Features of the Russian raw and cut diamonds business digitalization

DOI

10.2991/mtde-19.2019.24How to use a DOI?

Keywords

digitalization, information infrastructure, technological backlog, evaluation, gem industry, entry barriers, database technology blockchain

Abstract

A digital economy enters the industry. The article represents the digital transformation features of economic system of the participants of the Russian raw and cut diamond market. Various levels of digital technologies readiness and implementation into industrial production of the diamond industry of the countries participating in the global market determine the relevance of studying the project entry barriers. The raw and cut diamond of Russia intends to participate in the project of the Tracr digital platform development based of the blockchain technology. The author has considered conditions, opportunities and difficulties the enterprises of raw and cut diamond business of Russia will face with, in case of participation in the Tracr project. The entrance barriers with respect to business digitalization are highlighted. The new threats and challenges are identified, which can limit the implementation of the Russian raw and cut diamond business digitalization.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - E.E. Grigoryeva
AU  - N.R. Sentizova
PY  - 2019/05
DA  - 2019/05
TI  - Features of the Russian raw and cut diamonds business digitalization
BT  - Proceedings of the 1st International Scientific Conference "Modern Management Trends and the Digital Economy: from Regional Development to Global Economic Growth" (MTDE 2019)
PB  - Atlantis Press
SP  - 131
EP  - 134
SN  - 2352-5428
UR  - https://doi.org/10.2991/mtde-19.2019.24
DO  - 10.2991/mtde-19.2019.24
ID  - Grigoryeva2019/05
ER  -