Fintech and crowdfunding as tools for financing the reproduction process in agricultural activities

Agriculture plays an important role in the food security and sustainability of people in any country. The sustainability of agriculture can be improved by allowing the introduction of innovative services, such as financial technology (FinTech) and the digital marketplace. A digital trading platform...

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Autor principal:	M. A. Eskiev
Formato:	article
Lenguaje:	RU
Publicado:	Publishing House of the State University of Management 2021
Materias:	fintech agriculture reproductive financing crowdfunding sustainability food security digital platforms Sociology (General) HM401-1281 Economics as a science HB71-74
Acceso en línea:	https://doaj.org/article/597651feebcf442380f5a79103058ea0
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spelling	oai:doaj.org-article:597651feebcf442380f5a79103058ea02021-12-03T07:43:37ZFintech and crowdfunding as tools for financing the reproduction process in agricultural activities1816-42772686-841510.26425/1816-4277-2021-10-155-160https://doaj.org/article/597651feebcf442380f5a79103058ea02021-12-01T00:00:00Zhttps://vestnik.guu.ru/jour/article/view/3157https://doaj.org/toc/1816-4277https://doaj.org/toc/2686-8415Agriculture plays an important role in the food security and sustainability of people in any country. The sustainability of agriculture can be improved by allowing the introduction of innovative services, such as financial technology (FinTech) and the digital marketplace. A digital trading platform supported by financial technology can transform business processes in agriculture into more sustainable ones in terms of financing and distribution. FinTech offers farmers easy ways to obtain funding sources through crowdfunding and digital payment systems. A digital trading platform can act as a platform for FinTech to integrate an innovative financial solution into the broader agricultural ecosystem. The article proposes a digital marketplace model using FinTech and a crowdfunding and payment system to support agricultural sustainability. The crowdfunding digital marketplace model brings together all participants (farmers, landowners, investors and consumers) in a platform that can promote transparency, empowerment, resourcefulness and public participation in agriculture.M. A. EskievPublishing House of the State University of Managementarticlefintechagriculturereproductive financingcrowdfundingsustainabilityfood securityagriculturedigital platformsSociology (General)HM401-1281Economics as a scienceHB71-74RUВестник университета, Vol 0, Iss 10, Pp 155-160 (2021)
institution	DOAJ
collection	DOAJ
language	RU
topic	fintech agriculture reproductive financing crowdfunding sustainability food security agriculture digital platforms Sociology (General) HM401-1281 Economics as a science HB71-74
spellingShingle	fintech agriculture reproductive financing crowdfunding sustainability food security agriculture digital platforms Sociology (General) HM401-1281 Economics as a science HB71-74 M. A. Eskiev Fintech and crowdfunding as tools for financing the reproduction process in agricultural activities
description	Agriculture plays an important role in the food security and sustainability of people in any country. The sustainability of agriculture can be improved by allowing the introduction of innovative services, such as financial technology (FinTech) and the digital marketplace. A digital trading platform supported by financial technology can transform business processes in agriculture into more sustainable ones in terms of financing and distribution. FinTech offers farmers easy ways to obtain funding sources through crowdfunding and digital payment systems. A digital trading platform can act as a platform for FinTech to integrate an innovative financial solution into the broader agricultural ecosystem. The article proposes a digital marketplace model using FinTech and a crowdfunding and payment system to support agricultural sustainability. The crowdfunding digital marketplace model brings together all participants (farmers, landowners, investors and consumers) in a platform that can promote transparency, empowerment, resourcefulness and public participation in agriculture.
format	article
author	M. A. Eskiev
author_facet	M. A. Eskiev
author_sort	M. A. Eskiev
title	Fintech and crowdfunding as tools for financing the reproduction process in agricultural activities
title_short	Fintech and crowdfunding as tools for financing the reproduction process in agricultural activities
title_full	Fintech and crowdfunding as tools for financing the reproduction process in agricultural activities
title_fullStr	Fintech and crowdfunding as tools for financing the reproduction process in agricultural activities
title_full_unstemmed	Fintech and crowdfunding as tools for financing the reproduction process in agricultural activities
title_sort	fintech and crowdfunding as tools for financing the reproduction process in agricultural activities
publisher	Publishing House of the State University of Management
publishDate	2021
url	https://doaj.org/article/597651feebcf442380f5a79103058ea0
work_keys_str_mv	AT maeskiev fintechandcrowdfundingastoolsforfinancingthereproductionprocessinagriculturalactivities
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Fintech and crowdfunding as tools for financing the reproduction process in agricultural activities

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