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Cryptocurrency as element of digital economy
(2021) Pashkevich, D.
Today, new digital technologies and innovative business models are penetrating all spheres of the economic life of society, influencing the very essence of the economy, forming qualitative structural changes in it. As a result, the digital economy is formed as a subsystem of the traditional economy, characterized by the active use of digital technologies and the circulation of specific electronic goods. The level of development of the digital economy is closely correlated with the country's competitiveness, which requires special attention from the state and business to its development. It has been established that today the electronic economy is already going beyond purely economic processes. Digitalization is being introduced into social processes, the successful life of people increasingly depends on it, in addition, there is a large-scale introduction of digital technologies into the work of government organizations and structures. In this work, a closer look will be taken at the general legal status of cryptocurrencies in the modern world, particularly in the largest economies of the world. Also, a specific case of using cryptocurrencies and blockchain technology will be analyzed on the example of Russian ICO-Project “Storiqa”.