REGISTRATION CERTIFICATE

KV #19905-9705 PR dated 02.04.2013.

 FOUNDERS

RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE)

According to the decision No. 802 of the National Council of Television and Radio Broadcasting of Ukraine dated 14.03.2024, is registered as a subject in the field of print media.
ID R30-03156

 PUBLISHER

Liburkina L. M.

 SITE SECTIONS

Main page

Editorial staff

Editorial policy

Annotated catalogue (2011)

Annotated catalogue (2012)

Annotated catalogue (2013)

Annotated catalogue (2014)

Annotated catalogue (2015)

Annotated catalogue (2016)

Annotated catalogue (2017)

Annotated catalogue (2018)

Annotated catalogue (2019)

Annotated catalogue (2020)

Annotated catalogue (2021)

Annotated catalogue (2022)

Annotated catalogue (2023)

Annotated catalogue (2024)

Annotated catalogue (2025)

Thematic sections of the journal

Proceedings of scientific conferences

The Development Tendencies of the Financial Services Market’s Management with Use of Financial Instruments
Smyrnova O. V.

Smyrnova, Olesia V. (2019) “The Development Tendencies of the Financial Services Market’s Management with Use of Financial Instruments.” Business Inform 3:302–308.
https://doi.org/10.32983/2222-4459-2019-3-302-308

Section: Finance, Money Circulation and Credit

UDC 336.02; 336.1; 336.7

Abstract:
The globalized financial system, strengthened by the digitalization of society, has led to the growth of a significant part of tax-exempt incomes in Ukraine, which necessitates the immediate reform of all segments of the financial system. A system analysis of the modern financial market is carried out. New types of financial instruments are considered – active (financial intermediaries, financial services executors, financial engineers, etc.) and passive (cryptoassets, tokens of various types, including cryptocurrency), their classification is analyzed together with the appropriate infrastructure that is blockchain. Features of development of financial instruments of the financial services market are identified. The concept of digital finance is separated from cryptofinance and the irreversible transition of the world financial system into the cryptofinancial is substantiated. The materials of the article can be used for further development of the theory of cryptofinance and creation of a regulatory base on functioning of the State cryptofinancial system.

Keywords: cryptocurrency, financial services, financial intermediation, crypto-financial instruments, cryptoactives, tokens, blockchain technologies, financial engineering, ІCO.

Bibl.: 16.

Smyrnova Olesia V. – Postgraduate Student, Department of Finance, Kyiv National University of Trade and Economics (19 Kіoto Str., Kyiv, 02156, Ukraine)
Email: [email protected]

List of references in article

Tapskott, D., and Tapskott, A. Tekhnologiya blokcheyn: to, chto dvizhet finansovoy revolyutsiyey segodnya [Blockchain technology: what drives the financial revolution today]. Moscow: Eksmo, 2017.
Swan, M. Blockchain: Blueprint for a New Economy. O'Reilly Media, 2015.
Antonopoulos, A. M. Mastering Bitcoin: Unlocking Digital Cryptocurrencies. O'Reilly Media, 2014.
Franco, R. Understanding Bitcoin: Cryptography, Engineering and Economics. John Wiley & Sons, 2014.
Lukianov, V. S. “Zarodzhennia rynku kryptovaliuty v informatsiino-merezhevii paradyhmi“ [The emergence of the crippling market in the information and network paradigm]. Aktualni problemy ekonomiky, no. 8 (2014): 436-441.
Smokvina, H. A. “Finansova bezpeka yak stratehichna skladova ekonomichnoi bezpeky Ukrainy“ [Financial security as a strategic component of Ukraine's economic security]. Ekonomika: realii chasu, no. 3 (2014): 30-36.
Makovoz, O. S., and Perederii, T. S. “Blokchein yak zaporuka valiutnoi bezpeky“ [Blocchein as a pledge of currency security]. Skhidna Yevropa: ekonomika, biznes ta upravlinnia. 2018. http://www.easterneurope-ebm.in.ua/journal/12_2018/63.pdf
Mazaraki, A., and Volosovych, S. “Dominanty instytutsiinoi modernizatsii finansovoi systemy Ukrainy“ [The domains of institutional modernization of Ukraine's financial system]. Visnyk Kyivskoho natsionalnoho torhovelno-ekonomichnoho universytetu, no. 1 (2016): 5-23.
Naumenkova, S. V., and Mishchenko, S. V. Rynok finansovykh posluh [Financial services market]. Kyiv: Znannia, 2010.
Chuhunov, I. Ya., and Kozarezenko, L. V. “Derzhavne finansove rehuliuvannia rozvytku liudskoho potentsialu“ [State financial regulation of human potential development]. Visnyk KNTEU, no. 3 (2017): 116-132.
Sidenko, V. R. et al. Instytutsiina transformatsiia finansovo-ekonomichnoi systemy Ukrainy v umovakh hlobalizatsii [Institutional transformation of Ukraine's financial and economic system in the conditions of globalization]. Kyiv: KNTEU, 2017.
Chuhunov, I. Ya. et al. Derzhavne finansove rehuliuvannia ekonomichnykh peretvoren [State financial regulation of economic transformations]. Kyiv: KNTEU, 2015.
“Kurs NBU na 07.11.2017 r.“ [NBU course on 07.11.2017]. https://finance.i.ua/nbu/?d=7&m=11&y=201
Smyrnova, O. V. “Ekonomichna sutnist upravlinnia finansovymy instrumentamy rynku finansovykh posluh“ [Economic essence of management of financial instruments of the financial services market]. Naukovyi visnyk Khersonskoho derzhavnoho universytetu, no. 29 (1) (2018): 121-125.
Volosovych, S. V. “Derzhavne rehuliuvannia rynku kryptovaliut: zarubizhnyi dosvid“ [State regulation of the market is crippled: foreign experience]. Zovnishnia torhivlia: ekonomika, finansy, pravo, no. 1 (2018): 97-111.
“Sammit G20 prines khoroshie novosti dlia kriptovaliuty i bitkoin vyros na $1000“ [The G20 summit brought good news for cryptocurrencies and Bitcoin rose $1,000]. https://mining-cryptocurrency.ru/sammit-g20-horoshie-novosti-dlya-kriptovalyuty/

 FOR AUTHORS

License Contract

Conditions of Publication

Article Requirements

Regulations on Peer-Reviewing

Publication Contract

Current Issue

Frequently asked questions

 INFORMATION

The Plan of Scientific Conferences

 OUR PARTNERS

Journal «The Problems of Economy»