DARQ Technology as a Digital Transformation Strategy in Terms of Global Crises
DARQ Technology as a Digital Transformation Strategy in Terms of Global Crises

Summary/Abstract: Purpose: The aim of the paper is (1) to analyze the DARQ (Distributed ledger, Artificial Intelligence,Extended Reality, Quantum Computing) technology in terms of its implementations and (2) to comparethese technologies with the SMAC technology (Social, Mobile, Analytics, Cloud). We present the thesisthat DARQ technologies can help in building information systems aimed at both predicting and monitoringglobal crises. We argue that the DARQ technology will support the management of network organizationsin the first period of development.Design/methodology/approach: The research procedure consists of the following steps: literature analysis,conducting qualitative research and its presentation, obtaining expert opinions and recommendations forfurther research.Findings: The results of work on the DARQ technology that supports management systems allowedfor the evaluation of usability both in terms of the expected effects and the areas of risk of application.Research limitations/implications: Due to the lack of practical applications of all the elements that makeup the DARQ technology, the analysis of such components as Extended Reality (Virtual Reality), QuantumComputing (Virtual Computing Technology) is not complete and requires complementary research anda more complete analysis of its applications. We consider the presented work as an introduction tobroader research.Originality/value: The thesis has been substantiated that the transition from SMAC to DARQ technologycan be done gradually. Both of these technologies are compatible. This may result in gradual andcollision-free changes in the quality of the management system. Elements of the new DARQ technology,such as Distributed ledger, Artificial Intelligence, Extended Reality and Quantum computing, allow forabrupt changes in both the management system and the functioning of the organization. Already today,each component of the DARQ technology has a significant impact on various sectors of the economy.However, it should be noted that apart from the positives, the DARQ technology also poses somethreats. The article contains conclusions from the research and indicates a recommendation for furtherwork, which concerns extending the application of DARQ technology to predict and monitor disastersand unpredictable events. To this end, we analyze the Black Swan theory (based on the COVID-19pandemic case study) as the theoretical framework for the use of DARQ technology as a tool to reducethe occurrence of unpredictable events.

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