» Month: January 2021

Month: January 2021

Knowledge Nugget #2: Blockchain

Knowledge Nugget #2: Blockchain

The term blockchain can literally be explained as a chain of blocks. A blockchain is a continuously expandable list of data records, the so-called "blocks", which are linked together using cryptographic methods. Each block typically contains an encrypted hash (stored...

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Knowledge Nugget #1: Platform Economy

Knowledge Nugget #1: Platform Economy

In the broadest sense, the platform economy could be described as Internet-based business models, namely digital marketplaces that bring providers and customers together. Transaction costs are low, and prices and quality are transparent. So far, the term describes...

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