TECHNOLOGY BLOKCHEIN IN THE FIELD OF FINANCIAL SERVICES OF THE ENTERPRISE


  • E.V. Sadchenko
Keywords: blockchain technology, сryptocurrency, financial flows management, bitcoin, functions, financial services sector, information environment.

Abstract

The article deals with the main approaches to the technology of blockade management of financial flows between enterprises and between the state and enterprises. Ukraine's entry into the global information space and the introduction of сryptocurrency in the domestic financial market will expand the investment market and provide targeted budget investments to national producers that can provide increased production through the end product, services, net exports or the creation of products that replace the imported. Three important functions of the financial services sector are proposed based on the blockade technology: at the enterprise registration of transactions, confirmation of the identity of the person (legal address) and the conclusion of contracts. The principles of state policy in the sphere of activity of financial institutions in the market of cryptography are described, in accordance with the draft Law of Ukraine "On stimulation of the market of сryptocurrency and its derivatives in Ukraine" and supplemented with the principles that most fully reveal the peculiarities of public administration with the help of blockade technology. Professional market participants are not responsible for the obligations of the state, and the state - on the obligations of such market participants are crying. All operations on the market of crying are carried out by their participants at their own risk. The state guarantees the observance and protection of property and other rights and legitimate interests of professional market participants in the cryptographic market and other persons who carry out property or transactions with cryptic foreign currency, the conditions of free competition in the provision of financial services in the market of сryptocurrency. Сryptocurrency have protection in the form of a cryptographic code, which allows them to emit them by any user-operator to bypass the actions and positions of the central bank. All operations on the market of crying are carried out by their participants at their own risk. The state guarantees the observance and protection of property and other rights and legitimate interests of professional market participants in the cryptographic market and other persons who carry out property or transactions with cryptic foreign currency, the conditions of free competition in the provision of financial services in the market of cybercurrencies.

Author Biography

E.V. Sadchenko

Dr.Sc. (Economics), Prof.

Institute Of Market Problems And Economic&Ecological Research of the National Academy of Sciences of Ukraine

Frantsuzskiy Boulevard, 29, Odessa, Ukraine

Hb. Prof.

Higher School of Economics and Humanities

Ul. V.Sikorsky, 4, Bielsko-Biala, Poland, 43-300

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Published
2017-12-19
How to Cite
Sadchenko, E. (2017). TECHNOLOGY BLOKCHEIN IN THE FIELD OF FINANCIAL SERVICES OF THE ENTERPRISE. Economic Innovations, 19(3(65), 145-153. https://doi.org/https://doi.org/10.31520/ei.2017.19.3(65).145-153