Abstract

The article reveals the essence of the concept of "digital innovation", studies the current situation of Internet communications, studies the ways of formation and development of digital banks in Uzbekistan.

Highlights

  • At the present stage, one of the most important areas of scientific and technological progress is the informatisation of all spheres of human life, based on the large-scale application of computer technology and other electronics that form information and computer systems.In modern banking, banking technologies are becoming increasingly important every day

  • The President of the Republic of Uzbekistan, Shavkat Mirziyoyev, expressed his opinion on the state of the banking sector: “the banking system lags behind modern requirements for 10-15 years, especially in terms of the development of digital technologies, the introduction of new banking products and software

  • Banking system of the Republic of Uzbekistan for 2020-2025" approved the Strategy for reforming the banking system of the Republic of Uzbekistan for 2020-2025, the Roadmap for reforming the banking system of the Republic of Uzbekistan, as well as targets for implementing the strategy [2]. This strategy was developed by the Central Bank and the Ministry of Finance in cooperation with the World Bank, taking into account conclusions and recommendations based on the assessment of the current state of the country's banking system, the experience of foreign countries in transforming the financial sector, as well as global trends in the financial sector

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Summary

Introduction

One of the most important areas of scientific and technological progress is the informatisation of all spheres of human life, based on the large-scale application of computer technology and other electronics that form information and computer systems.In modern banking, banking technologies are becoming increasingly important every day. The President of the Republic of Uzbekistan, Shavkat Mirziyoyev, expressed his opinion on the state of the banking sector: “the banking system lags behind modern requirements for 10-15 years, especially in terms of the development of digital technologies, the introduction of new banking products and software. Banking system of the Republic of Uzbekistan for 2020-2025" approved the Strategy for reforming the banking system of the Republic of Uzbekistan for 2020-2025, the Roadmap for reforming the banking system of the Republic of Uzbekistan, as well as targets for implementing the strategy [2] This strategy was developed by the Central Bank and the Ministry of Finance in cooperation with the World Bank, taking into account conclusions and recommendations based on the assessment of the current state of the country's banking system, the experience of foreign countries in transforming the financial sector, as well as global trends in the financial sector

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