PROCEEDINGS OF THE International Scientific and Practical Conference: DIGITAL FINANCE 2020 (DF2020) Conference February 7, 2020 in Moscow, Miklukho-Maklaya St., 6, Russia
The international scientific and practical conference “DIGITAL FINANCE 2020” is the successor of
the annual international round table “Financial technologies in the digital economy: problems and
prospects of development in the world and Russia”, which was held at the faculty of Economics for two
consecutive years (2018, 2019).
Traditionally, the event was organized by the Department “Finance and credit” Faculty of Economics,
RUDN. The event was co-organized by the Financial University under the Government of the Russian
Federation, the Faculty of Business and information technology of the University “Turan-Astana” and
National University of Science and Technology MISIS.
This book addresses the processes of digitalization in various areas of Finance. We presented
selected papers from the conference where we discussed a lot of important questions and points of
three main sections issues:
- “Institutions and markets in the digital environment”,
- “Corporate and public finance and control in the digital environment”,
- “Financial innovations, engineering, monetary systems and financial regulatory policies”.
The aim of the paper is to analyse and identify trends in digital. This article is devoted to the study of the role of digital technologies as the main trend in the development of the insurance market in Russia in recent years. The purpose of this work is to analyse and identify trends in digital technologies for the insurance market in Russia. Online sales of insurance policies in Russia since 2012 were studied using statistical methods and financial indexes. In our study, calculations of average values were made for the first time to evaluate Russian insurance. The work contains an analysis of the structure of online sales by type of insurance from 2014 to 2017, as well as a study of the activities of leading companies in life insurance. The reasons for the lack of digital and information technologies in the field of life insurance are revealed.
The goal of the present paper is to identify the main ways of use of cryptocurrencies and to clarify the place of cryptocurrencies in the system of digital currencies. Technological (use of distributed ledger) and organizational (absence of the center of emission) features of cryprocurrencies were identified. These features were used as a basis for a strategic classification matrix of digital currencies. Four main types of digital currencies were identified. It is demonstrated that cryptocurrencies can be divided into classic (decentralized) and centralized (collective) currencies. A description of specific features and prospects of development is given for each type of digital currencies. It is demonstrated that cryptocurrencies will mostly be used to increase the efficiency of payments, not as a substitute for traditional money. It is demonstrated that the refusal to use distributed ledger technology is not equal to refusal to use blockchain. Blockchain can be used to ensure high level of security for payment system with a sole emission center.