Pakistan, June 17 -- The economic activities that emerge from connecting individuals, businesses, devices, data and operations through digital technology are known as the digital economy. It includes online connections and transactions across multiple sectors and technologies, such as the Internet, mobile technology, big data and information and communications technology. The digital economy differs from a traditional economy because it relies on digital technology, online transactions and its transformative effect on traditional industries. Digital innovations such as the Internet of Things (IoT), artificial intelligence (AI), virtual reality, blockchain and autonomous vehicles all play a part in creating a digital economy.

In the early...