Preview

Scientific Research of Faculty of Economics. Electronic Journal

Advanced search

Foundations and prospects of competitive money supply in the context of digital transformation

https://doi.org/10.38050/2078-3809-2025-17-1-7-21

Abstract

This study examines the foundations and prospects of competitive money supply in the context of digital transformation. The relevance of this topic is due to the fact of rapid development of digital technologies, as well as such innovative phenomena of the financial world as cryptocurrency, which is becoming an increasingly significant element of the financial system. The study incorporates such deep issues of economic theory as the essence and functions of money, correlating them with modern processes of digitalization of the economy. The author concludes that the prospects for a competitive money supply in the context of digital transformation depend on many factors, including technological innovations, regulatory policies and changing consumer needs, and technological innovations such as digital currencies, blockchain technologies, mobile payments and fintech startups are changing the landscape of the financial sector.

About the Author

D. Yu. Zhdanov
Lomonosov Moscow State University
Russian Federation

Dmitry Yu. Zhdanov, Postgraduate student, Faculty of Economics

Moscow



References

1. Gordienko I.V. Chastnye den'gi i ikh perspektivy v sovremennykh usloviyakh. Potentsial rossiyskoy ekonomiki i innovatsionnye puti ego realizatsii. 2017. P. 294–298 (In Russ.).

2. Zhdanov D.Yu. Osobennosti ispol'zovaniya i regulirovaniya kriptovalyuty v Rossii. Filosofiya khozyaystva. 2025. No. 1. P. 67–89. DOI: 10.5281/zenodo.14882995 (In Russ.).

3. Ivanchenko I.S. O monetarnykh funktsiyakh kriptovalyut // Finansy i kredit. 2019. Vol. 25. No. 10 (790). P. 2369–2384 (In Russ.).

4. Kondrashov G.D. Istoriya vozniknoveniya i razvitiya deneg, ikh rol' i funktsii v sovremennykh usloviyakh. Uchenye zapiski Rossiyskogo gosudarstvennogo sotsial'nogo universiteta. 2010. No. 9 (85). P. 126–135 (In Russ.).

5. Maramygin M.S., Prokof'eva E.N., Markova A.A. Ekonomicheskaya priroda i problemy ispol'zovaniya virtual'nykh deneg (kriptovalyut). Izvestiya UrGEU. 2015. No. 2 (58). P. 37–43 (In Russ.).

6. Marks K. Kapital. T. I. Marks K., Engel's F. Soch. 2-e izd. T. 23. M.: Politizdat, 1960 (In Russ.).

7. Osipov G.I. Den'gi, ikh funktsii i kharakteristiki. Matritsa nauchnogo poznaniya. 2022. No. 5–2. P. 128–134 (In Russ.).

8. Plekhanova L.S. Kriptovalyuty kak sotsial'no-ekonomicheskoe yavlenie. Vest. Mosk. un-ta. Ser. 6. Ekonomika. 2023. No. 3. P. 85–107 (In Russ.).

9. Prasad E. Novaya era dlya deneg. Finansy i razvitie. Denezhnaya revolyutsiya. 2022. P. 4–9 (In Russ.).

10. Rodina G.A. Sbrasyvayut li den'gi tsifrovoy ekonomiki svoi traditsionnye funktsii, kak zmeya kozhu? // Teoreticheskaya ekonomika. 2022. No. 1 (85). P. 120–130 (In Russ.).

11. Khayek F. Chastnye den'gi. M.: Institut natsional'noy modeli ekonomiki, 1996 (In Russ.).

12. Aramonte S., Huang W., Schrimpf A. DeFi risks and the decentralisation illusion. BIS Quarterly Review. 2021. 06 December.

13. Koshiyama A., Firoozye N., Treleaven P. Algorithms in Future Capital Markets: Available at: https://ssrn.com/abstract=3527511 (accessed: 15.11.2024).

14. Leiponen A., Thomas L., Wang Q. The dApp economy: A new platform for distributed innovation? ResearchGate. 2021.: Available at: https://www.researchgate.net/publication/353714895_The_dApp_economy_A_new_platform_for_distributed_innovation (accessed: 15.11.2024).

15. Tirole J. There are many reasons to be cautious about bitcoin // Financial Times. 2017.: Available at: https://www.ft.com/content/1c034898-d50f-11e7-a303-9060cb1e5f44 (accessed: 15.11.2024).

16. Crypto-Currency Market Capitalizations: Available at: http://coinmarketcap.com/ (accessed: 15.11.2024).


Review

For citations:


Zhdanov D.Yu. Foundations and prospects of competitive money supply in the context of digital transformation. Scientific Research of Faculty of Economics. Electronic Journal. 2025;17(1):7-21. (In Russ.) https://doi.org/10.38050/2078-3809-2025-17-1-7-21

Views: 47


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 2078-3809 (Online)