KFU. Card publication. The future of digital technology in Russia: Blockchain as one of the priority directions of development

KAZAN
FEDERAL UNIVERSITY

- RUS
- 中文
- ES

THE FUTURE OF DIGITAL TECHNOLOGY IN RUSSIA: BLOCKCHAIN AS ONE OF THE PRIORITY DIRECTIONS OF DEVELOPMENT

Form of presentation

Articles in international journals and collections

Year of publication

2019

��

��

Authors, employees of KFU

Garifova Liliya Fuatovna, author

Grigoreva Ekaterina Anatolevna, author

Polovkina Elvira Anasovna, author

Bibliographic description in the original language

Grigoreva E.A., Garifova L.F., Polovkina E.A. The future of digital technology in Russia: Blockchain as one of the priority directions of development // International Journal on Emerging Technologies. - 2019. - Vol. 10, Is. 2(a). - P. 42-46.

Annotation

Today, Russia is working seriously on the development of “end-to-end” digital technologies in the next five years. The national project “Digital Economy” highlights nine major “end-to-end” digital technologies, among which much attention is paid to the development of blockchain technology. As for the priority areas of introducing blockchain technology in Russia, we can distinguish five main ones: finance and insurance, transportation and storage, public administration, healthcare and manufacturing. In finance and insurance, the blockchain is expected to significantly reduce the costs of clearing and settling transactions, as well as halve the duration of transactions. The use of block-chain in the manufacturing industry will lead to a significant cost saving in paper flow and quality control of raw materials. In logistics, the blockchain will halve the cost of moving goods, as well as minimize the number of errors when sending them. The blockchain technology, according to experts, will also be able to increase public confidence in public administration where it will be applied. It will also help reduce government administrative costs for the provision of public services. Due to the use of new technology, the circulation of counterfeit medical products will be halved, as will the costs of processing and storing personal medical data. Among the problems of implementation and development of the blockchain technology in Russia, the following can be highlighted: it takes a lot of time to integrate the system into business processes (about 120 hours), to audit smart contracts requires long time, moreover, it is necessary to reduce the time for confirmation of blocks.

Keywords

blockchain, digital asset, digital economy, startup, technology

The name of the journal

International Journal on Emerging Technologies

URL

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85074652181&partnerID=40&md5=31255fa2a08d9e0ab0a0b400eb4d9428

Please use this ID to quote from or refer to the card

https://repository.kpfu.ru/eng/?p_id=215500&p_lang=2

Full metadata record

Field DC	Value	Language
dc.contributor.author	Garifova Liliya Fuatovna	ru_RU
dc.contributor.author	Grigoreva Ekaterina Anatolevna	ru_RU
dc.contributor.author	Polovkina Elvira Anasovna	ru_RU
dc.date.accessioned	2019-01-01T00:00:00Z	ru_RU
dc.date.available	2019-01-01T00:00:00Z	ru_RU
dc.date.issued	2019	ru_RU
dc.identifier.citation	Grigoreva E.A., Garifova L.F., Polovkina E.A. The future of digital technology in Russia: Blockchain as one of the priority directions of development // International Journal on Emerging Technologies. - 2019. - Vol. 10, Is. 2(a). - P. 42-46.	ru_RU
dc.identifier.uri	https://repository.kpfu.ru/eng/?p_id=215500&p_lang=2	ru_RU
dc.description.abstract	International Journal on Emerging Technologies	ru_RU
dc.description.abstract	Today, Russia is working seriously on the development of “end-to-end” digital technologies in the next five years. The national project “Digital Economy” highlights nine major “end-to-end” digital technologies, among which much attention is paid to the development of blockchain technology. As for the priority areas of introducing blockchain technology in Russia, we can distinguish five main ones: finance and insurance, transportation and storage, public administration, healthcare and manufacturing. In finance and insurance, the blockchain is expected to significantly reduce the costs of clearing and settling transactions, as well as halve the duration of transactions. The use of block-chain in the manufacturing industry will lead to a significant cost saving in paper flow and quality control of raw materials. In logistics, the blockchain will halve the cost of moving goods, as well as minimize the number of errors when sending them. The blockchain technology, according to experts, will also be able to increase public confidence in public administration where it will be applied. It will also help reduce government administrative costs for the provision of public services. Due to the use of new technology, the circulation of counterfeit medical products will be halved, as will the costs of processing and storing personal medical data. Among the problems of implementation and development of the blockchain technology in Russia, the following can be highlighted: it takes a lot of time to integrate the system into business processes (about 120 hours), to audit smart contracts requires long time, moreover, it is necessary to reduce the time for confirmation of blocks.	ru_RU
dc.language.iso	ru	ru_RU
dc.subject	blockchain	ru_RU
dc.subject	digital asset	ru_RU
dc.subject	digital economy	ru_RU
dc.subject	startup	ru_RU
dc.subject	technology	ru_RU
dc.title	The future of digital technology in Russia: Blockchain as one of the priority directions of development	ru_RU
dc.type	Articles in international journals and collections	ru_RU