Evolution of the Financial Market. Cryptocurrency

The article is devoted to the causes of the origin, the consequences of the functioning of the crypto currency and the prospect of restructuring the modern financial system on the basis of blocking technology. The article shows that the crypto currency emerged as an evolutionary stage in the develop...

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Autor principal: A. Ya. Zaporozhan
Formato: article
Lenguaje:EN
RU
Publicado: North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration 2018
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Acceso en línea:https://doaj.org/article/a219a0a237a34e449cd5d0afe0af9c55
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spelling oai:doaj.org-article:a219a0a237a34e449cd5d0afe0af9c552021-11-12T10:46:07ZEvolution of the Financial Market. Cryptocurrency1726-11391816-859010.22394/1726-1139-2018-5-77-85https://doaj.org/article/a219a0a237a34e449cd5d0afe0af9c552018-07-01T00:00:00Zhttps://www.acjournal.ru/jour/article/view/860https://doaj.org/toc/1726-1139https://doaj.org/toc/1816-8590The article is devoted to the causes of the origin, the consequences of the functioning of the crypto currency and the prospect of restructuring the modern financial system on the basis of blocking technology. The article shows that the crypto currency emerged as an evolutionary stage in the development of the world payment system, that the modern financial system is developing in a dead-end direction, that the use of crypto currency and its derivatives in practice can destroy the world payment system and world financial market from within. It is suggested that, based on the technology of the block, a modern financial system can be restructured.A. Ya. ZaporozhanNorth-West institute of management of the Russian Presidential Academy of National Economy and Public Administration articlepayment systemfinancial marketderivatives marketelectronic moneydigital moneycrypto currencyblockade technologybitcoincurrentPolitical institutions and public administration (General)JF20-2112ENRUУправленческое консультирование, Vol 0, Iss 5, Pp 77-85 (2018)
institution DOAJ
collection DOAJ
language EN
RU
topic payment system
financial market
derivatives market
electronic money
digital money
crypto currency
blockade technology
bitcoin
current
Political institutions and public administration (General)
JF20-2112
spellingShingle payment system
financial market
derivatives market
electronic money
digital money
crypto currency
blockade technology
bitcoin
current
Political institutions and public administration (General)
JF20-2112
A. Ya. Zaporozhan
Evolution of the Financial Market. Cryptocurrency
description The article is devoted to the causes of the origin, the consequences of the functioning of the crypto currency and the prospect of restructuring the modern financial system on the basis of blocking technology. The article shows that the crypto currency emerged as an evolutionary stage in the development of the world payment system, that the modern financial system is developing in a dead-end direction, that the use of crypto currency and its derivatives in practice can destroy the world payment system and world financial market from within. It is suggested that, based on the technology of the block, a modern financial system can be restructured.
format article
author A. Ya. Zaporozhan
author_facet A. Ya. Zaporozhan
author_sort A. Ya. Zaporozhan
title Evolution of the Financial Market. Cryptocurrency
title_short Evolution of the Financial Market. Cryptocurrency
title_full Evolution of the Financial Market. Cryptocurrency
title_fullStr Evolution of the Financial Market. Cryptocurrency
title_full_unstemmed Evolution of the Financial Market. Cryptocurrency
title_sort evolution of the financial market. cryptocurrency
publisher North-West institute of management of the Russian Presidential Academy of National Economy and Public Administration
publishDate 2018
url https://doaj.org/article/a219a0a237a34e449cd5d0afe0af9c55
work_keys_str_mv AT ayazaporozhan evolutionofthefinancialmarketcryptocurrency
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