Ecosystem transformation: regulatory approaches
INTERNATIONAL FINANCIAL CONGRESS 30 June 2021 Digitalization is changing our life rapidly: digital platforms and ecosystems are shaping a new standard of quality for search, sales, and services. The line between digital and physical is blurred, and when ordering something online, we expect the order to be at our doorstep in an hour. Such a merger of the two worlds opens up new development opportunities for merchants, including SMEs, and removes geographic barriers. Russia is one of the few countries in the world where domestic rather than international ecosystems occupy a leading position in the market, and perhaps the only one where the ecosystems were largely shaped by the financial sector. During the discussion, we will debate whether it is necessary to change regulations for the "platform economy", look for a balance between protecting the weaker players and letting the stronger ones develop, as well as between momentary convenience and long-term risks, and we will discuss which regulatory measures are most consistent with the classic principle of "First, do no harm". See more: https://ifcongress.ru/index/en
INTERNATIONAL FINANCIAL CONGRESS 30 June 2021 Digitalization is changing our life rapidly: digital platforms and ecosystems are shaping a new standard of quality for search, sales, and services. The line between digital and physical is blurred, and when ordering something online, we expect the order to be at our doorstep in an hour. Such a merger of the two worlds opens up new development opportunities for merchants, including SMEs, and removes geographic barriers. Russia is one of the few countries in the world where domestic rather than international ecosystems occupy a leading position in the market, and perhaps the only one where the ecosystems were largely shaped by the financial sector. During the discussion, we will debate whether it is necessary to change regulations for the "platform economy", look for a balance between protecting the weaker players and letting the stronger ones develop, as well as between momentary convenience and long-term risks, and we will discuss which regulatory measures are most consistent with the classic principle of "First, do no harm". See more: https://ifcongress.ru/index/en