Actual problems of innovative economy

The journal is added to the the List of printed scientific professional publications in the field of economic Sciences by the Ministry of education and science of Ukraine from 11.07.2016 No. 820
The journal is indexed in the International Scientific Center of Index Copernicus International

Risks for economic security from payment systems based on distributed ledger technology Blockchain

УДК 336.744

Boiko O., аспірант кафедри міжнародних фінансів ДВНЗ «Київський національний економічний університет імені Вадима Гетьмана» (Київ, Україна)

Abstract.

International payment systems are developing rapidly under the influence of technological innovations. The technology of the distributed register of Blockchain has begun a new direction in the implementation of international payments – cryptocurrency. Cryptocurrency fluctuations are characterized by high variability in technological, technical and economic characteristics, which complicates the analysis of their utility for society. The article is devoted to the consideration of risks for economic security from the use of payment systems based on the Blockchain, using the hierarchy of economic security from micro to mega-level. The internal risks inherent in cryptographic currencies are indicated, and it is indicated on the prospect of specificity of risks separately for centralized, distributed and decentralized cryptographic currencies.

Key words: cryptocurrency, Blockchain, economic security, payment systems, mining, risks, distributed ledger.

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The article was received 15.09.2018