scholarly journals FORECASTING OF BLOCKCHAIN TECHNOLOGY DEVELOPMENT IN ECONOMY: ACCOUNTING POINT OF VIEW

Author(s):  
L. Shkulipa

In the article the importance of blockchain technology in the economy and predicting its development from the accounting point of view was investigated. The methods used in the study are based on the analysis of literature related to disclosure issues and a description of existing blockchain claims on the world stage. On the basis of this, a predictive assessment of the considered results for the further development of blockchain technology in the economy, its impact on accounting and the profession of accountant was made. The findings include the positive and negative effects of blockchain technology on the medical and banking sectors, information technology, the financial sector, and accounting. The blockchain in the hype cycle was considered as a phenomenon that all new technologies undergo before stable existing or disappearing. Based on the consideration of the most famous blockchain projects with the combination of Big Data, the estimation of the development technologies of Blockchain and Big Data in finance was discussed. This study suggests to consider blockchain technology as (1) a new way of sending and processing invoices, documents, contracts, and payments, reducing errors, costs and transaction time; (2) a path to financial equality through affordability; (3) investments in the local economy so that developing countries can grow significantly; (4) updating the currency market and the international monetary and financial transaction system; (5) a major breakthrough in the economy together with the Big Data technology.

Author(s):  
К. Буневич ◽  
K. Bunevich ◽  
О. Иванова ◽  
O. Ivanova

One of the indicators of the country’s involvement in the global economy is the export of goods and its structure. The degree and nature of changes in export groups of goods may indicate changes in the structure of the economy under the influence of foreign direct investment, which makes it possible to evaluate the positive or negative effects of them. Recently, more and more countries are involved in the process of international capital movement, both as an exporter and as an importer. There are many reasons for the desire of domestic economic entities to export their capital abroad. The subject of this study is economic relations caused by the relationship of foreign direct investment with the structure of Russian exports. The article considers the dynamics of foreign direct investment in the domestic economy. The attractiveness of the Russian economy from the point of view of international ratings of countries is analyzed. An attempt is made to determine the relationship of foreign direct investment with the macroeconomic indicators of the Russian Federation, as well as the structure of foreign direct investment with the structure of Russian exports. The degree of influence of indicators of attracted foreign direct investment and payments for new technologies on changes in the structure of export is determined The impact of FDI on the host economy is different. On the one hand, FDI brings financial resources to the economy with the new technologies that the economy needs. On the other hand, a direct investor invests his money in those sectors of the economy that have a high rate of return, which in turn does not help to solve the problems of the economy and the uneven development of the country’s industries.


2020 ◽  
Vol 11 (1) ◽  
pp. 12-28 ◽  
Author(s):  
N. I. Komkov ◽  
V. V. Sutyagin

Purpose: to justification of the need to develop new-generation domestic technologies that ensure the competitiveness and stability of the Russian economy to external challenges. Using the laws of accelerated development of various systems, objects and processes of the material world will allow us to construct a mechanism for analysis, decision-making and management of the justification, development and implementation of new generation technologies.Methods: the research method is based on the generalization of forecasting the accelerated development of various processes under the conditions of growth restrictions, methods for constructing targeted information-logic models, decision-making methods for justifying the costs of upgrading one-generation technology options and analyzing domestic and foreign technology development experience new generation.Results: within the space of creation and development of new generation technologies, in accordance with the well-known concept of the full life cycle, the process of development and implementation of new generation technologies in the form of a logistic curve has been specified. The solution to the problem of managing the creation of new generation technologies is presented as the fastest possible implementation of projects to search for innovative solutions that meet the requirements of competitiveness. Mathematical models of the formulated problem are considered. Examples of practical tasks for managing the development and development of new generation technologies are given.Conclusions and Relevance: the dynamics of development and the economic conditions for the transition to technology modernization are determined by the need for further development of new generation technologies in the interests of full use of the innovative potential of this generation. Information-logical and mathematical models have been developed for making decisions on managing the justification of the necessary resources for the implementation of projects in the full cycle during the transition from innovative solutions to new technologies and innovative products.


Few forecasting companies at the end of first decade of 21st century predict boom in 3D printing manufacturing including developing new technologies. Three most famous, Gartner and Wholers Industries and McKinsey even calculated volumes. Gartner in their Hype Cycle predict phases in technology development. All analytic companies predicted usability of technology and fast adoption. Because of very fast adoption, this technology even today generates revenue in different industries. Consumer market, automotive industry, medicine, aerospace industry is top performers and leaders in usability. This technology generating revenue in material consumption and spare part production and delivery. Personal 3D Printers are now available for more households then before, giving the space for home manufacturing to the more and more home offices.


Author(s):  
Myriam Ertz ◽  
Émilie Boily

The collaborative economy (CE) involves an intensification of direct or intermediated peer-to-peer trade, underpinned by robust digital infrastructures and processes, hence an increased use of new technologies and a redefinition of business activities. As an inherently connected economy, the CE is, therefore, prone to integrating the most recent technological advances including artificial intelligence, big data analysis, augmented reality, the smart grid, and blockchain technology. As an innovative payment and finance technology, the blockchain and cryptocurrencies could have potential implications for the CE. This chapter consists of a conceptual review analyzing how the CE connects with the blockchain technology. The chapter presents subsequently the organizational and managerial implications related to the use of blockchain technology in terms of governance, transaction costs, and user confidence. An illustrative case further examines the role of a prominent social media in the CE-blockchain nexus.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Prakash Agrawal ◽  
Rakesh Narain

PurposeOver the years, technology development has rationalized supply chain processes. The demand economy is disrupting every sector causing the supply chain to be more innovative than ever before. The digitalization of the supply chain fulfils this demand. Several technologies such as blockchain, big data analytics, 3D printing, Internet of things (IoT), artificial intelligence (AI), augmented reality (AR), etc. have been innovated in recent years, which expedite the digitalization of the supply chain. The paper aims to analyse the applicability of these technological enablers in the digital transformation of the supply chain and to present an interpretive structural modelling (ISM) model, which presents a sequence in which enablers can be implemented in a sequential manner.Design/methodology/approachThis paper employed the ISM approach to propose a various levelled model for the enablers of the digital supply chain. The enablers are also classified graphically based on their driving and dependence powers using matrix multiplication cross-impact applied to classification (MICMAC) analysis.FindingsThe study indicates that the enablers “big data analytics”, “IoT”, “blockchain” and “AI” are the most powerful enablers for the digitalization of the supply chain and actualizing these enablers should be a topmost concern for organizations, which want to exploit new opportunities created by these technologies.Practical implicationsThis study presents a systematic approach to adopt new technologies for performing various supply chain activities and assists the policymakers better organize their assets and execution endeavours towards digitalization of the supply chain.Originality/valueThis is one of the initial research studies, which has analysed the enablers for the digitalization supply chain using the ISM approach.


Author(s):  
Jorge Lima de Magalhães ◽  
Juliana Satie Oliveira Igarashi ◽  
Zulmira Hartz ◽  
Adelaide Maria de Souza Antunes ◽  
Elizabeth Valverde Macedo

The informational and digital era of Big Data presents a non-trivial and unprecedented way in history for data and information management in organizations. Thus, to manage, protect, and ensure the validation of this data, it is imperative to develop new technologies for project management and their respective implementation in organizations. This chapter shows a case study in a pharmaceutical industry with the proposition of a methodology for validation of emerging technologies in the computerized systems. Data validation and security for project management in the organization is increasingly in demand. So, this implies that time and human resources in organizations are not infinite. It is necessary to prioritize the activities and resources dedicated to maintaining the validated state of the system. Authors propose a risk analysis to help companies with validation. They also present a proposed methodology for risk analysis from the point of view of the validation of computerized systems in a Warehouse Management module in a validated SAP ERP.


Energies ◽  
2021 ◽  
Vol 14 (6) ◽  
pp. 1624
Author(s):  
Martin Hromada ◽  
David Rehak ◽  
Ludek Lukas

In terms of service provision, the electricity sector is the most important critical infrastructure sector, on the supply of which the vast majority of society and its basic vital functions depend. Extensive disruption of these supplies would have negative effects not only on basic human needs, but also on the economy and security of the state. For this reason, it is necessary to ensure permanent and comprehensive monitoring of the infrastructure elements resilience level, especially against threats with a multispectral impact on several areas of security. For this reason, the authors of the article developed the Converged Resilience Assessment (CRA) method, which enables advanced assessment of the electricity critical infrastructure elements resilience from the converged security point of view. Converged security in this case combines (converges) physical, cyber and operational security into a complementary unit. This reflects the integral determinants of resilience across related areas of security/safety. The CRA method focuses mainly on information and situation management, which integrates and correlates information (signals) from systems and sensors in order to obtain an overview of the situation and the subsequent effective management of its solution. The practical use of the proposed method is demonstrated on a selected element of the Czech Republic transmission system. The CRA method is currently embodied in a functional sample that has been piloted on several TSO elements. Further development of this method is seen mainly in fulfilling the logic of network infrastructure and reflection between elementary and intersectoral links in the context of synergistic and cascading effects in a broader context.


Author(s):  
Kiran Kumar S V N Madupu

Big Data has terrific influence on scientific discoveries and also value development. This paper presents approaches in data mining and modern technologies in Big Data. Difficulties of data mining as well as data mining with big data are discussed. Some technology development of data mining as well as data mining with big data are additionally presented.


Author(s):  
Galina F. Leveryeva ◽  
Afanasii R. Batorov

Questions of creation and development of information portal “Memory of Yakutia” from the point of view of accumulation and preservation of documental heritage of Yakutia nations are considered. Problems of digitization of manuscripts, rare books, audiovisual documents are highlighted and trends of further development are traced.


Author(s):  
Svitlana Ilkovych ◽  
◽  
Maryna Korol ◽  

The article considers the essence of blockchain technology and the possibility of its application in the banking sector. The current state of development and application of blockchain technologies in various industries is analyzed. The pros and cons of using blockchain technologies for the banking sector are identified. Emphasis is placed on the role of blockchain technologies in the further development of the banking sector. The most promising directions of development of this technology are considered. Particular attention is paid to examples of the use of blockchain technology by global banking institutions.


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