Transformation of the national payment system within the framework of the diffusion of blockchain technology – An assessment of economic externalities: The Russian Federation case study
Subject. The article investigates the national payment system and its transformation as part of the transition to cryptotransactions, using the digital money. Objectives. The aim is to determine how blockchain technologies can affect the economy of the Russian Federation. Methods. The study employs the method of scientific analysis. Results. We reveal the potential of economic growth of the Russian economy, associated with blockchain technologies. Conclusions. The paper presents economic and social effects of the introduction of blockchain technologies on their penetration into the payment system.
Keywords: blockchain technology, national payment system, digital money, scenario analysis, risk
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