ITU Innovation Challenges 2020: Rethinking the Digital Economy’s Value Chains During COVID-19

By June 3, 2020 COVID-19, News
The 2020 edition of the ITU Innovation Challenge will be taking place amid a global pandemic caused by Covid-19. This has resulted in stress on value chains and countries’ readiness for a digital economy, significantly affecting social conditions worldwide. Global supply, production, consumption and delivery chains are disrupted. Traditional economies are struggling, as industries have not been digitalized and infrastructure is inadequate to cope with current stress levels.

Policy-makers and innovators worldwide are under pressure. Their communities must embrace a digital economy so that a semblance of normalcy can be maintained in these uncertain conditions. Therefore, the overall theme of this year’s challenges is Rethinking the digital economy’s value chains during the Covid-19 pandemic. The challenge is a global open competition platform for innovators and ecosystem builders to present their ideas and projects, empowering them to transform their communities into thriving digital societies.

For more details and submission, please visit the ITU website.