The subject of the study is cryptocurrencies from the perspective of the possibility of using them as a means of payment in the context of economy digitalization. The aim of the work is to assess the possible consequences of the further spread of cryptocurrency in the global financial system and to find ways to overcome them. The article analyzes the history of the emergence and development of money circulation systems from the gold standard to modern conditions for the emergence of cryptocurrencies, and also discusses the possibilities of using cryptocurrencies in fraudulent schemes. As a result of the study, the following tasks were solved: a historical analysis of money circulation systems was carried out; modern trends in the development of modern payment systems were revealed; the possibilities of using electronic and virtual money in modern conditions of digital economy development were analyzed; digital fraud opportunities were evaluated; the ways of regulating cryptographic money turnover were revealed. A historical analysis of monetary systems development enables to identify the objective reasons for the emergence of cryptocurrencies and the need to develop a legal and economic mechanism for their regulation in the digital economy development. Description of cryptocurrency fraud schemes enables to identify possible ways to stop them. The problem of organizational development of the settlement of relations in the field of cryptocurrency exchange, which will prepare the Russian financial system, reduce potential risks and learn how to use the benefits arising from the cryptocurrency turnover, is being solved.

In the current economic conditions the regional development strategies are based on the achievements of science and innovation technologies. In this case the cluster approach is seen as an innovative technology of the regional economy management. The cluster is often used in modern economic systems as a term of the complex of industrial organizations, equipment suppliers, components and production services, scientific and educational organizations of territorial proximity and cooperation relations in goods or services production. The development of clusters in a market economy is needed to new production systems as the context of globalization and regionalization of economic activity. Using the Smolensk region as an example of great opportunities, we are considering the clustering generally, influence on the development of traditional industries in the region. The Smolensk region has a strategy of the flax cluster for 2018-2020. The positive dynamics of the flax development as cultivated areas can increase gross collection of the flax fibre in farms of all categories during the implementation of this strategy. It should be noted the region has problems in the flax industry; that why solving these issues it is possible to achieve sustainable competitive advantages applying measures for the flax cluster development of the Smolensk region.

Production of poultry products is one of the cost-effective areas of animal husbandry as a more rapid solution to the problem of providing the country’s population with high-value food products. At poultry farms, this allows producing eggs and poultry meat with a low expenditure of labor and other material and technical means per unit of output, that is, almost 2–3 times lower compared to other branches of animal husbandry. Studies of egg production of poultry cross “Highsex Brown” were conducted at the Smetanino poultry farm in the Smolensk region. The aim of the study was to study the effect of protein nutrition of chickens on their egg production and standardization of egg mass, as well as the role of vitamin supplements in the diet of poultry feeding on the quality of the products obtained.

The efficiency of any organization work and its financial wellbeing depend mainly on policy of managing debt receivable and its results. It is explained by the fact that debtor liabilities form the current company assets by 30–40% on average. To provide liquidity and solvency organization top management shall not allow the excessive immobilization of own working capital and its freezing in the form of non-repaid counterpart liabilities. At the same time to minimize debt receivable in current condition of company functioning is not possible. The principle cause of debt receivable rise is high competition on food and service market, due to which companies offer to their clients different conditions of settlement by contracts. This practice results in cash deficiency and can have a negative impact on finance standing of the company, which requires using different tools that could provide the timely repay of liabilities by counterparts. The article substantiates that only complex and systematic application of different methods of debt receivable optimization can give an opportunity to reach the result and raise efficiency of organization work. The effective control over debt receivable is possible, if the system is built that allows to get operative information and encashment of indebtedness without exposing the company to risks, as its excessive amount and low quality threaten profitability and solvency of the organization.