Digital financial assets as a leading tool for international settlements
- DOI
- 10.2991/icseal-19.2019.62How to use a DOI?
- Keywords
- Digital financial assets, leading technologies, finances, international settlements
- Abstract
Nowadays, as the information technologies are becoming an integral part of the society, the international payment and settlement system are undergoing crucial and substantial changes. Apart from the traditional electronic systems of transferring and storing financial data such as non-cash bank clearing systems and electronic money systems, innovative digital systems based on the blockchain technology (decentralized cryptocurrency) have appeared. They are seen as the leaders in the degree of the independence of settlements from the system operator's will as well as the reliability of financial data storage. This paper features the results of the research based on the argumentation of the leading position of the new generation of payment and settlement tools in the public reception, in the cyber space and in the Internet economy as well as the determination of their further development prospects.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Ekaterina Dyudikova AU - Natalia Kunitsyna AU - Elena Korneeva PY - 2019/05 DA - 2019/05 TI - Digital financial assets as a leading tool for international settlements BT - Proceedings of the 3rd International Conference on Social, Economic, and Academic Leadership (ICSEAL 2019) PB - Atlantis Press SP - 396 EP - 402 SN - 2352-5398 UR - https://doi.org/10.2991/icseal-19.2019.62 DO - 10.2991/icseal-19.2019.62 ID - Dyudikova2019/05 ER -