Proceedings of the Internation Conference on "Humanities and Social Sciences: Novations, Problems, Prospects" (HSSNPP 2019)

Monetary History and Money Types in Digital Economy

Authors
T. Krasota, R. Bazhenov, I. Mironova, U. Abdyldaeva, N. Bazhenova
Corresponding Author
R. Bazhenov
Available Online July 2019.
DOI
https://doi.org/10.2991/hssnpp-19.2019.154How to use a DOI?
Keywords
digital currency, information-related capital goods, information services, digital technologies, electronic money, digital economy
Abstract
The history of monetary supply in a digital economy is a matter of concern in the paper. In fact, the dynamics of all economy fields provoke monetization and development of new types of money. Furthermore, the opposite interdependent process is also possible, i.e. the diversity of money contributes to the advancing of economy development and society in general. The article dwells upon the development and current situation in introducing electronic money and electronic funds transfer systems in Russia. The authors review the main stages of monetization, its development and current affairs in the context of economic globalization and digital technology development. It proves the necessity to maintain total financial supervision on the part of the government in the society, since electronic money ramps up payment disintermediation that is facilitated by means of information technology at present-day time. The authors point out the facts mentioned above to be the introduction of unique monetary phenomena in modern economy that are worth to be scientifically-based.
Open Access
This is an open access article distributed under the CC BY-NC license.

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Cite this article

TY  - CONF
AU  - T. Krasota
AU  - R. Bazhenov
AU  - I. Mironova
AU  - U. Abdyldaeva
AU  - N. Bazhenova
PY  - 2019/07
DA  - 2019/07
TI  - Monetary History and Money Types in Digital Economy
BT  - Proceedings of the Internation Conference on "Humanities and Social Sciences: Novations, Problems, Prospects" (HSSNPP 2019)
PB  - Atlantis Press
SP  - 802
EP  - 806
SN  - 2352-5398
UR  - https://doi.org/10.2991/hssnpp-19.2019.154
DO  - https://doi.org/10.2991/hssnpp-19.2019.154
ID  - Krasota2019/07
ER  -