Digital World Wars and Pandemic

Ferhat Ünlükal
3 min readOct 8, 2020

Dear Friends,

Medium was a platform that I wanted for a long time but could not write.

Since the early 2000s, I have been trying to develop business models by evaluating and reporting technological developments on a weekly basis and combining them with company strategies.

This morning, I started the day by asking to do something different. I wanted to share with you a little bit of freelance testing and my first post on Medium. I thought that starting from the Financial technologies topics I know best, might attract you to the article.

With the effect of the pandemic period, cash use in the world begins to decrease.

Electronic commerce comes to the fore and the importance of marketplaces is increasing. E-commerce is shifting to market places in small businesses.

Success in financial technologies lies in the scaling of the business and the excellence of experience.

Scaling comes from small and medium-sized businesses so that people can use payment and digital infrastructures at every point of their lives.

While small and medium-sized businesses are the key to scaling, their digitization and simplification of their lives with value-added services enable the systems to be used and scaled repeatedly.

The Far East provides the payment and digital life infrastructure to reach end users with the spread of Xiaomi, Oppo and Huawei phones under $ 200. 53% of the market is getting acquainted with mobile payments and services through smartphones.

Due to the fact that the American and European markets have more regulation-dependent infrastructures, large corporate structures and standards, technology companies are transforming the existing payment players bank and card networks more effectively.

The founder of Alibaba explains the relationship between regulation and innovation very well with his words “If your customers love you, the government will have to love you”.

The products that regulators work with many parties and that Chinese manufacturers use in every aspect of our lives come against the standards and regulations. While Western markets are trying to set IoT standards, Xiaomi has set and scaled the speaking standards of the broom, smart wristbands, lamps and smartphones inside our home.

This is one of the reasons for the trade wars between America and China.

America is uneasy and naturally wants to take precautions about the replacement of money, weapons and technology, which are its biggest export items, by another power.

It is trying to establish its own digital dominance by supporting Xiaomi, Huawei, Alibaba and Tencent companies in a way that can spread its advanced technology moves in many areas in China to more people.

China; India, Thailand, Korea, Philippines, Pakistan, Bangladesh have taken under digital domination.

While America has been holding the world trade for a long time, the European Union is trying to offer the Euro currency by uniting, China is trying to achieve this by rapidly spreading its digital infrastructures and creating its digital currency.

When the balances change on the money and technology front, the other parameter is weapons and war.

It is useful to read the Eastern Mediterranean and Caucasian issues within this framework.

East of France in the Mediterranean, Greece and Turkey in the Caucasus, Azerbaijan, Armenia and tension, Nagorno-Karabakh and parts of a new game plan events in Kyrgyzstan.

Weapons and war come to the fore for the protection of existing interests by managing and frightening change, but of course, there is money and technology to change its direction.

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