Discuss the importance of digitalization in globalization
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Discuss the importance of digitalization in globalization
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We define digital globalization as the state of a digital form of globalization that connects nations, industries, companies, and individuals around the world through flows of data, information, ideas and knowledge, and through flows of goods, services, investment, and capital that are digitally enabled or supported.
digitalization is very much important as, it helps businesses reach or contact each other easier with cheaper costs. Because of digitalization online banking was developed, a new easier and safer way of banking or storing your money
They allow you to send money which reduces the time spent waiting on line, very beneficial to us since we can safely transfer funds without having to be in line in a crowd, Though there were occurrences of a bank being hacked after some investigations those victims were the ones at fault on why they were hacked.