PRECONDITIONS AND PROBLEMS OF TRANSITION TO ELECTRONIC MONEY
Journal Title: Globalization and Business - Year 2018, Vol 6, Issue 6
Abstract
The article is dedicated to the actual problems of creation, intervention and introduction of electronic money cryptocurrency and blockchain technology at the modern stage. Rather narrow description is given to essence, the history of invention and the types of crypto currency (bit coin, ethereum, etc.,), advantages and defects of their use, the electronic wallet and its types, situation of the electronic money introduction in Georgia, the global cryptocurrency spread and the tendencies and prospective of its possible recognition, assessed is significance of the electronic money in manufacturing, based on the modern technical-technological achievements, money-reporting field, maximally just relations creation and by this - further growth of the economic development and accordingly the permanent enhancement of the living standards of the populations.
Authors and Affiliations
DEMUR SICHINAVA, MURTAZ MAGRADZE
Keywords
Related Articles
- EP ID EP547840
- DOI -
- Views 87
- Downloads 0
Actuarial Science and The Role of Financial Analysis in the Global Economy
Actuarial profession is one of the few small and prestigious occupations in the world. That’s actuaries have the knowledge and skills that are necessary for financial analysis and assess-ment of long-term liabilities....
Values: Limits and Contradictions
Speakers noted the difficulties and values within their borders and classification, which determines their mutual transitions. As the values of human societies and social behavior guidelines to create another level of co...
PREDICTING BANKRUPTCY OF THE ENTERPRISE AND FINSIM_PRO2018 SIMULATION MODEL IN THE STUDY PROCESS 205
Financial Statement of the Organization for Financial Reporting Analysis The main objective of any economic process, including financial analysis, is the first: to identify the reasons for the financial stability of the...
Securities Market Structure’s Peculiarities in Georgia
The article refers to the Georgian economy up and organized securities market in Georgia, the current picture of the testimony, in this regard, securities liquidity factors in determining the securities to defi ne the ro...
ACCOUNTING AND AUDITING PECULIARITIES OF COMMERCIAL BANKS
The scientific work presents the world concepts in the sphere of audit on the modern stage, including, of course, the experience of European countries in the mentioned direction. Main aspects of “social”, “staff” and “pe...