A new initiative led by the Estonian Ministry of Economic Affairs and Communications aims to change the economy transactions. It is called a real-time economy and supports a digital ecosystem where transactions occur in real time. Rather than sending emails or even relying on paper invoices, companies will exchange digital, structured, machine-readable data in standard formats.
Such exchanges will occur automatically in the background, giving companies full assurance that the data will arrive seamlessly at the right place at the right time.
