Application of Digital Technologies in the Development of International Financial Relations: Opportunities and Disadvantages of Using Global Digital Financial Standards in Uzbekistan.
Year: 2024
Type: article
Abstract: It is no secret that in today's information age, the importance of digital technologies in ensuring the stability of the financial system in the world community is increasing significantly. The vast opportunities created by the implementation of digital technologies serve as a lever for sustainable development. Digitization creates a wide range of opportunities in many areas. With this, it is possible to achieve a structural change of the economy through new connections and partnerships, improvement of services, automation of tasks through artificial intelligence, and the emergence of platforms and new business plans. These factors are intended to increase efficiency and income, increase trade and many other areas. As the President of the Republic of Uzbekistan, Shavkat Mirziyoyev, said, «There is no future for the country’s economy without a digital economy».
Author: Mirzohamdamov, Abdurasul
Language: English
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W6911905724
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