«ALT MONETS», BLOCKCHAIN’S technologies of gold, diamond wires, oil

Abstract

The article analyzes the processes of entering crypto-currencies into financial networks of the economic sphere of social life in methodically overcoming a certain ambiguity of their virtual and practical use. The authors conceptualize this process as "alt monets" and blockboy technologies (Blockchain technology is considered here in the paradigm of "decentralized accounting technology" in corporate practices and as a derivative of the technical design of Bitcoin and its derivatives in the context of the software function of "smart contracts"). In the article the analysis of the newest financial technologies with processing of models of their adaptation with the purpose of distribution of perspective financial technologies is carried out. This will avoid the emergence on their basis of risks that could compromise them, gently integrate the most promising of them, taking into account the possible consequences for market participants, and also in order to protect the financial market from the threats that new financial technologies carry in their anonymity. The study uses the "commodity chains" model, which was included in the discourse of the 1970s, and laid the foundation of global value networks in the form of analysis of the processes of converting raw materials into a product of demand, and in the 2000s. - global value-added networks in the form of an analysis of the factors in the organization of global industries. The theoretical justification and practical tools for the analysis of value chains and various types of their management are offered. It is assumed that there will be a crypto-currency based on the products of the mineral-raw complex (MSK). It is hypothesized that the most important role in the globalization of the development of the mineral resource base of the planet belongs to such factors-efforts: (1) to the governments of industrially developed countries to ensure national requirements for mineral raw materials (MS) (2) international economic structures of networks. The diamond market is positioned as an experimental model and a hypothesis is put forward that it was on it that the mechanism for managing global commodity markets and geological prospecting works (GPR) was developed.

Authors and Affiliations

L. SHOSTAK, O. DIKARIEV

Keywords

Related Articles

Economic security in the Ukraine european integration process

The main challenges to economic security of Ukraine towards deepening the integration process with the European common market have collaborated. Defined vision of national security in the competitive market openness comp...

Features of the formation and distribution of profit small

The article discusses the concept of " profit", the essence of formation of profit small business. Study the mechanism of formation and distribution of profits. The features that influence the formation and distribution...

Planning of the expenditure part of local budgets as an instrument of socio-economic development of the territory

In the article i`ve reviewed approaches to the definition of the budget planning as a financial management’s instrument aimed at forming the local budgets’ indicators and realized with setting as the next as the prospect...

The main determinants of the reproduction of human capital in the context of the Global Sustainable Development Goals

The article discusses the most topical issues of reproduction of the human capital in the context of global sustainable development. The author’s definition of human capital of households, human capital of corporate sect...

The range of using of analysis in the process of social Foresight

A deep and flexible strategy of socio-economic transformations must be embodied in the daily balance of tactics and operational operations. Accordingly, the effective realization of analysis, forecast and constructive mu...

Download PDF file
  • EP ID EP360304
  • DOI -
  • Views 112
  • Downloads 0

How To Cite

L. SHOSTAK, O. DIKARIEV (2018). «ALT MONETS», BLOCKCHAIN’S technologies of gold, diamond wires, oil. Формування ринкових відносин в Україні. Збірник наукових праць, 1(1), 10-31. https://europub.co.uk/articles/-A-360304