METHODOLOGICAL ASPECTS OF THE USE OF BLOCKCHAIN TECHNOLOGY IN DEVELOPMENT BANKS ON THE EXAMPLE OF VNESHECONOMBANK
The paper shows the possibilities of the blockchain technology, identified methodological aspects of assessing the possibility of using this technology in the work of the development bank, including Vnesheconombank of the Russian Federation. The author reviewed the main content of the stages of asse...
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| Format: | Article |
| Language: | English |
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Publishing House of the State University of Management
2018-12-01
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| Series: | Вестник университета |
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| Online Access: | https://vestnik.guu.ru/jour/article/view/1239 |
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| author | S. Matveevskii |
| author_facet | S. Matveevskii |
| author_sort | S. Matveevskii |
| collection | DOAJ |
| description | The paper shows the possibilities of the blockchain technology, identified methodological aspects of assessing the possibility of using this technology in the work of the development bank, including Vnesheconombank of the Russian Federation. The author reviewed the main content of the stages of assessing the possibility of using blockchain technology in development bank. It is emphasized that blockchain technology creates a single information field, and in combination with «smart» contracts it allows for the automatic fulfillment of obligations by counterparties. In this regard, DBs have the opportunity to use blockchain technology at certain stages of the project cycle, in the information circulation of the bank itself. The transformation of Vnesheconombank, aimed at «transforming» it into a base for other Russian development institutions, currently makes testing of blockchain technology in Vnesheconombank particularly relevant. |
| format | Article |
| id | doaj-art-28728e4ddf0a4a709790c35f1e3c2092 |
| institution | Kabale University |
| issn | 1816-4277 2686-8415 |
| language | English |
| publishDate | 2018-12-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj-art-28728e4ddf0a4a709790c35f1e3c20922025-02-04T08:27:58ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152018-12-0101214214810.26425/1816-4277-2018-12-142-1481239METHODOLOGICAL ASPECTS OF THE USE OF BLOCKCHAIN TECHNOLOGY IN DEVELOPMENT BANKS ON THE EXAMPLE OF VNESHECONOMBANKS. Matveevskii0Финансовый университет при Правительстве Российской ФедерацииThe paper shows the possibilities of the blockchain technology, identified methodological aspects of assessing the possibility of using this technology in the work of the development bank, including Vnesheconombank of the Russian Federation. The author reviewed the main content of the stages of assessing the possibility of using blockchain technology in development bank. It is emphasized that blockchain technology creates a single information field, and in combination with «smart» contracts it allows for the automatic fulfillment of obligations by counterparties. In this regard, DBs have the opportunity to use blockchain technology at certain stages of the project cycle, in the information circulation of the bank itself. The transformation of Vnesheconombank, aimed at «transforming» it into a base for other Russian development institutions, currently makes testing of blockchain technology in Vnesheconombank particularly relevant.https://vestnik.guu.ru/jour/article/view/1239technology blockchaindevelopment bankvnesheconombankproject cyclemethodology |
| spellingShingle | S. Matveevskii METHODOLOGICAL ASPECTS OF THE USE OF BLOCKCHAIN TECHNOLOGY IN DEVELOPMENT BANKS ON THE EXAMPLE OF VNESHECONOMBANK Вестник университета technology blockchain development bank vnesheconombank project cycle methodology |
| title | METHODOLOGICAL ASPECTS OF THE USE OF BLOCKCHAIN TECHNOLOGY IN DEVELOPMENT BANKS ON THE EXAMPLE OF VNESHECONOMBANK |
| title_full | METHODOLOGICAL ASPECTS OF THE USE OF BLOCKCHAIN TECHNOLOGY IN DEVELOPMENT BANKS ON THE EXAMPLE OF VNESHECONOMBANK |
| title_fullStr | METHODOLOGICAL ASPECTS OF THE USE OF BLOCKCHAIN TECHNOLOGY IN DEVELOPMENT BANKS ON THE EXAMPLE OF VNESHECONOMBANK |
| title_full_unstemmed | METHODOLOGICAL ASPECTS OF THE USE OF BLOCKCHAIN TECHNOLOGY IN DEVELOPMENT BANKS ON THE EXAMPLE OF VNESHECONOMBANK |
| title_short | METHODOLOGICAL ASPECTS OF THE USE OF BLOCKCHAIN TECHNOLOGY IN DEVELOPMENT BANKS ON THE EXAMPLE OF VNESHECONOMBANK |
| title_sort | methodological aspects of the use of blockchain technology in development banks on the example of vnesheconombank |
| topic | technology blockchain development bank vnesheconombank project cycle methodology |
| url | https://vestnik.guu.ru/jour/article/view/1239 |
| work_keys_str_mv | AT smatveevskii methodologicalaspectsoftheuseofblockchaintechnologyindevelopmentbanksontheexampleofvnesheconombank |