Abstract
The article explores and substantiates the versatility of the category digitalization. The meaning of the digital economy is revealed. The influence of digitalization on the sector of international finance is determined, the main directions of the influence of digitalization on international monetary and financial relations are highlighted. It is argued that the digital economy is changing approaches to international financial transactions: the creation and implementation of new types of currencies (cryptocurrencies) and the possibilities of their use, the features of cryptocurrencies are disclosed. The features of application of blockchain technologies, and also other means of improvement of process of realization of payments are described. In particular, the market of mobile money transfers was characterized. The use of supply chain finance and the development of platforms for the application of such technology are also explained. Incidentally, the article identifies possible risks in the use of digital technologies in the field of international financial services.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have