Role of Blockchain Technology in Ensuring the Competitiveness of Tourism and Energy Investment

2021 ◽  
pp. 120-135
Author(s):  
Miraj Ahmed Bhuiyan ◽  
Natalia Sokolinskaya
Keyword(s):  
Financial Market ◽  
Capital Market ◽  
Service Sector ◽  
Energy Development ◽  
Comprehensive Approach ◽  
Entrepreneurial Activity ◽  
Open Market ◽  
Energy Investment ◽  
Blockchain Technology

This study was conducted to research the use of blockchain technology to ensure the competitiveness of tourism and energy investment using a statistical approach. The chapter offers a comprehensive approach to examining the aforementioned topics and confirms the conclusion of the revitalization of the financial market (tourism and energy) development. Moreover, it also plays a role regarding the factors of inflation, devaluation, and proposes benefits – the activation of entrepreneurial activity, expansion of the service sector. Based on the results of the study, financial market (tourism and energy) clients (especially buyers) can benefit most from the lower costs of capital market transactions and securities servicing. Retail and wholesale investors can participate in a larger volume of deals among themselves with guaranteed execution in the open market.

External Factors of Big Business Transformation in Russia

2005 ◽  
pp. 72-89 ◽  
Author(s):  
Ya. Pappe ◽  
Ya. Galukhina
Keyword(s):  
Financial Market ◽  
Capital Market ◽  
Business Groups ◽  
External Factors ◽  
Big Business ◽  
Business Transformation ◽  
Global Standards ◽  
The World ◽  
Principal Subject

The paper is devoted to the role of the global financial market in the development of Russian big business. It proves that terms and standards posed by this market as well as opportunities it offers determine major changes in Russian big business in the last three years. The article examines why Russian companies go abroad to attract capital and provides data, which indicate the scope of this phenomenon. It stresses the effects of Russian big business’s interaction with the world capital market, including the modification of the principal subject of Russian big business from integrated business groups to companies and the changes in companies’ behavior: they gradually move away from the so-called Russian specifics and adopt global standards.

scholarly journals Capital Market Integration in Euroland: The Role of Banks

2000 ◽  
Vol 1 (4) ◽  
pp. 443-464 ◽  
Author(s):  
Claudia M. Buch
Keyword(s):  
Financial Market ◽  
Risk Taking ◽  
Capital Market ◽  
Market Integration ◽  
Home Bias ◽  
Capital Market Integration ◽  
Clear Cut ◽  
Cross Border ◽  
Financial Market Integration

Abstract The introduction of the euro marks a milestone in the process of European financial market integration. This paper analyzes the implications of the euro for cross-border banking activities. A portfolio model is used which captures the role of banks as providers of informational and of risk-diversification services. By eliminating exchange rate risks, the euro enhances the incentives of banks to expand within Euroland. Yet, while the currency bias in bank portfolios will be eliminated, the home bias will remain. Implications of market integration for the risk-taking and the monitoring of banks are not clear-cut.

scholarly journals STATE REGULATION OF EXPENDITURE IN FINANCIAL ENTERPRISE

2017 ◽  
pp. 44-52
Author(s):  
Halyna Kolisnyk
Keyword(s):  
Financial Market ◽  
Financial Services ◽  
Government Regulation ◽  
Significant Risk ◽  
State Regulation ◽  
Securities Market ◽  
Entrepreneurial Activity ◽  
Financial Transactions ◽  
Negative Factors

Introduction. The emergence, formation and development of financial business are conditioned by the emergence of a new financial market for Ukraine. To meet the needs of this market, there is a need for professional participants. The experience of financial and credit business in Ukraine shows a significant risk for all participants in this type of entrepreneurial activity. Purpose. The article aims to determine the purpose, role, essence and value of government regulation of costs in a financial enterprise. Results. The structure of financial entrepreneurship has been determined by the nature of operations, where the subjects of financial enterprise are classified according to the nature of conducting financial transactions. It is revealed that the activity of financial entrepreneurship is carried out in the financial market, which includes such segments: financial services market, money market, credit market, securities market, currency market. The role of state regulation of financial entrepreneurship is considered. It is based not only on the development of the financial market, but also on the development of the economy of the entire country. The interconnection of methods of state regulation by subjects of financial enterprise is offered. It is proved that the content of state regulation of expenditures in financial entrepreneurship is to optimize their structure. The basic blocks of state regulation of expenses in financial enterprise are analysed. It is proved that the system of state regulation of expenditures in financial enterprise is represented in the form of instruments, it examines various regulatory measures. The use of instruments of state regulation of expenses in financial enterprise with the purpose of overcoming of negative factors is offered.

Aufklärung, Aufsicht und Ahndung

2021 ◽  
Author(s):  
Michelle Poller
Keyword(s):  
European Union ◽  
Financial Market ◽  
Capital Market ◽  
European Law ◽  
Criminal Proceedings ◽  
European Union Law ◽  
Supervisory Authority ◽  
Procedural Law ◽  
Criminal Matters

The statutory model constitutes BaFin not only as a capital market supervisory authority, but also as an auxiliary authority providing preliminary investigations in criminal matters. This interlocking of supervisory and criminal proceedings conflicts with fundamental and constitutional guarantees. The problem is not unknown, but it has arisen anew as a result of the comprehensive financial market amendment of 2016/17 based on European law. The author elaborates the ambivalent role of the BaFin and analyzes the amended procedural law of the WpHG while comparing it to criminal procedural law. The result is measured against the standard of European Union law, with the focus of her analysis on the freedom from self-incrimination.

The role of automation in financial trading companies

2020 ◽  
Author(s):  
Carlos Jorge Lenczewski Martins
Keyword(s):  
Financial Market ◽  
High Frequency ◽  
Trading Systems ◽  
Financial Trading ◽  
Blockchain Technology ◽  
Level Of Automation ◽  
Risk Of Exposure ◽  
Source Of Information ◽  
Management Issues

High Frequency Trading (HFT) has significantly affected the financial market - how trade is performed, types of employees hired, technology, or even market regulations. There are arguments that important risks arrive from trade automation, especially with the use of ultra-low latency trading systems. It also gives a possibility of achieving (higher) returns more quickly with less residual losses, i.e. algorithms may lead to a lower risk of exposure than traditional ‘human' traders. A higher level of automation in trading companies is a reality, which brings important management issues. The rise in competition between algo-traders has led to the rise of the so-called Quant 2.0: the rebirth of complex algorithms and artificial intelligence to collect, extract and process information available from any source of information. im of this article is, through a literature review, to present the main issues concerning automation in financial trading companies, and how the highly probable introduction of the Blockchain technology may affect HFT and the financial market - either the general market design, or specif- ically, how trading is performed.

Impact of blockchain technology on green supply chain practices: evidence from emerging economy

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mobashar Mubarik ◽  
Raja Zuraidah Raja Mohd Rasi ◽  
Muhammad Faraz Mubarak ◽  
Rashid Ashraf
Keyword(s):  
Supply Chain ◽  
Industry 4.0 ◽  
Service Sector ◽  
Manufacturing Firms ◽  
Green Supply Chain ◽  
Environmental Orientation ◽  
Content Type ◽  
Blockchain Technology ◽  
Technological Orientation

PurposeThis study investigates the impact of blockchain technology on green supply chain practices with the aim to promote pro-environmental settings in supply chains of manufacturing firms. Moreover, mediating role of environmental orientation is examined between blockchain technology and green supply chain practices. Also, moderating role of technological orientation in this connection is undertaken.Design/methodology/approachThe authors have applied a quantitative methodology in which a questionnaire was developed from literature. After that, data are collected from manufacturing firms of Malaysia. The data collected are analysed by using PLS-SEM in which multiple regression and moderation are applied.FindingsThe results of this study confirm the positive impact of blockchain on green supply chain practices. Also, the mediating role of environmental orientation is revealed in this relationship. Moreover, technological orientation is confirmed as a moderator which strengthens the relationship between blockchain technology and green supply chain practices.Research limitations/implicationsThis study has collected data from manufacturing firms of Malaysia. However, the authors have not undertaken service sector firms. Thus, they recommend future researchers to consider service sector firms in this context. Moreover, they have taken SMEs for this study and have neglected large firms. Therefore, in future, large firms could be taken to test the current study's perspective in them. Furthermore, this study suggests to the policymaker and managers, especially of manufacturing concerns, to infuse Industry 4.0 technologies such as blockchain technology because of its manifold benefits.Practical implicationsThis study suggests to the policymaker and managers, especially of manufacturing concerns, to infuse Industry 4.0 technologies such as blockchain technology because of its manifold benefits. First, it will enhance the integration across the streams of the supply chain; secondly, it will improve the demand and supply planning which will eliminate the extra production and will enable firms to adopt just-in-time production by saving various costs associated otherwise. Importantly, these processes are against the pro-environmental behaviour which is pivotal to achieve green supply chain practices.Originality/valueThis study contributes by joining the technological perspective of Industry 4.0 technologies and sustainability perspective of green supply chain in manufacturing concerns. In addition, the related concepts of technological orientation and environmental orientation are also undertaken to further adjoin the former fields. As a practical contribution, this study will, first, enhance the integration across the streams of supply chain; secondly it will improve the demand and supply planning which will eliminates the extra production and will enable firms to adopt just-in-time production by saving various costs associated otherwise. It is also suggested to instil pro-environmental behaviour or environmental orientation in the employees at all levels of firm. Moreover, technological orientation should also be improved by emphasizing on the importance of technology for environmentally friendly and green supply chain practices.

ANALYSIS OF APPLICATION OF BLOCKCHAIN TECHNOLOGIES FOR THE BANKING SECTOR

2017 ◽  
Author(s):  
Svitlana Ilkovych ◽  
◽  
Maryna Korol ◽  
Keyword(s):  
Banking Sector ◽  
Blockchain Technology ◽  
Current State ◽  
Global Banking ◽  
Banking Institutions ◽  
Pros And Cons ◽  
Further Development

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.

Tools for Investing in the “Green” Economy: World Experience and Prospects in Russia

2020 ◽  
pp. 46-50
Author(s):  
N.I. Chovgan ◽  
◽  
O.S. Akupiyan ◽  
Keyword(s):  
Financial Market ◽  
Financial Institutions ◽  
Capital Market ◽  
Capital Flows ◽  
Green Economy ◽  
Financial Resources ◽  
Insurance Markets ◽  
Market Mechanisms ◽  
Research Areas ◽  
Reproduction Process

The development of the modern capital market and innovative technologies, including in the financial sector, creates the need to expand the research areas of the reproduction process and individual mechanisms that support it. Financial institutions are constantly required participants in responsible financing. Investors’ expectations regarding investments in environmental production and technologies reorient capital flows to these areas, and schemes for attracting financial resources and distributing risks in the process of implementing the principles of sustainable development are considered as unified. The article analyzes transformations and reviews the existing experience of forming appropriate mechanisms, justifies the functioning of the most effective ones. Among the investment and financial mechanisms of the “green” economy, the most important are budget investment mechanisms and financial market mechanisms. The mechanisms of the stock, credit and insurance markets are identified as components of the financial market mechanisms.

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