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New Economies: Who’s In Control?

Kosta Peric is head of innovation for SWIFT, the Society for Worldwide Interbank Financial Telecommunication. He says the Internet and social media have fueled creation of several new types of economies, including the trust, intention, relationship, social and ethical economies. Peric: “We’re moving to an environment where a pure, traditional transaction economy will coexist with other economies based on trust and different values” In the future, rather than consumers asking retailers to pitch products, retailers will reach consumers, based on their “intentions””]

Source: https://www.cuinfosecurity.com/new-economies-whos-in-control-a-4312

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