Question
Asked 1st Aug, 2019
  • Freelance

Do isolated ICT applications really work or is the requirement an overall educational transformation?

Our evidence suggests that unless the entire system is based upon digitalisation, even the most creative and well prepared ICT innovation offers little that is any of cost-effective, sustainable or widely replicable.

All Answers (3)

1st Aug, 2019
Olivier Serrat
Chicago School of Professional Psychology
Isolated ICT applications are indeed unlikely to cut much ice, in education as elsewhere. The components of what might be termed the "ICT ecosystem" include (i) the development of policy and regulatory frameworks, (ii) infrastructure, (iii) applications, and (iv) capacities and skills for ICT, with an eye also to standardization and information technology security.
1st Aug, 2019
Dariusz Prokopowicz
Cardinal Stefan Wyszynski University in Warsaw
Dear Mike Douse,
Yes, I agree, new innovative ICT applications are usually not autonomous programs, they can only function on predefined IT platforms and operating systems. Thanks to new, innovative applications, operating systems and devices, the Internet of Things becomes more useful and useful, enriched with new information functions. Unfortunately, producers of some popular operating systems do not make the full source code of these systems publicly available, ie in the open internet access. if this were done, the applications written for these systems could be better matched, digitally correlated, computed, work more stable and would be more then a sustainable development in the field of computer science. Unfortunately, producers of popular operational programs dominated the market of these systems on a global scale. In some types of applications, ie on personal, home and corporate computers, one corporation, ie Microsoft, dominates. The lack of developed competition does not allow for fully balanced development in this field. Similarly, in the field of information services offered on the Internet, where Google is the dominant entity, and competition is very limited. Small IT companies are trying to build their development on the formula of innovative startups, trying to create applications with new features that are not yet dominant on the market operating systems and dominant internet technology companies.
Best wishes

Similar questions and discussions

How can transactions using cryptocurrencies be formalised, institutionalised and made more secure?
Discussion
7 replies
  • Dariusz ProkopowiczDariusz Prokopowicz
How can cryptocurrency trading be formalised, institutionalised and made more secure?
How to build formalised and high-security transaction institutionalised cryptocurrency trading markets?
In recent years, many technology startups have based their growth and competitive advantage on business, technological, product, service, marketing or other innovations. Banks are reluctant to provide investment loans to emerging startups basing their growth on innovative technologies. In such a situation, innovative startups emerge and are financed through such external sources of funding as investment funds, business angels, securities issuance, crowdfunding and others. Crowdfunding will develop intensively in the future as an alternative to classic forms of external financing for business ventures. It is an alternative to the financial service offerings of financial sector institutions, particularly in the segment of financing innovative start-ups. Commercial banks operating within the framework of classic deposit and credit banking often avoid lending to innovative start-ups due to difficulties in assessing credit risk. In such a situation, crowdfunding can be a good solution to the problems of finding external funding. On the other hand, cryptocurrencies, which operate outside institutionalised and centralised financial systems, are growing in importance. Perhaps in the future, cryptocurrencies will displace traditional currency from online financial transactions between fintechs, financial institutions, innovative start-ups, online technology companies running social media portals and their customers, and between users of these online portals. In addition to this, it is becoming essential to improve the security of online financial transactions and settlements carried out through online mobile banking. In this connection, blockchain technology is developing as an application for securing online transactions and data transfer. An increasing number of large companies are announcing the creation of their own cryptocurrency. Some investment banks such as JP Morgan have announced the creation of their own cryptocurrency for settlements with key counterparties. The development and implementation of ICT information technologies, advanced data processing technologies Industry 4.0 and Internet technologies into the business activities of companies and enterprises facilitates the execution of financial operations on the Internet and ensures a high level of security of Internet data transfer. The development of technological innovations, ICT information technologies, advanced information processing technologies co-creating the current technological revolution Industry 4.0, financing through crowdfunding, securing online transactions with blockchain technology, the increase in the use of cryptocurrencies in these settlements, etc. are likely to be important determinants of the development of innovative, technological start-ups operating on the Internet and factors in the development of the knowledge economy in the years to come. Consequently, the development of open innovation is correlated with the issue of innovation and entrepreneurship development in the economy. A significant proportion of innovative startups develop their business model based on open innovation. On the other hand, in macroeconomic terms, the development of open innovation can be an important determinant of economic development in developing countries and in developed knowledge-based economies. In view of the above, research shows that the spread of open innovation and open knowledge bases is an important issue for building a sustainable economy in a technologically developed and developing country. A number of predictive studies show that cryptocurrencies will grow in importance in the future in financing various transactions and settlements carried out electronically, through the Internet, on social media, in investment banking, etc. Currently, many technology startups base their growth and competitive advantage on technological, product, service, marketing or other innovations. However, in order for the financing of new business ventures, innovative startups to develop using cryptocurrencies it is necessary to increase the scale of systemic formalisation and institutionalisation of transactions carried out using cryptocurrencies, to build formalised cryptocurrency markets and to increase the security of transactions carried out using cryptocurrencies in the future.
In view of the above, I address the following question to the esteemed community of scientists and researchers:
Can the planned taxation of cryptocurrency transactions be a first step for increasing the scale of systemic formalisation and institutionalisation of cryptocurrency transactions, building formalised cryptocurrency markets and increasing the future security of cryptocurrency transactions?
How to build formalised and highly secure transaction institutionalised cryptocurrency trading markets?
How can cryptocurrency transactions be formalised, institutionalised and made more secure?
What is your opinion on this topic?
What is your opinion on this subject?
Please respond,
I invite you all to discuss,
Thank you very much,
Warm regards,
Dariusz Prokopowicz

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