Amidst the fourth industrial revolution, the world has become digitally interconnected and the lives of people have eased owing to the digital revolution that was witnessed at the turn of the century. The global shift and smooth adoption of digital solutions have triggered a transformation in all segments of the economy as the financial sector, entertainment industry, retail and other segments are all dependent on it.
While this has given people access to wider range of options for almost everything, the digital revolution also poses a threat as it can be used as a weapon as well. Just like the Organisation of Petroleum Exporting Countries (OPEC) used oil as a weapon during the Yom Kippur war and suspended its supply to Western nations, global technology giants are weaponising technology to mount pressure on Russia to call off its war in Ukraine.
Within days of Russia’s invasion of Ukraine, which according to Kremlin was a military operation in its neighbouring country, multiple technology giants announced suspension of services in Russia in order to pressurise Moscow to withdraw its forces in Ukraine. This is a prime example of how technology can be used as tactics in the modern world.
Prominent tech companies that pulled out of Russia include PayPal, Visa, Mastercard, Swift, Uber, Bolt, PayPal, Airbnb and Apple.
Russia is the world’s 10th largest country and its relatively large population (145 million) is highly dependent on foreign tech solutions for their daily needs....
Read Full Story: https://www.brecorder.com/news/40175789
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.