digital modernization of the Ukrainian economy as an opportunity for breakthrough development.
URL: http://hdr.undp.org/sites/default/files/reports/271/hdr_2011_en_complete.
(Last accessed: 12.01.2019) [in Ukrainian].
Vasylenko, N. V. (2017, May). Joined at the hip: Digital economy: concepts and reality. Poster session presented at the International Scientific and Practical Conference “Innovative Clusters in Digital Economy: Theory and Practice” Saint Petersburg [in Russian].
Hroismam, V. The digital economy is capable of rapidly increasing GDP. Novyny ekonomiky.
URL: http://ua-ekonomist.com/16214-cifrova-ekonomka-zdatna-strmko-pdvischiti-.
(Last accessed: 11.01.2019) [in Ukrainian].
Egorov, N. E. (2011). Conceptual framework for building a model of a regional innovation system based on the cluster approach. Innovation, 8(154), 89–91 [in Ukrainian].
Kupryianovskyi, V. P., Syniagov, S. A., Klymov, A. A., Petrov, A. V., Namyot, D. E. (2017). Digital supply chains and blockchain-based technologies in a collaborative economy. International Journal of Open Information Technologies, 5(8), 80–95 [in Ukrainian].
Kupryianovskyi, V. P., Dobrynin, A. P., Syniagov, S. A., Namyot, D. E. (2017). A coherent transformation model in digital economy – how to become digital leaders. International Journal of Open Information Technologies, 5(1), 26–33 [in Ukrainian].
Digital Advent of Ukraine 2020 (“Digital Agenda” – 2020). Conceptual basis (version 1.0). Priority areas, initiatives, projects of “digitalization” of Ukraine by 2020 (2016, December). HITECH office.
URL: https://ucci.org.ua/uploads/files/58e78ee3c3922.pdf
(Last accessed: 5.01.2019) [in Ukrainian].
Leonenko, P. M., Kraus, N. M. (2016). Financial support of innovation activity in Ukraine for technological developments. Finansy Ukrainy, 4, 50–64 [in Ukrainian].
Paton, B. Ye. (2016). National Paradigm of Sustainable Development of Ukraine. Kyiv: State institution “Institute of Natural Resources Economics and Sustainable Development of National Academy of Sciences of Ukraine” [in Ukrainian].
Kupryianovskyi, V. P., Sukhomlyn, V. A., Dobrynin, A. P., Raykov, A. N. (2017). Digital economy skills and education challenges. International Journal of Open Information Technologies, 5(1), 19–25 [in Ukrainian].
Khimich, O. M., Ivlichev, V. P., Malchevskyi, I. A., Bespalov, S. A., Pustovoit, M. M., Holotsukov, H. V., Shchetynin, I. Ye., Nikolenko, D. I., Ivanov, S. M., Kirsanov, V. F. (2018). Fundamentals of distributed information technology support for scientific and organizational activities of the National Academy of Sciences of Ukraine. Science and Innovation, 14(1), 53–66 [in Ukrainian].
https://doi.org/10.15407/scine14.01.047
Augmented reality. UPL: https://uk.wikipedia.org/wiki/Augmented reality
(Last accessed: 15.11.2018) [in Ukrainian].
The Global Competitiveness Report 2017–2018: World Economic Forum (Ed. Professor Xavier Sala-i-Martín). Columbia University Chief Advisor of The Global Competitiveness. Geneva.
URL: http://www3.weforum.org/docs/GCR2017-2018/05FullReport/TheGlobalCompetit.
(Last accessed: 02.12.2018) [in Ukrainian].
Efimushkin, V. A., Ledovskikh, T. V., Shcherbakova, E. N. (2017). Infocommunication technological space of the digital economy. T-Comm: Telecommunications and transportation, 11(5), 15–20 [in Ukrainian].
Ukraine 2030: Doctrine of balanced development. (2017). Lviv: Kalvariia.
Rubik’s Cube. URL: https://uk.wikipedia.org/wiki/Rubik’s Cube
(Last accessed: 12.11.2018) [in Ukrainian].
FinTech, RegTech and SupTech: What They Mean for Financial Supervision. Toronto Leadership Centre.
URL: http://res.torontocentre.org/guidedocs/FinTech%20RegTech%20and%20SupTech.
(Last accessed: 12.01.2019).
Arner, D., Barberis, J., Ross P. (2015). The Evolution of Fintech: A New Post-Crisis Paradigm? University of Hong Kong Faculty of Law Research Paper. 2015/047, 1272–1319.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Copyright Notice Authors published in the journal “Science and Innovation” agree to the following conditions: Authors retain copyright and grant the journal the right of first publication. Authors may enter into separate, additional contractual agreements for non-exclusive distribution of the version of their work (article) published in the journal “Science and Innovation” (for example, place it in an institutional repository or publish in their book), while confirming its initial publication in the journal “Science and innovation.” Authors are allowed to place their work on the Internet (for example, in institutional repositories or on their website).
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
