BLOCKCHAIN PERSPECTIVES IN THE DEVELOPMENT OF GREEN ECONOMY FINANCE
The work describes the concept of blockchain technology, analyzes its advantages and disadvantages compared to centralized systems of accounting, storage and exchange of information. Key problems in the development of technology and its integration into everyday life are described and analyzed in th...
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Publishing House of the State University of Management
2020-07-01
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doaj-77e33b9186f0459fae8b8ce55c3b287f2021-10-02T06:22:42ZrusPublishing House of the State University of ManagementВестник университета1816-42772686-84152020-07-010517818510.26425/1816-4277-2020-5-178-1851732BLOCKCHAIN PERSPECTIVES IN THE DEVELOPMENT OF GREEN ECONOMY FINANCEM. L. Dorofeev0Financial University under the Government of the Russian FederationThe work describes the concept of blockchain technology, analyzes its advantages and disadvantages compared to centralized systems of accounting, storage and exchange of information. Key problems in the development of technology and its integration into everyday life are described and analyzed in this work. The relatively high cost, the presence of critical vulnerabilities in the software code, as well as the insufficient level of development of related technologies are significant obstacles to the development of blockchain technology. The directions of development and implementation of blockchain in the financial sector, as well as in the sphere of green finance are described. This direction can be the green bond market, for which is extremely important to track compliance with the requirement of targeted financing. Blockchain, technologically allows to effectively meet this requirement. An important conclusion obtained from the study was that despite a number of attempts to create analogues of private money (Libra, Gram, etc.) in the near future the replacement of traditional fiate money circulation by cryptocurrencies is unlikely for a number of objective reasons.https://vestnik.guu.ru/jour/article/view/2240blockchainmoneycryptocurrenciesfintechfinancegreen financegreen bondsgreen investments |
collection |
DOAJ |
language |
Russian |
format |
Article |
sources |
DOAJ |
author |
M. L. Dorofeev |
spellingShingle |
M. L. Dorofeev BLOCKCHAIN PERSPECTIVES IN THE DEVELOPMENT OF GREEN ECONOMY FINANCE Вестник университета blockchain money cryptocurrencies fintech finance green finance green bonds green investments |
author_facet |
M. L. Dorofeev |
author_sort |
M. L. Dorofeev |
title |
BLOCKCHAIN PERSPECTIVES IN THE DEVELOPMENT OF GREEN ECONOMY FINANCE |
title_short |
BLOCKCHAIN PERSPECTIVES IN THE DEVELOPMENT OF GREEN ECONOMY FINANCE |
title_full |
BLOCKCHAIN PERSPECTIVES IN THE DEVELOPMENT OF GREEN ECONOMY FINANCE |
title_fullStr |
BLOCKCHAIN PERSPECTIVES IN THE DEVELOPMENT OF GREEN ECONOMY FINANCE |
title_full_unstemmed |
BLOCKCHAIN PERSPECTIVES IN THE DEVELOPMENT OF GREEN ECONOMY FINANCE |
title_sort |
blockchain perspectives in the development of green economy finance |
publisher |
Publishing House of the State University of Management |
series |
Вестник университета |
issn |
1816-4277 2686-8415 |
publishDate |
2020-07-01 |
description |
The work describes the concept of blockchain technology, analyzes its advantages and disadvantages compared to centralized systems of accounting, storage and exchange of information. Key problems in the development of technology and its integration into everyday life are described and analyzed in this work. The relatively high cost, the presence of critical vulnerabilities in the software code, as well as the insufficient level of development of related technologies are significant obstacles to the development of blockchain technology. The directions of development and implementation of blockchain in the financial sector, as well as in the sphere of green finance are described. This direction can be the green bond market, for which is extremely important to track compliance with the requirement of targeted financing. Blockchain, technologically allows to effectively meet this requirement. An important conclusion obtained from the study was that despite a number of attempts to create analogues of private money (Libra, Gram, etc.) in the near future the replacement of traditional fiate money circulation by cryptocurrencies is unlikely for a number of objective reasons. |
topic |
blockchain money cryptocurrencies fintech finance green finance green bonds green investments |
url |
https://vestnik.guu.ru/jour/article/view/2240 |
work_keys_str_mv |
AT mldorofeev blockchainperspectivesinthedevelopmentofgreeneconomyfinance |
_version_ |
1716857996138512384 |