Integration Of Assets Research Articles

Problems of Legality and Permissibility of Using Cryptocurrencies in Making Payments in the Russian Federation

The publication touches on one of the aspects of the integration of cryptocurrencies, as a special object of civil rights, into the national legal and financial systems. Based on the specifics of the “cryptocurrency” category itself, the author distinguishes the legal turnover of cryptocurrency and foreign currency at the present stage, identifies problems that prevent the full integration of digital assets into the financial structure of the state, with the prospect of free circulation, analyzes the state of modern legislative regulation, as well as the possibility of implementing its own cryptocurrency settlement system in the country. The prospects for the development and possible improvement of the legislative framework in this dynamic and relevant area are assessed. Based on the conducted research, the article substantiates that Russian law in the field of regulating settlements using cryptocurrency follows the model of domestic legislation on currency regulation.

Healthcare can't stop evolving: innovation as the catalyst for unleashing the managerial potential of value-based healthcare by stimulating intangible assets and enhancing organizational resilience.

With increasing healthcare service utilization and the introduction of costly therapies, healthcare organizations are pressured to deliver cost-effective services within constrained budgets. Rising costs and the need for efficient healthcare delivery are major concerns for governments, insurers, and health plans. It aims to understand the impact of these intangible assets on creating value and organizational resilience in healthcare, informing better practices and strategies for VBHC implementation. An applied research approach using the Work Breakdown Structure (WBS) methodology was adopted. The research was divided into seven interconnected Work Packages (WPs), each designed to investigate different aspects of the integration between VBHC and intangible assets, with a focus on enhancing organizational resilience through innovative health processes. Key methodologies included literature reviews and qualitative analyses, employing Open Innovation and Design Thinking. The study revealed a dynamic interplay between VBHC, organizational resilience, and intangible assets. It showed that managerial effectiveness is influenced by direct patient outcomes and elements like intellectual capital and organizational reputation. Data integration from various Work Packages provided new insights into how intangible assets underpin VBHC strategies, proposing novel management approaches. Findings highlight the essential role of intangible assets in enhancing service delivery and fostering sustainable healthcare practices. The study highlights a significant oversight in the integration of intangible assets within healthcare organizations, despite their crucial role in optimizing VBHC. It supports literature emphasizing the importance of intellectual capital and organizational culture in enhancing healthcare management efficiency and resilience. A paradigm shift in VBHC to include these assets is needed for building a more adaptable and sustainable healthcare system. This integration can lead to better clinical outcomes, patient satisfaction, and overall healthcare efficiency, aligning more closely with VBHC goals. Recognizing and effectively managing intangible assets are paramount for the successful implementation of VBHC and enhanced organizational resilience. Strategic integration of these assets into healthcare management practices can significantly improve patient outcomes and create a more sustainable, patient-centered, and resilient healthcare system. Future studies should develop methodologies for robust measurement and integration of these assets to fully realize the potential of VBHC.

The Rise of Gaming Nations

The article illuminates a paradigm shift in the digital landscape, where blockchain technology, Web 3.0, and gaming communities converge to redefine socio-economic dynamics. By examining the emergence of “Gaming Nations,” this article explores how virtual environments have transcended mere leisure, evolving into thriving economic ecosystems. Through case studies, including the transformative impact of Yield Guild Games during the COVID-19 crisis, the article demonstrates how guilds, traditionally formed for gameplay, are becoming veritable businesses. The integration of blockchain assets, particularly Non-Fungible Tokens, as essential elements of gameplay, blurs the boundaries between digital recreation and traditional economic activities. By envisioning a future where digital homes hold equivalent significance to physical residences, the article provokes contemplation on the changing landscape of human interaction and productivity. This comprehensive analysis offers a forward-looking perspective on the potential socio-cultural and economic impacts of this burgeoning phenomenon at the intersection of gaming, blockchain, and Web 3.0 technologies.

Integrating cultural and natural assets in marine spatial planning: A new approach for joint management of cultural and natural assets

Effective sustainable marine management requires the integration of cultural and natural assets, a practice that is rarely attempted. This study developed and tested a new method for Marine Spatial Planning (MSP) that uses interdisciplinary knowledge of the spatial distribution of cultural and natural assets in marine ecosystems along environmental and human pressure gradients and seeks to understand their interrelationships. The study focused on Estonian marine areas in the north-eastern Baltic Sea. Environmental conditions and threats were assessed, and the extent of spatial overlap between underwater cultural heritage (UCH), natural assets and conservation measures was identified. Although nature reserves and UCH sites were generally exposed to different ranges of environmental and pressure gradients, significant overlap with UCH sites was observed for certain natural assets, as well as along gradients of current velocity, oxygen concentration, bottom sediment, and human pressure. These results highlight the value of joint archaeological and ecological analyses to identify natural assets specific to UCH regions that require protection from both a natural and cultural heritage perspective.

Features of the innovative approach in the formation of regional industrial policy

The article is considering the phenomenon of blurring boundaries between economic sectors, the merging of various stages and functions within the production process occurs, which is a distinctive feature of modern economic development. The authors emphasize imbalance in the distribution of capital: in conditions of excess financial resources throughout the national economy, there is a shortage of funds allocated for innovative projects. A key aspect of this problem is the lack of a long-term perspective and development strategy among economic entities. It is substantiated that insufficient attention to the development and implementation of risk management strategies leads to underestimation of the value of innovations with a long-term perspective, and in order to effectively overcome innovation shortsightedness, necessary an integrated approach that includes not only improving corporate culture and developing innovation infrastructure, but also improving legal and regulatory environment. The concept of innovative short-sightedness is considered, which reflects the underestimation of future benefits and the narrowing of the planning horizon of economic agents. Attention is focused on the fact that government policy and regulation can also have a significant impact on innovation activity; an imperfect legal framework in the field of intellectual property or unpredictability of tax policy creates uncertainty for entrepreneurs and investors, which can discourage investment in innovative projects. It is argued that in the context of industrial policy formation, the most significant aspects are the establishment and support of economic entities. It is emphasized that industrial policy should be focused on stimulating the primary links of production; it can be aimed at ensuring the development of high-tech sectors of the economy, which can become the driving force of innovative growth and increasing the competitiveness of national producers in world markets. In the realm of investment strategies, significant attention is directed towards crafting standards for utilizing approaches that simplify the integration of intellectual assets into economic systems, all while considering the expected duration of product viability.

Sudan: Rethinking the Conflict Between Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF)

Sudan, the third largest nation in Africa, faces severe poverty despite its abundant natural resources. Recent economic restructuring efforts offer hope for growth, but a power struggle between the military and paramilitary forces has plunged the country into a crisis. Intense violence in Khartoum and other regions has led to widespread damage to infrastructure and facilities, triggering a humanitarian crisis with millions displaced and urgent aid needs. The conflict, sparked by disputes over paramilitary integration and control of economic assets, threatens regional stability and the transition to democracy. This article analyses the conflict’s origins and proposes potential resolutions using the Protracted Social Conflict Theory.

How to combine and clean bibliometric data and use bibliometric tools synergistically: Guidelines using metaverse research

Bibliometrics (or scientometrics) is a powerful technique to assess the trajectory of scientific research. Building on the Journal of Business Research’s seminal guides for bibliometric analysis—i.e., “How to conduct a bibliometric analysis: An overview and guidelines” and “Guidelines for advancing theory and practice through bibliometric research”—and using metaverse research as a case, this article presents in-depth procedural guidelines for (i) combing and cleaning bibliometric data from multiple databases (Scopus and Web of Science) and (ii) conducting bibliometric analysis using multiple tools (bibliometrix and VOSviewer). Besides serving as a guide to harness the potential of bibliometrics for insightful assessments of scientific research, this article provides noteworthy insights into various features of the metaverse. This includes an examination of decentralized systems and the integration of digital assets, alongside innovations, the influence of industrial revolutions, and ethical and sustainable development. The dynamics of digital identity, ownership, and business models are explored in tandem with engagement strategies and multi-disciplinary perspectives of the metaverse. This comprehensive analysis also addresses metaverse challenges, market behaviors, and marketing strategies. Collectively, these insights offer a robust foundation for scholars, practitioners, and policymakers to shape the future of the metaverse with clarity, purpose, and impact.

PROSPECTS FOR REGULATION OF ACCOUNTING AND TAXATION OF VIRTUAL ASSETS IN UKRAINE

Introduction. The advent of virtual assets has brought both challenges and opportunities, reshaping global financial systems and necessitating updated regulatory, accounting, and taxation frameworks. Ukraine stands at a critical juncture, integrating these digital innovations into its legal and financial infrastructure while aligning with global standards. Purpose. This article aims to provide a thorough examination of Ukraine’s developing frameworks for the regulation, accounting, and taxation of virtual assets. It assesses the effectiveness of current strategies and identifies areas for enhancement to ensure a robust integration of virtual assets into Ukraine's financial system. Methods. The research employs a comparative analysis method, juxtaposing Ukraine's frameworks with global standards. This approach is supported by a review of recent academic literature and regulatory reports, offering a comprehensive perspective on the adaptation processes and methodologies applied in the integration of virtual assets. Results. The findings reveal that while Ukraine has made significant progress, particularly with the adoption of the "Law on Virtual Assets," gaps remain in fully securing a stable and transparent virtual asset market. The study highlights the need for continual regulatory updates and the adoption of international accounting standards to manage the complexity and volatility of virtual assets. Conclusion. Ukraine’s proactive regulatory adaptations position it to potentially lead in the integration of virtual assets globally. Continued alignment with international standards and responsive updates to regulatory frameworks are essential to harness the economic benefits and mitigate associated risks. This ongoing evolution will support Ukraine's strategic positioning in the global digital economy and foster a stable environment for innovation and investment in virtual assets.

Cyber Security Systems in Manufacturing Process Application: A Review

In recent times, technological progress has become increasingly pivotal across various sectors, particularly in engineering and its associated fields. However, organizations are grappling with numerous challenges, foremost among them being security threats such as unauthorized access to sensitive company data by external entities. The prevalence of such security issues has emerged as a significant concern for many enterprises, as the economic stability of an organization hinges on the secure integration of diverse information assets, free from external vulnerabilities. This study delves into existing literature on advancements in cybersecurity within manufacturing process networks, aiming to bolster safety measures against cyber-attacks and fortify operations. With the advent of Industry 4.0, there is a ripe opportunity to infuse modernizing elements into manufacturing systems, thereby fortifying their security infrastructure. By leveraging cybersecurity protocols, organizations can safeguard information integrity to uphold stringent safety standards effectively.

An Analytical of the Design Process of Special Economic Zone Governance in Indonesia

Arun Lhoksumawe Special Economic Zone is an economic zone established as one of the economic growth centers of Aceh Province. In the planning, pre-operational, and operational processes, Arun Lhoksumawe Special Economic Zone still faces several significant problems. Therefore, the purpose of this qualitative research is to analyze the process of designing the governance of the Special Economic Zone. This analysis process is carried out through observation with secondary data from 2018 to 2019 as research support. The results of this study show that there are weaknesses in asset management that are not proportionally distributed so that collaboration and integration of assets are needed for the optimization of the Arun special economic zone. So, the results of this study can be used as evaluation material to optimize the Arun Lhoksumawe special economic zone. Keyword: Special Economic Zones; Interest Groups; Co-operation; Assets; Arun

An Analysis on Hedging Strategies of Corporates under Ukraine Conflict

The Russia-Ukraine conflict has precipitated significant market volatility, notably affecting the energy and agricultural sectors. This paper offers a concise analysis of corporate hedging tactics in this tumultuous context. Specifically, it examines the energy sector's reaction to fuel price escalations and supply disruptions, highlighting Trafigura Group's revised risk management strategies utilizing financial derivatives to combat market unpredictability. Concurrently, the paper scrutinizes the Louis Dreyfus Company's (LDC) strategic response within the agricultural domain, acknowledging DC's proactive risk management measures, including asset insurance, alternative operational frameworks, and advanced risk assessment protocols. Additionally, the paper delves into the strategic allocation of gold as a corporate hedging instrument amidst geopolitical strife, evaluating its historical efficacy, crisis performance, and status as a potential financial refuge. The discourse concludes by articulating the imperative for adaptive, ongoing recalibration of corporate hedging strategies, underlining the integration of conventional assets like gold for comprehensive risk management amidst the ongoing Russia-Ukraine crisis.

Matchmaking in Off-Grid Energy System Planning: A Novel Approach for Integrating Residential Electricity Demands and Productive Use of Electricity

Off-grid electrification planning increasingly recognizes the importance of productive use of electricity (PUE) to promote community value creation and (financial) project sustainability. To ensure a sustainable and efficient integration in the community and energy system, PUE assets must be carefully evaluated to match both the community needs and the residential electricity demand patterns. We propose a novel methodology interlinking qualitative interviews, statistical analysis and energy system modeling to optimize decision making for PUE integration in off-grid energy systems in rural Madagascar by aligning relevant PUE effectively with anticipated residential electricity demand patterns based on socio-economic determinants of the community. We find that a possible contribution of the PUE to reducing the electricity costs depends significantly on three factors: (1) The residential electricity consumption patterns, which are influenced by the socio-economic composition of the community; (2) The degree of flexibility of (i) PUE assets and (ii) operational preferences of the PUE user; and (3) The capacity of community members to finance and operate PUE assets. Our study demonstrates that significant cost reductions for PUE-integrated off-grid energy systems can be achieved by applying our proposed methodology. When matching PUE and residential consumption patterns, the integration of PUE assets in residential community energy systems can reduce the financial risk for operators, provided the PUE enterprise operates reliably and sustainably. We highlight that the consideration of local value chains and co-creation approaches are essential to ensure the energy system is addressing the community’s needs, creates value for the community, enhances the project’s financial sustainability and is achieving the overall objectives of decentralized energy system planning.

Evolution of Intangible Property to Crypto Assets: Legal Pragmatism in Anglo-American Common Law and Chinese Civil Law

Abstract The emergence of crypto assets, a novel category of assets, has posed significant challenges to property law across various legal systems. The integration of these intangible assets into property law frameworks proves to be complicated for many civil law jurisdictions, which tend to adhere to dogmatic approaches. In contrast, Anglo-American common law and Chinese civil law systems, despite their divergent origins, have exhibited legally pragmatic responses to intangible property, including crypto assets. By examining the development of their property laws concerning property conceptualization and the treatment of emerging intangible assets, this article explores how the historical foundations of Anglo-American common law in feudal tradition and Chinese civil law in communist ideologies have fostered adaptable and flexible notions of property. This adaptability is argued to be a strength within both the Anglo-American common law and Chinese civil law systems, enabling them to accommodate innovative intangible assets more easily compared to their civilian counterparts.

TagTaste: From transformation to disruption

Evolving consumer preferences challenge dominant business logic across industries in this digital era. The dominant logic in the Food and Beverage (F&B) industry, which exploits legacy products with minor continuous improvements, is being challenged. Incumbents must pursue frequent F&B product innovation to satisfy evolving consumer preferences. However, their business models constrain the capability and agility for frequent innovation. This case study documents TagTaste’s journey in transforming the F&B industry by addressing the constraints. It developed a platform ecosystem, data-centric assets, and frameworks to undertake frequent F&B product innovation. Its novel sensory data assets and frameworks translate an F&B product into data points for assessing consumers’ product perception. Through the integration of data-centric assets and frameworks into its platform ecosystem, it has developed a novel Food and Beverage Knowledge as a Service (FBKaaS) model to foster frequent F&B product innovation. After successfully transforming F&B product innovation through FBKaaS, it aims to disrupt the F&B industry by scaling up through two key initiatives. Firstly, it aims to democratize F&B product recognition, and secondly, it aims to enhance operational efficiency through algorithmic management. This case provides insight into digital transformation, data analytics, platform ecosystem, disruption, and F&B innovation.

Extending the Docstone to Enable a Blockchain-based Service for Customizable Assets and Blockchain Types

Document management ensures the accurate creation and storage of records within diverse organizations, and the process has been significantly enhanced by digitization. In this sense, blockchain has been relevant for meeting document management solution requirements. Nonetheless, there are still challenges in efficiently implementing blockchain infrastructure in organizations. In this context, this article extends previous studies that propose DocStone, an architecture designed to provide and facilitate the integration of blockchain-based assets for the registration and verification of client applications from different domains. In terms of contributions, this solution allows us to configure parameters to create customizable asset templates and select blockchains through a developer-friendly application programming interface. In this study, we discuss and evaluate an adaptation of Docstone’s architecture to support new assets and smart contracts in a custom way and a mechanism that automatically generates mapped IPFS directories for each smart contract. We performed an empirical study evaluating the deployment of smart contracts and data write and read operations using different types of assets. Moreover, we analyzed design decisions for decentralized applications to build DocStone. Notably, the study’s findings reveal that NFTs have higher deployment latency times than documents in Sepolia and Alfajores. However, documents have the lowest latency time on both networks for write and read requests. Alfajores was the blockchain that stood out the most, with the lowest latency of operations.

Agricultural Supply Chains in Emerging Markets: Competition and Cooperation Under Correlated Yields

Problem definition: We model the development of effective agricultural supply chains (agri-chains) in emerging economies for better utilization of land and intermediate processing resources for harvested export-oriented goods. We study decisions made by farmers, intermediate processors, and government officials in agri-chains. The structure and management of supply chains and government minimum guaranteed prices to farmers affect the performance of these chains and are in the domain of our study. Methodology/results: We develop models of agricultural supply chains in which yields are correlated across regions, and farmers sell to competing capacitated processors. The models have two types of fundamental decisions: determining how much land to allocate for planting before the start of a growing season and, determining the prices offered by competing processors that purchase the harvest. We develop analytical results and algorithmic approaches for finding resulting equilibria that depend on the nature of decision making and on the structure of yield uncertainty. In particular, for all-or-nothing yields, we characterize the ranges of minimum guaranteed prices that lead to farmers’ no-production, under-production, full-production and over-production equilibria. Analytical results supported by numerical experiments allow us to conclude that appropriately setting minimum price guarantees, with the exact definition of such ranges dependent on agri-chain characteristics, can lead to first-best supply chain solutions. Managerial implications: The analysis also suggests that some farmer co-operation in land allocation or regional integration of farmer-processing assets, together with moderate minimum guaranteed prices, might be implementable pathways for achieving agri-chain efficiency in emerging economies. In an interesting result, farmlands with yields of positive correlation tend to inhibit over-production, whereas those with negative correlations tend to induce over-production. Supplemental Material: The online appendices are available at https://doi.org/10.1287/msom.2022.0076 .

Electronic Finance and Cryptocurrency Market

In an age of rapidly changing technological revolutions, where cryptocurrencies and blockchain play key roles, studying the dynamics of cryptocurrency markets at the government level is becoming an urgent need, which is not just a step into the future, but also an opportunity for countries to act forward, based on data analysis and forecasting global economic trends. Every aspect of cryptocurrency - from financial stability to technological innovation - has the potential to transform the global landscape. Studying the interaction of cryptocurrencies with national interests will not only help to determine the positions of countries in this context, but also formulate effective strategies for managing this rapidly developing economic segment. It is important to realize that those states that integrate cryptocurrency market analysis into their strategies can best adapt to the challenges of the modern world and promote their economic prosperity.The purpose of the research is to study how the introduction of digital money into the economy affects the interest of various countries in participating in trading in the cryptocurrency market. To identify the relationship between the integration of such assets into the economy and the desire of host countries to participate in cryptocurrency markets. Consequently, there is a need to analyze the mechanisms of interaction of large economic entities - states - with cryptocurrencies, as well as predict the likely responses in this context of research. Using panel data analysis, to conduct a study of the dynamics of the cryptocurrency market in the digital finance market using the example of 50 countries around the world. To identify the relationship between the attitudes of countries and the dynamics of the cryptocurrency market in order to suggest possible directions for the future development of the studied evolutionary economic sphere.Materials and methods. As a basis for the study, a balanced and informative set of indexes (17 indexes) was identified, which represents the key variables necessary for a more in-depth analysis of the dynamics of cryptocurrency markets in the context of various countries over a period of ten years (2013-2022). The “Cryptocurrency trading volume” index was chosen as the effective index. The set of indexes was selected based on their ability to reflect cryptocurrency trading volumes, investor activity, and each country’s level of involvement in cryptocurrency transactions. The impact of various factors on the volume of transactions with electronic money and digital financial assets was assessed using panel data analysis methods in the Gretl statistical analysis program.Results. As a result of the analysis using the panel data tool, three models were created: a pooled regression model, a fixed-effects model, and a random-effects model. The choice of the best model is made through testing special hypotheses - the Brisch-Pagan test and the Hausman test. The fixed effects model was preferable to the random effects model in this study. The reason is the fixed effects model’s ability to take into account the individual characteristics of each country in the sample, leading to more accurate results. Based on the study of individual fixed effects, three groups of countries were identified: those that have a positive impact on the volume of cryptocurrency trading (for example, the United States and Japan), countries with a neutral impact (for example, Germany), and countries where individual effects have a negative impact (for example, China and Russia).Conclusion. Overall results indicate that countries with advanced digital infrastructure and ease of use of electronic payments, as well as inflationary and cultural influences, may exhibit higher activity in cryptocurrency markets. Based on the fixed effects model and taking into account assumptions about the dynamics in different countries, general conclusions were formulated regarding the index analyzed in this study - the volume of cryptocurrency trading.

Review of The Definition of Smart Cities

The rapid growth of urban areas necessitates the need for cities to adopt innovative strategies in addressing various challenges such as traffic congestion, air pollution, elevated crime rates, waste management difficulties, inefficient energy usage, and more. In response to the escalating urban issues, a collaborative effort has emerged among local government bodies, businesses, non-profit organizations, and the residents themselves, all united by the vision of creating smarter cities. The smart city concept centers on the harmonious integration and synergy of human capital, social assets, and Information and Communication Technology (ICT) infrastructure. Its objective is to promote sustainable economic development and make better the overall quality of life. This paper therefore focused to define smart cities and ways of improving smartness of city. It also adopted review of literatures to explore the elements and components of smart city in order to arrive at a comprehensive definition of smart city. Keywords: Smart Cities, ICTs, Congestion, Businesses, Review. Journal Reference Format: Oladunmoye, O.M. & Obakin, O.A. (2023): Review of The Definition of Smart Cities. Social Informatics, Business, Politics, L:aw, Environmental Sciences & Technology Journal. Vol. 9, No. 3. Pp 1-8 www.isteams/socialinformaticsjournal. dx.doi.org/10.22624/AIMS/SIJ/V9N3P1.

Simplifying Rogowski Coil Modeling: Simulation and Experimental Verification.

The integration of renewable energy sources, electric vehicles, and other electrical assets has introduced complexities in monitoring and controlling power networks. Consequently, numerous grid nodes have been equipped with sensors and complex measurement systems to enhance network observability. Additionally, real-time power network simulators have become crucial tools for predicting and estimating the behavior of electrical quantities at different network components, such as nodes, branches, and assets. In this paper, a new user-friendly model for Rogowski coils is presented and validated. The model's simplicity stems from utilizing information solely from the Rogowski coil datasheet. By establishing the input/output relationship, the output of the Rogowski coil is obtained. The effectiveness and accuracy of the proposed model are tested using both simulations and commercially available Rogowski coils. The results confirm that the model is simple, accurate, and easily implementable in various simulation environments for a wide range of applications and purposes.

Do cryptocurrencies integrate with the indices of equity, sustainability, clean energy, and crude oil? A wavelet coherency approach

AbstractThe paper examines market co‐movement between pairs of financial assets in the time‐frequency domain. Recent finance literature confirms the integration of cryptocurrencies and financial assets, which may bring more investments with the possibility of surplus liquidity in the cryptocurrency segment, leading to financial instability. The novelty of this paper is examining the integration of cryptocurrencies and the indices of equity, sustainability, renewable energy, and crude oil for the daily observations from 2015 to 2021 by using the wavelet coherency method. The empirical results signify no integration in the short‐term scales and grow stronger in the medium‐term scales, especially during the COVID‐19 period, and further exhibit weaker heterogeneous associations in the long‐term scales. However, the sustainability, clean energy indices follow similar dynamics of the equity market and crypto pairs. In contrast, the global crude oil index showcases the minor integration with cryptocurrencies compared with other traditional asset classes. Hence, the cryptocurrency market fails to confirm the safe haven features, especially during the COVID‐19 periods (Medium‐term), which facilitate the domestic and international investors expecting to hedge their price risk in equity markets using cryptocurrencies may have to look for short‐term. The lead–lag heterogeneous effects of the asset‐pairs may pave arbitrage opportunities for investors.