PROMISING AREAS FOR THE DEVELOPMENT OF THE CRYPTOCURRENCY INDUSTRY IN UKRAINE AS A TOOL FOR INTENSIFYING FOREIGN TRADE ACTIVITIES OF ENTREPRENEURIAL STRUCTURES
In recent years, the cryptocurrency industry has been developing rapidly, creating new opportunities and challenges for investors, entrepreneurs, and policymakers. Ukraine has become a promising destination for investment in cryptocurrencies and blockchain development due to its favorable business e...
Saved in:
Published in: | Соціально-економічні відносини в цифровому суспільстві Vol. 3; no. 49; pp. 2 - 13 |
---|---|
Main Authors: | , , , , |
Format: | Journal Article |
Language: | English |
Published: |
FINTECH Alliance LLC
18-09-2023
|
Subjects: | |
Online Access: | Get full text |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Abstract | In recent years, the cryptocurrency industry has been developing rapidly, creating new opportunities and challenges for investors, entrepreneurs, and policymakers. Ukraine has become a promising destination for investment in cryptocurrencies and blockchain development due to its favorable business environment, highly educated workforce, and growing technology sector. Organizational and economic support for the development of foreign trade activities of Ukrainian businesses in the context of the cryptocurrency industry includes a thorough analysis and development of strategies to use these opportunities.In this article, we have considered some promising areas for the development of the cryptocurrency industry in Ukraine using general scientific and special methods of scientific knowledge, such as analytical methods, comparative analysis, methods of comparison, and generalization. From the potential of blockchain-based e-government services to the possibilities of mining and trading cryptocurrencies, the article examines the country's strengths and opportunities in this area and identifies ways to use them for future growth.To this end, the author analyzes the legal framework, the state and degree of development of the blockchain, the peculiarities and pace of mining, the degree of acceptance of cryptocurrencies in society, and the state and peculiarities of the development of cryptocurrency exchanges. Understanding the potential of the cryptocurrency industry in Ukraine, we believe that the strategic directions for promoting economic growth and technological innovation in the country are: a clear regulatory framework, a skilled workforce, abundant energy resources, and a growing number of cryptocurrency changes.These elements of organizational and economic support will help Ukrainian businesses to develop their foreign trade activities in the context of the growing influence of the cryptocurrency sphere, providing greater opportunities for investment and trade, as well as promoting the introduction of innovative technologies and increasing international competitiveness. |
---|---|
AbstractList | In recent years, the cryptocurrency industry has been developing rapidly, creating new opportunities and challenges for investors, entrepreneurs, and policymakers. Ukraine has become a promising destination for investment in cryptocurrencies and blockchain development due to its favorable business environment, highly educated workforce, and growing technology sector. Organizational and economic support for the development of foreign trade activities of Ukrainian businesses in the context of the cryptocurrency industry includes a thorough analysis and development of strategies to use these opportunities. In this article, we have considered some promising areas for the development of the cryptocurrency industry in Ukraine using general scientific and special methods of scientific knowledge, such as analytical methods, comparative analysis, methods of comparison, and generalization. From the potential of blockchain-based e-government services to the possibilities of mining and trading cryptocurrencies, the article examines the country's strengths and opportunities in this area and identifies ways to use them for future growth. To this end, the author analyzes the legal framework, the state and degree of development of the blockchain, the peculiarities and pace of mining, the degree of acceptance of cryptocurrencies in society, and the state and peculiarities of the development of cryptocurrency exchanges. Understanding the potential of the cryptocurrency industry in Ukraine, we believe that the strategic directions for promoting economic growth and technological innovation in the country are: a clear regulatory framework, a skilled workforce, abundant energy resources, and a growing number of cryptocurrency changes. These elements of organizational and economic support will help Ukrainian businesses to develop their foreign trade activities in the context of the growing influence of the cryptocurrency sphere, providing greater opportunities for investment and trade, as well as promoting the introduction of innovative technologies and increasing international competitiveness. |
Author | Nikitchenko, Yevhen Hedegaard, Michael Daher, Kаtherina Hrytsenko, Larysa Chumak, Olha |
Author_xml | – sequence: 1 givenname: Michael surname: Hedegaard fullname: Hedegaard, Michael – sequence: 2 givenname: Kаtherina surname: Daher fullname: Daher, Kаtherina – sequence: 3 givenname: Larysa orcidid: 0000-0003-3903-6716 surname: Hrytsenko fullname: Hrytsenko, Larysa – sequence: 4 givenname: Yevhen surname: Nikitchenko fullname: Nikitchenko, Yevhen – sequence: 5 givenname: Olha surname: Chumak fullname: Chumak, Olha |
BookMark | eNo90d1OpDAYBuDGaKKr3oBHvYFh-0vpIWE6Y7MIk1JM5qgpBTZjXNnAnng13uqW0XjUL2-ap1_6_gCXb9PbAMADRgnnKaM_l2FOaMJkQhChCcfoAtwQkaUbnmF5-T0jdA3ul-UFIUSkJEKiG_BxMPWTbnS1h7lReQN3tYH2UcGtelZlfXhSlYX17hwV5niwddEao6riCHW1bRtr1gG2v0yuKwUjkENb1-XZ0ZVVVaN3x5WPgdL7ClqTb-PFwupnbbVqVj0-YtQhsqo1Oi9hZNvCtkY1d-Bq9K_LcP913oJ2p2zxuCnrvS7ychMwz_ymQ0Jy2vlBjB4xQrr4CRKPuAuyE5wQyoVI-yBY6NmARcal70ccsAxM-jRwegv0p9tP_sX9nU9__PzuJn9y52Cafzs__zuF18EJkmbMMyQF4Wzog0eErB5FmSdxh2iRTyvM07LMw_jtYeTOjbnYmKOOSbc25uKy9D-can8z |
CitedBy_id | crossref_primary_10_55643_fcaptp_2_55_2024_4308 |
Cites_doi | 10.15611/pn.2019.2.16 10.32680/2409-9260-2022-1-2-290-291-60-69 10.1007/s11187-019-00309-8 10.32702/2307-2105-2022.1.74 10.32838/2523-4803/70-6-6 |
ContentType | Journal Article |
DBID | AAYXX CITATION DOA |
DOI | 10.55643/ser.3.49.2023.510 |
DatabaseName | CrossRef Directory of Open Access Journals (Open Access) |
DatabaseTitle | CrossRef |
DatabaseTitleList | CrossRef |
Database_xml | – sequence: 1 dbid: DOA name: Directory of Open Access Journals url: http://www.doaj.org/ sourceTypes: Open Website |
DeliveryMethod | fulltext_linktorsrc |
EISSN | 2786-5819 |
EndPage | 13 |
ExternalDocumentID | oai_doaj_org_article_72684a4097254edca02259ad308a23ba 10_55643_ser_3_49_2023_510 |
GroupedDBID | AAYXX CITATION GROUPED_DOAJ |
ID | FETCH-LOGICAL-c158a-b07953bae7fa0422b51091f1bc9b752235776dc74cd4e17859adf1c19c49a6c53 |
IEDL.DBID | DOA |
ISSN | 2786-5800 |
IngestDate | Mon Nov 04 19:59:26 EST 2024 Fri Nov 22 01:08:27 EST 2024 |
IsDoiOpenAccess | true |
IsOpenAccess | true |
IsPeerReviewed | false |
IsScholarly | false |
Issue | 49 |
Language | English |
LinkModel | DirectLink |
MergedId | FETCHMERGED-LOGICAL-c158a-b07953bae7fa0422b51091f1bc9b752235776dc74cd4e17859adf1c19c49a6c53 |
ORCID | 0000-0003-3903-6716 |
OpenAccessLink | https://doaj.org/article/72684a4097254edca02259ad308a23ba |
PageCount | 12 |
ParticipantIDs | doaj_primary_oai_doaj_org_article_72684a4097254edca02259ad308a23ba crossref_primary_10_55643_ser_3_49_2023_510 |
PublicationCentury | 2000 |
PublicationDate | 2023-09-18 |
PublicationDateYYYYMMDD | 2023-09-18 |
PublicationDate_xml | – month: 09 year: 2023 text: 2023-09-18 day: 18 |
PublicationDecade | 2020 |
PublicationTitle | Соціально-економічні відносини в цифровому суспільстві |
PublicationYear | 2023 |
Publisher | FINTECH Alliance LLC |
Publisher_xml | – name: FINTECH Alliance LLC |
References | 3343 3342 3341 3340 3350 3339 3338 3349 3337 3348 3336 3347 3335 3346 3334 3345 3344 |
References_xml | – ident: 3339 – ident: 3340 – ident: 3342 doi: 10.15611/pn.2019.2.16 – ident: 3341 – ident: 3334 – ident: 3335 doi: 10.32680/2409-9260-2022-1-2-290-291-60-69 – ident: 3350 – ident: 3338 – ident: 3336 doi: 10.1007/s11187-019-00309-8 – ident: 3337 – ident: 3344 doi: 10.32702/2307-2105-2022.1.74 – ident: 3343 – ident: 3346 doi: 10.32838/2523-4803/70-6-6 – ident: 3348 – ident: 3349 – ident: 3347 – ident: 3345 |
SSID | ssj0002992790 ssib056533381 ssib054421983 ssib055707568 |
Score | 1.896684 |
Snippet | In recent years, the cryptocurrency industry has been developing rapidly, creating new opportunities and challenges for investors, entrepreneurs, and... |
SourceID | doaj crossref |
SourceType | Open Website Aggregation Database |
StartPage | 2 |
SubjectTerms | blockchain cryptocurrency entrepreneurial structures foreign trade activities investment mining |
Title | PROMISING AREAS FOR THE DEVELOPMENT OF THE CRYPTOCURRENCY INDUSTRY IN UKRAINE AS A TOOL FOR INTENSIFYING FOREIGN TRADE ACTIVITIES OF ENTREPRENEURIAL STRUCTURES |
URI | https://doaj.org/article/72684a4097254edca02259ad308a23ba |
Volume | 3 |
hasFullText | 1 |
inHoldings | 1 |
isFullTextHit | |
isPrint | |
link | http://sdu.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwrV1Lb5wwELaanHqJUjVVkz7kQ28RG8AY4yMl3ixqCpGBKHtCfnHcVm3ze_pXOwPbZG-99IYMGqyZgfnGHn9DyCfupfPWumgSARIU65JI5txG3LPUe25kOuGO7qYTzUNxrZAm56nVF9aELfTAi-KuBNKRGGRlglQmeGcg6HBpPIsLkzK7QKM4P0imwJN4lsGX-Bw4kWdK8GdgDSiGQW6G2VgqijziAJuWEzWcQ4i-Auuv2CrDgywpW3E8XnsQtQ7I_ecotD4lJ3v4SMtl2q_Ii7B7TX7f6fZr3dXNDS21KjsKmR3tN4oedNik7XoeqvT2rm-rQWvVVFtaN9fYNhkv6PBFl3WjKAgoad-2t7Mc5Mxtunq9RfEwoOqbhvYaDEixAOW-7gFQonR4iVZg0EYNui5vKYgdKiyq6M7IsFZ9tYn2jRcil_DCRDYWkoNug5gMcoRZjvShU2KdtAIAG-NC5N6JzPksJKJAe0yJS6TLpMkdZ2_I8e7bLrwlVOJOcBIXFoAeNreG-8HHwoZgJ_hJm3Ny-Vex4_eFX2OEvGQ2w4jLNGzM5IhmGGES5-Qz6v7pSeTGngfAY8a9x4z_8piL_yHkHXmJk8LKkaR4T45__XgMH8jRT__4cfbEPydOz8w |
link.rule.ids | 315,782,786,866,2106,27933,27934 |
linkProvider | Directory of Open Access Journals |
openUrl | ctx_ver=Z39.88-2004&ctx_enc=info%3Aofi%2Fenc%3AUTF-8&rfr_id=info%3Asid%2Fsummon.serialssolutions.com&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=PROMISING+AREAS+FOR+THE+DEVELOPMENT+OF+THE+CRYPTOCURRENCY+INDUSTRY+IN+UKRAINE+AS+A+TOOL+FOR+INTENSIFYING+FOREIGN+TRADE+ACTIVITIES+OF+ENTREPRENEURIAL+STRUCTURES&rft.jtitle=%D0%A1%D0%BE%D1%86%D1%96%D0%B0%D0%BB%D1%8C%D0%BD%D0%BE-%D0%B5%D0%BA%D0%BE%D0%BD%D0%BE%D0%BC%D1%96%D1%87%D0%BD%D1%96+%D0%B2%D1%96%D0%B4%D0%BD%D0%BE%D1%81%D0%B8%D0%BD%D0%B8+%D0%B2+%D1%86%D0%B8%D1%84%D1%80%D0%BE%D0%B2%D0%BE%D0%BC%D1%83+%D1%81%D1%83%D1%81%D0%BF%D1%96%D0%BB%D1%8C%D1%81%D1%82%D0%B2%D1%96&rft.au=Michael+Hedegaard&rft.au=K%D0%B0therina+Daher&rft.au=Larysa+Hrytsenko&rft.au=Yevhen+Nikitchenko&rft.date=2023-09-18&rft.pub=FINTECH+Alliance+LLC&rft.issn=2786-5800&rft.eissn=2786-5819&rft.volume=3&rft.issue=49&rft_id=info:doi/10.55643%2Fser.3.49.2023.510&rft.externalDBID=DOA&rft.externalDocID=oai_doaj_org_article_72684a4097254edca02259ad308a23ba |
thumbnail_l | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/lc.gif&issn=2786-5800&client=summon |
thumbnail_m | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/mc.gif&issn=2786-5800&client=summon |
thumbnail_s | http://covers-cdn.summon.serialssolutions.com/index.aspx?isbn=/sc.gif&issn=2786-5800&client=summon |