Unregulated Use of Blockchain Technologies in the Financial Markets

The chapter studies the problem of a possible influence of the unregulated use of blockchain technology on financial markets and regulation. The authors proceed from the assumption that development of new technologies used in financial markets is of great importance and, at the same time, see a threat to the stable functioning and regulation of financial institutions, primarily credit institutions. The correct solution of the question of the necessity and the limits of regulation of the blockchain technology usage in financial markets, in the authors' opinion, should be considered a factor of the financial markets' competitiveness improving.

Development of the Sharing Economy

This chapter examines the factors affecting the development of sharing economy. The purpose of this material is to identify and assess the factors of development of the sharing economy. As a result of this study, the formalization of the structure of factors influencing the development of the sharing economy is carried out, and the determinants of socially responsible behavior of subjects in the conditions of the sharing economy are determined. The formalization of the structure of factors influencing the development of the economy of joint use at the present stage was carried out by the methods of SWOT analysis. The research results allow to deepen the research in the field of the functioning of the sharing economy. The findings of the study are the basis for further research in the field of identification of stimulating factors for the development of the sharing economy and building effective business processes.

The Dynamics of the Global Value Chains and Disruptive Technologies

The advents of GVCs and disruptive technologies have provided alternative paths to industrialization and economic development for African countries, and with the transformation to digitalization now well under way, another conceptual shift is required to understand the evolving role of disruptive technologies in GVCs. It is evident that technological breakthroughs in the global markets have a spillover effect in the structural settings of African economies value chains, as lower tariffs and rapid technological changes have fragmented production across borders, but some African countries remain marginalized in GVCs. This study, therefore, attempts to preliminarily explain how African economies and markets capture value from disruptive technologies and create their competitive advantages within the global value chains context from the perspective of business-model innovation practices in African markets. Thus, developing African firms should not ignore those disruptive growth opportunities within the large population of mass customers and non-consumers in emerging economies.

Users of Sharing Economy Platforms in Russia

The sharing economy phenomenon has become one of the main trends that influence customer behavior in many markets. The emergence of online service platforms allows individuals and businesses to share their unused or underutilized resources efficiently and expand the locus of value creation through platform ecosystems. The analysis shows that Russian users of the sharing economy platforms for the short-term rental housing find it necessary to have relevant price offers, diversity of hosting proposals, reasonable fees, the web-site quality including booking convenience, availability of feedback and reviews, quick application processing, and contact with the owners of rental property. Aside from the economic, social, and ecological factors mentioned above, the individual factors are proposed to be added to the analysis which will have a substantial impact on specifying target groups of Russian users of the sharing economy platforms.

Technological Revolution in Financial Intermediation

The chapter presents current issues in innovative modernization of financial intermediation. Development of financial innovation in recent years has led to significant structural and functional changes in the system of financial intermediation. New technologies open broad prospects allowing the radical reduction of the costs of information transmission and processing, while exacerbating competition and stimulate the emergence of new financial intermediaries. This chapter analyzes the debate on the theoretical understanding and analysis of financial intermediation, the disruptive technologies influence the economy with focus on organizational changes in financial markets, the use of digital currencies, exploration of blockchain technologies applications, etc. The chapter discusses how technologies have changed the market and the perception of customers as they foster entrepreneurial creativity and disrupt existing financial markets through an introduction of innovative business models of modern credit institutions.

Methods of Information Processing and Presentation in Peer-to-Peer Online Marketplaces

In e-commerce, buyers do not have enough information about the products and services provided. In some industries, retail trade has been completely supplanted; offline trading floors have become essentially pick-up points. Therefore, online marketplaces have a disruptive effect on traditional trade. Features of the online environment often encourage consumers to take additional risks (e.g., to buy a product or service having only its virtual representation available). A system of trust is formed to streamline the virtual interaction of sellers with buyers and stimulate regulations in the purchase/sale, since the usual regulatory mechanisms and rights do not work here. The electronic market in general can break down. Such a problem can be eliminated by introducing mechanisms of trust and reputation of buyers and sellers to each other. The chapter provides an overview of the ways of presenting and processing information in the systems of reputation and trust that function on online trading sites on the social networks of the internet.

Industry 4.0 as a New Disruptive Concept in IT Management and IT Governance

This chapter is going through the Industry 4.0 concept. On the first hand, it relies on advanced technologies which have a high potential to save costs and deliver groundbreaking products and services. On the other hand, Industry 4.0 brings so many innovations and opportunities that it requires an essential change in thinking and organization. Presented insights are based on conducted comparative analysis and its results. This analysis compared significant maturity models for the assessment of Industry 4.0 readiness in organizations and defined universal dimensions. These identified dimensions uncovered existing gaps in the analyzed maturity models. Solving these missing areas required additional research that provided additional insights not only in Industry 4.0. The results of this analysis provided an overview of critical factors related to Industry 4.0 and possible solutions to missing parts. The technical challenges related to technologies, standards, and architectures used in Industry 4.0 are introduced. Organizational specifics of this concept are outlined.

Measuring the Impact of SAP R/3 Implementation to Efficiency of Process Business on the Paper Manufacturing Industry

This study aims to improve the sales business processes of paper manufacturing industry. While manual systems are still used in the company operations utilized today, this study would enhance the business process with the ERP system approach. This analysis uses methods of exploration, interviews, and literature reviews on business process growth. The findings of this study include a new design of business processes and suggestions for business processes that meet the needs of the paper manufacturing ERP system.

The Algorithm of Semantic Analysis in Disruptive Information Security Systems

This chapter represents some of the main drawbacks of DLP systems implemented by businesses in international practice. The main structural shortcomings of these systems have been analyzed, and the factors correlating with them were revealed. An experimental setup has been formed to assess the impact of changes in these factors on the Type 1 and 2 errors in the operation of the systems. The authors also provide the results of the research with the use of algorithms, including the influence of the identified factors in the business systems of different directions to improve the economic security of the company.

The Innovative Blockchain Technology in the Sharing Economy Subject Decision Making

The relevance of research is defined by the increasing importance of information technology support of managerial decisions of the modern economy subjects, whose priorities are progressively shifting from property to consumption, in the context of society innovation-digital transformation. The research is aimed at proposing ways to introduce the breakthrough blockchain technology into the system of interactions between sharing economy agents and at assessing the effect arising from the perspective of the transition to a true market economy of equal subjects. Achieving the goal of the study required the solution of such tasks as the identification of economic entities' decision-making algorithm and analysis of the advantages of innovative blockchain technology compared to the information sharing economy platforms that are actively working today. The novelty of the author's approach consists in substantiating the advantages of blockchain technology in approaching the goal of creating a socially oriented system of cooperation between equal actors.