Digital World

The Digital world:

The phrase digital world is most commonly used in when defining digital
fluency, and digital literacy. The digital world is the availability and use of
digital tools to communicate on the Internet, digital devices, smart
devices and other technologies.
Digital literacy refers to an individual's ability to find, evaluate, and
communicate information through typing and other media on various digital
platforms. It is evaluated by an individual's grammar, composition, typing
skills and ability to produce text, images, audio and designs using
technology. The American Library Association (ALA) defines digital literacy as
"the ability to use information and communication technologies to find,
evaluate, create, and communicate information, requiring both cognitive and
technical skills." While digital literacy initially focused on digital skills and
stand-alone computers, the advent of the internet and use of social media, has
resulted in the shift in some of its focus to mobile devices. Digital literacy
does not replace traditional forms of literacy, but instead builds upon and
expands the skills that form the foundation of traditional forms of
literacy. Digital literacy should be considered to be a part of the path to
• The articulation of the dominance of the use of technology in the
modern-day society.
• The human world – existing, emerging and probable – being
driven and transformed by technology.
• Virtual environment composed and developed by Internet
and digital devices. People can connect from any place of
the world through technology allowing access to all type of
information and communication.
• The state of digitalization of every field of life with the
acceleration of technological developments after 1980.
• The world of digital tools and technologies to inform and
communicate.
• The virtual environment that is constructed and developed
through computers and enhanced by the Internet, and contains
or allows processing and storing of digitalized data.
21st-century skills
List of three skill sets, or 21st century skills that individuals need to master in order to be digitally
literate:
• Information, media, and technology
• Learning and innovation skills and
• Life and career skills.
In order to be competent in Life and Career Skills, it is also necessary to be able to exercise
flexibility and adaptability, initiative and self-direction, social and cross-cultural skills, productivity
and accountability, leadership and responsibility.
The five types of literacies are encompassed in the umbrella term that is digital literacy.
1.Photo-visual literacy: the ability to read and deduce information from visuals.
2.Reproduction literacy: the ability to use digital technology to create a new piece of work or
combine existing pieces of work to make it your own.
3.Branching literacy: the ability to successfully navigate in the non-linear medium of digital
space.
4.Information literacy: the ability to search, locate, assess and critically evaluate information
found on the web and on-shelf in libraries.
5.Socio-emotional literacy: the social and emotional aspects of being present online, whether it
What is E-Commerce?
Electronic commerce (e-commerce) is often thought simply to refer to buying
and selling using the Internet; people immediately think of consumer retail
purchases from companies such as Amazon. But e-commerce involves much more
than electronically mediated financial transactions between organizations and
customers. E-commerce should be considered as all electronically mediated
transactions between an organization and any third party it deals with.
By this definition, non-financial transactions such as customer requests for further
information would also be considered to be part of e-commerce.
1 A communications perspective – the delivery of information, products or services
or payment by electronic means.
2 A business process perspective – the application of technology towards the
automation of business transactions and workflows.
3 A service perspective – enabling cost cutting at the same time as increasing the
speed and
quality of service delivery.
4 An online perspective – the buying and selling of products and information online.
The UK government also used a broad definition when explaining
the scope of e-commerce to industry:
E-commerce is the exchange of information across electronic
networks, at any stage in the supply chain, whether within an
organization, between businesses, between businesses and
consumers, or between the public and private sector, whether
paid or unpaid.

These definitions show that electronic commerce is not solely

restricted to the actual buying and selling of products, but also
includes pre-sale and post-sale activities across the supply chain.
E-commerce is facilitated by a range of digital technologies that
enable electronic communications. These technologies include
Internet communications through web sites and e-mail as well as
other digital media such as wireless or mobile and media for
delivering digital television such as cable and satellite.
• E-commerce frees companies from the limitations of
physical shops, making it easier for anyone to
participate.
• It allows businesses to explore new business models
and to scale quickly.
• Buyers benefit from an increasing number of choices as
well as greater personalisation and service.
• While B2B companies have been slow to adopt e-
commerce, there’s great opportunity for growth as
audience expectations continue to change.
The Digital Revolution-Evolution
• Digital communication began to be viable for economic reasons when the
personal computer was invented.
• The Digital Revolution was all about the conversion of analog technology to that
of the digital format. This would make it possible for copies of the original to be
made. For example, repeatable hardware was able to amplify the digital signal
and pass it on with no loss of information in the signal
• The turning point of the revolution was the change from analogue to digitally
recorded music. During the 1980s, the digital format of optical compact discs
gradually replaced analog formats, such as vinyl records and cassette tapes, as
the popular medium of choice.
Digital Revolution and Society
The "digital revolution" is impacting everything, from economy, innovation,
science and education, to health, sustainability, governance, and
lifestyles. Digital technologies will fundamentally change business models,
institutions and society as a whole, as new ecosystems emerge.
Digital platforms are recasting the relationships between
customers, workers, and employers as the silicon chip’s reach
permeates almost everything we do—from buying groceries online
to finding a partner on a dating website.
Consequently, many benefits come not simply from adopting the
technology, but from adapting to the technology. The advent of
electricity generation enabled power to be delivered precisely
when and where needed, vastly improving manufacturing
efficiency and paving the way for the modern production line.
Social Impact of the Digital
Revolution
The Digital Revolution has come with its fair share of negative and positive factors.
They are detailed as follows:
Positive aspects:
• Greater interconnectedness
• Easier communication
• Exposure of information that in the past could have more easily been suppressed.
• Without the advent of the internet, globalization would not be a feasible venture in
today’s world
• The revolution altered the way individuals and companies interact with each other.
Small and medium enterprises today have access to large markets of the world
• The adoption of digital technologies has resulted in a boost in economic
productivity and its allied activities.
• With the increase of technical advances, the digital revolution has created a
demand for new job skills.
Negative effects
• Information overload,
• The rise in Internet predators
• Forms of social isolation
• Media saturation
• Infringement in personal privacy
The Digital Economy
• The digital economy is an economy that is based on digital computing technologies,
but is often perceived as conducting business through markets based on the
internet and the World wide web. It is also known as the Internet Economy, New
economy, or Web Economy. The digital economy is intertwined with the traditional
economy, making a clear delineation harder. The digital economy results from
billions of everyday online connections among people, businesses, devices, data, &
processes. It is based on the interconnectedness of people, organizations, and
machines that results from the internet, mobile technology and the internet of
things (IoT). Without the Internet, the digital economy that the global economy runs
on would not exist in its current form. The digital economy means small businesses
can access new markets, reduce transaction costs, encourage financial inclusion and
boost exports.
• Small businesses, people living in rural areas, women and youth have the potential
to benefit from e-commerce and the digital economy.
Three main components of the digital economy concept can be identified:
• E-business infrastructure (hardware, software, telecom, networks, human capital,
etc.),
• E-business (how business is conducted, any process that an organization conducts
over computer-mediated networks),
So, What is the digital economy?
• Today, the digital economy is essentially any economic activity that
occurs online. It’s really a data-driven economy informed by the ability
to collect, use, and analyze massive amounts of machine-readable
information to deliver more personalized and meaningful experiences.
The digital economy allows companies to create new business models
and economic value in ways we couldn’t imagine 30 years ago. In fact,
at least two-thirds of executives say that digital business initiatives play
a significant role in achieving their top business objectives.
• The digital economy is the economic activity that results from billions of
everyday online connections among people, businesses, devices, data,
and processes. The backbone of the digital economy is
hyperconnectivity which means growing interconnectedness of people,
organizations, and machines that results from the Internet, mobile
technology and the internet of things (IoT).