Keyword: «electronic money»

Electronic technologies serve the development of economy and improvement of its elements. This is the basis for the emergence of new form of money and as a result payment systems of credit institutions, their means of information and computer technologies improve. Modern payment arrangements are distinguished by their convenience, high reliability, comfort and speed of obtaining finance, enabling them to enter our daily lives. In this situation, the economy of a state is impossible without high-monetary system, which would not use modern payment system. The current payment system in the country largely influences on efficiency of financial markets and banking sector.

This paper describes the experience of the functioning of sitematizatsii cryptocurrency and their impact on the development and implementation of development strategies of regional economic systems in accord-ance with modern trends in monetary policy. Also, mechanisms of influence are determined cryptocurrency on the monetary policy of central banks.

Electronic money has appeared relatively recently, but it can be confidently asserted that they have a number of advantages over the "real" ones: convenience, relative simplicity and speed of calculations. However, there is no widespread use of electronic money in Russia. This is caused by a number of legislative problems related to the lack of a full-fledged electronic money status and, as a consequence, distrust on the part of the population.

The article provides a characteristic of cryptocurrencies and electronic money and talks about the trends in their development and use in Russia and other countries, since the introduction of these technologies is a significant phenomenon due to the specifics of the modern activities of the financial sector. The aim of the work is to consider the trend of digital money development, to determine which money is most popular among the population. The reasons for development or its absence in the sphere of implementation in the financial sphere of life are examined. The work results in the conclusion that electronic money is developing more efficiently compared to cryptocurrencies.

This article considers bitcoin cryptocurrency: it’s possible replacement for traditional currencies such as ruble, dollar, euro. The «blockchain» system is described and the question of ideal accounting is answered. Suitable conclusions are proposed to believe that bitcoin will not be able to replace fiat money for states.