Digital Economy Terminology

noun a type of capitalism that is based on digital platforms

• Platform capitalism refers to the economic model where companies create value by facilitating exchanges between users on a digital platform.
• Platform capitalism is all about making money by connecting people through online platforms.
• In the world of platform capitalism, it's all about leveraging digital spaces to maximize profits.
• Just like a virtual marketplace, platform capitalism thrives on bringing buyers and sellers together in a digital ecosystem.

noun a noun is a word that represents a person, place, thing, or idea. 'information economy' is a noun phrase that refers to an economic system based on the production, distribution, and consumption of information and knowledge.

• The information economy refers to an economic system where information is the primary commodity.
• In today's world, the information economy plays a crucial role in shaping industries and markets.
• The gig economy is a prime example of how the information economy has transformed the way people work.
• Just like a currency, information in the economy can be traded and leveraged for various purposes.