Concept of Standardization in the Cryptosphere

DOI: 10.33917/es-4.196.2024.54-61

The article dwells on the Concept of standardization in the cryptosphere in the Russian Federation, which includes substantiation of the need for standardization in the cryptosphere, definition of the “cryptosphere standard” term, types of cryptostandards, principles and tasks of standardization, provisions for organizing standardization in the country, stages of standardization. Particular attention is paid to the content of crypto standards and their role in increasing the efficiency of the country’s economy.

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Aspects of Developing and Testing New Financial Technologies for International Payments

DOI: 10.33917/es-4.196.2024.30-37

The article dwells on the effectiveness of cryptocurrency technologies for international payments. Insufficiency of cryptocurrency resources for solving this problem under sanctions is shown. The author proposes a way to solve the problem by creating an international financial system based on a digital golden gram (abbreviated in English: DiGGram or digram) — a stealth cryptocurrency with an anonymous group stable and a zero-knowledge algorithm. It will be impossible for unfriendly states to track transactions of such currency. Emission of digram will not require mining or electricity consumption. Taxation of foreign trade transactions with digram should be carried out in the same way as taxation of transactions with other currencies. The article proposes an original information technology for the forced unlocking of blocked Eurodollar financial assets and converting them into resources to support the emission of a gold gram for forming financial assets of countries participating in the financial system based on a digital gold gram. The proposed measures will make it possible to unite up to 30 countries subject to sanctions into a new international financial system and create financial resources in the amount of up to 0 billion, of which up to 0 billion can be used to service international payments of the Russian Federation.

References:

1. V TsB prizvali “probovat’ vse” dlya resheniya problemy perevodov za rubezh [The Central Bank urged to “Try Everything” to Solve the Problem of Transfers Abroad]. RBK, Finansy, 2024, 26 iyunya, available at: https://www.rbc.ru/finances/26/06/2024/667c04189a79474a3d678ec2

2. Summarnaya kapitalizatsiya kriptovalyut dostigla 2,4 trln dollarov [Total Capitalization of Cryptocurrencies has Achieved .4 Trillion]. Blockchair, available at: https://blockchair.com/ru/news/summarnaa-kapitalizacia-kriptovalut-dostigla-24-trln-dollarov–d28ebf3e52

3. Kitay, Indiya i Turtsiya stali glavnymi torgovymi partnerami Rossii v 2023 godu [China, India and Türkiye have become Russia’s Main Trading Partners in 2023]. Izvestiya, 2024, 8 aprelya, available at: https://iz.ru/1678604/2024-04-08/kitai-indiia-i-turtciia-stali-glavnymi-torgovymi-partneramirossii-v-2023-godu

4. Valyuta, osnovannaya na odnom gramme zolota [Currency Based on one Gram of Gold]. Dzen. 2023. 10 iyulya. URL: https://dzen.ru/a/ ZKxbgrfr_3KEBIFV

5. Kogda poyavitsya novaya valyuta BRIKS i kak ona povliyaet na rubl’ [When the New BRICS Currency will Appear and How it will Impact the Rouble]. T–Zh. 2024. 18 aprelya. URL: https://journal.tinkoff.ru/news/brics-currency/

6. Yuliya Abdulbarova. Top-7 stran pod sanktsiyami: kak zhivut gosudarstva pod sanktsionnymi ogranicheniyami? [Top 7 Countries under Sanctions: How do States Live under Sanctions?]. LinDEAL. URL: https://lindeal.com/trends/top-7-stran-pod-sankciyami-kak-zhivut-gosudarstva-pod-sankcionnymi-ogranicheniyami

7. Zamorozka aktivov. Traditsii i novye printsipy raboty Zapada s rezervami tret’ikh stran [Asset Freezing. Traditions and New Principles of the West’s Work with Reserves of Third Countries]. Dzen, 2023, 27 dekabrya, available at: https://dzen.ru/a/ZYvtfjnG4kyLlH9F

National Digital Currency: a Look into the Future

DOI: 10.33917/es-5.171.2020.74-81

Demographic crisis remains one of the main challenges to socio-economic development of Russia. The COVID–19 pandemic

has aggravated preconditions for a possible recovery from depopulation. The present article substantiates the need to develop and approve the RF social doctrine upon completion of national projects in 2018–2024. The authors suggest their own approach to overcoming the socio-demographic crisis with regard to the long-term demographic dynamics in Russia. Various scenarios of the “post-coronavirus” future of both specific countries and the world as a whole are proposed

Formation of a digital increase model within the EAEU transparency and success of ensuring control over the movement of assets between participants in commodity, financial and property transactions

DOI: 10.33917/mic-2.91.2020.5-12

The article discusses the problems of creating a digital model for increasing transparency and the success of ensuring control over the movement of assets between participants in commodity, financial and property transactions within the framework of the EAEU financial system. It is proposed to increase the observability of any segments of the financial system, which can be digitally structured by electronic digital identification of each currency in the monitoring spaces of digital financial assets. The results of the analysis can be used to optimize the operational dynamics of electronic transactions of explicit alliances and informal cartels of financial agents in the observed space of digital formats of financial communications, taking into account the movement of funds in various forms and denominated in different currencies.

When the Possibility of Joint Action Come True

DOI: 10.33917/es-1.167.2020.92-99

The issues of simplifying settlement operations have been and are still facing the participants of both domestic national and international markets. With a certain approach to their use, money can become a special commodity or may take the form of algorithms that apply cloud technologies, the level of volatility of which does not always meet the expectations. The present article outlines views on the possibility of resolving these issues through creating within the economic integration association of a common accounting unit in a digital format that is linked to one of the most liquid types of energy

Cryptocurrency Management Model for Forming the EAEU Unified Electronic Currency

#6. For the High Norm
Cryptocurrency Management Model for Forming the EAEU Unified Electronic Currency

The article discusses the possibility of forming (based on cryptocurrency principles) a single electronic currency of the EAEU. On the basis of a cryptocurrency approach — e-currency emission — it becomes possible to solve the problems of increasing investments, including to overcome the limited capabilities of national financial institutions in their competition with financial and banking groups — non-residents of the EAEU member states. A cryptocurrency management model allows to solve the problem of rearranging volumes, structure and conditions of emission and turnover of digital financial assets within the EAEU as a kind of bundled package of various types of investment resources based on an integrated cryptocurrency control, mining and ICO (Initial Coin Offering) in conjunction with economic activity and exchange rates of the EAEU Member States. The unified financial system of the EAEU in terms of financial resources amount will be able to withstand the risks of currency and financial collapses due to manipulative games and currency attacks by international speculative groups.

Labor Globalization and New International Currency Emission as an Opportunity and Means of Technological and Infrastructural Renaissance of BRICS and EAEU Countries in the XXI Century

#7. Maint Games
Labor Globalization and New International Currency Emission as an Opportunity and Means of Technological and Infrastructural Renaissance of BRICS and EAEU Countries in the XXI Century

The paper dwells on the prospects of labor globalization with the help of online-controlled bots and networks structures. It specifies directions and amount of investments for technological and infrastructural renaissance of BRICS and EAEU countries in the XXI century. The article proposes issue and backing principles for a new international currency as an investment source of infrastructure renaissance. The above measures should be implemented as an integrated project.