Open AccessInstitutional environment for the development of digital economy and blockchain technologies in the Russian Federation
Author(s) -
Nadezhda Kaluzhnova,
Egor Kosykh,
И.Е. Фролов
Publication year - 2019
Publication title -
iop conference series. materials science and engineering
Language(s) - English
Resource type - Journals
eISSN - 1757-899X
pISSN - 1757-8981
DOI - 10.1088/1757-899x/667/1/012035
Subject(s) - cryptocurrency , blockchain , digital economy , distributed ledger , digital currency , business , emerging technologies , economy , economic system , industrial organization , economics , computer security , computer science , political science , law , finance , artificial intelligence , payment
The digital economy, along with new opportunities, presents new challenges. Along with distributed registry technology called blockchain, the economy includes cryptocurrencies. A whole area of cryptoeconomics is emerging, and its development brings new opportunities to reduce the cost of market transactions. At the same time, the spontaneous development of cryptoeconomics has negative effects. Regulation of cryptoeconomics meets the problems of understanding the essence and role of cryptocurrency in the economy. The article deals with the directions of regulation and contradictions arising in the regulation of cryptoeconomics. The interrelation of blockchain and cryptocurrencies is considered. The ways of regulating cryptoeconomics in different countries are shown. Unresolved issues and challenges in the development of blockchain technologies and cryptoeconomics are outlined.