The purpose of this study was defined as to explore the contribution of digitalization (the role of digital technology) in community rural development and banking with a critical look at review of Ant Financial and Alibaba`s case study which provides an overview of the FinTech-based on digital technology.
In the era of technical advancement, where everything revolves around the ``e`` world, digitalization has spread its wings over all the spheres of life.The immense use of digital devices and our growing dependency on them clearly states that digitalization is the need of the hour and has great potential to revolutionize the social-economic growth parameters thus, forming a symbiotice relationship with all inclusive growth and sustainable development.
It has become that important instrument which has simplified the functioning and processes in various areas like administration, regulation, planning and operations of the socio-economic domain by ultimately enriching the quality of life.This very feature of the digital age results in sustainable development as when the societies are digitally empowered, they are more Conscious, Connected, Compliant, Collaborative and Content towards their own growth and in return they work in tandem as responsible resources for nation`s future prospects.
Inhaltsverzeichnis (Table of Contents)
- Abstract
- Acknowledgements
- Dedication
- List of Abbreviations
- Chapter 1: Introduction
- 1.1 Digitalization and Sustainable Development
- 1.2 The Role of Digital Technology in Community Development
- 1.3 The Impact of Digitalization on Banking
- Chapter 2: The Case Study of Ant Financial and Alibaba
- 2.1 Ant Financial and its Impact on China's Financial Network
- 2.2 Alibaba's Rural Taobao Strategy
- 2.3 Taobao Digital Rural Service Hubs
- Chapter 3: The Future of Digitalization in Community Development and Banking
- 3.1 The Role of Fintech in Financial Inclusion
- 3.2 Challenges and Opportunities for Digitalization in Rural Areas
- Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This study aims to analyze the impact of digitalization on community development in rural areas and the future of banking, particularly focusing on the case of Ant Financial and Alibaba in China. It investigates how digital technology is revolutionizing financial services and facilitating inclusive growth in underserved rural communities.
- The role of digital technology in community development
- The impact of digitalization on the banking sector
- The case study of Ant Financial and Alibaba's digital financial hubs
- The potential of fintech to enhance financial inclusion
- Challenges and opportunities for digitalization in rural areas
Zusammenfassung der Kapitel (Chapter Summaries)
Chapter 1: Introduction
This chapter introduces the concept of digitalization and its impact on sustainable development. It explores the role of digital technology in community development and examines the transformations taking place in the banking sector due to digitalization.
Chapter 2: The Case Study of Ant Financial and Alibaba
This chapter delves into the case study of Ant Financial and Alibaba, showcasing their innovative approach to digital financial services in China. It highlights their efforts to expand financial inclusion in rural areas through initiatives like Taobao's rural strategy and digital service hubs.
Chapter 3: The Future of Digitalization in Community Development and Banking
This chapter explores the future prospects of digitalization in community development and banking. It examines the role of fintech in enhancing financial inclusion and discusses the challenges and opportunities associated with digitalization in rural areas.
Schlüsselwörter (Keywords)
Digitalization, community development, rural areas, banking, fintech, financial inclusion, Ant Financial, Alibaba, Taobao, digital financial hubs, sustainable development, inclusive growth.
- Arbeit zitieren
- Irfan Zejnullahu (Autor:in), 2021, Digitalization and Future Banking. The Impact on Community Development in Rural Areas in China, München, GRIN Verlag, https://www.grin.com/document/1130708
