Blockchain as a technology for the transition to a new digital economy

Менциев, А У; Guzueva, E R; Yunaeva, S M; Engel, M V; Abubakarov, M V

doi:10.1088/1742-6596/1399/3/033113

Cited by 12 publications

(11 citation statements)

References 7 publications

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“…Natalia [ 5 ] suggests that development of a digital economy contributes to business development and the use of innovative technologies. Mentsiev et al [ 6 ] contributed research indicating that a digital economy enables companies to expand their business scope by using the Internet, thus creating business value. Davies et al [ 7 ] found that a digital economy provides new opportunities for enterprises.…”

Section: Literature Reviewmentioning

confidence: 99%

The Impact of Digital Economy on the Efficiency of Green Financial Investment in China’s Provinces

Tian

Zhang

2022

IJERPH

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The global digital operation of finance has accelerated, and the transformation and upgrading of the financial industry has been fully empowered by digital technology, which has promoted the development of traditional financial industry toward green finance. Accelerating the pace of China’s entry into the digital economy era has given the green financial industry new opportunities in its digital transformation. Therefore, the research reported in this paper selects provincial panel data and discusses the impact efficiency of the digital economy on green financial investment in China by static panel OLS and the threshold model method, and constructs a threshold model with regional industry scale and green financial audit as threshold variables. These steps are used to analyze the nonlinear characteristics of digital economy and green financial efficiency. The results show that the digital economy can improve the overall efficiency of China’s green finance, and there are two threshold effects with regional industry scale as the threshold variable and one threshold effect with green financial audit support as the threshold variable. The results show that the development of a digital economy improved the investment efficiency of green finance in all provinces of China. In addition, through our research, we found that the application of the digital economy in green finance can reduce the imbalance of regional economic development. China should also strengthen the supervision of green auditing to promote the development of new green financial formats.

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Section: Literature Reviewmentioning

confidence: 99%

The Impact of Digital Economy on the Efficiency of Green Financial Investment in China’s Provinces

Tian

Zhang

2022

IJERPH

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“…He pointed out that the digital economy could effectively improve the organizational form of enterprises and the cooperation efficiency of various departments (Balcerzak and Pietrzak, 2017). In addition, Mentsiev et al (2019) thought that the digital economy was a commercial and trade activity based on the Internet. E-commerce is a representative form of the digital economy.…”

Section: Digital Economymentioning

confidence: 99%

Digital economy and ecological performance: Evidence from a spatial panel data in China

Shen

Zhao

et al. 2022

Front. Environ. Sci.

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The rapid development of information and communication technologies has brought the concept of digital economy into the limelight. Data elements have played a more important role in economic production. As an environmentally friendly economic model, the data factor-driven economy, compared to the traditional one, has low energy consumption and less pollution emissions. Hence, the effect of digital economy development on ecological performance is worth exploring. We measured the digital economy index and the ecological performance index for 30 provinces in China. Furthermore, the relationship between the two was analyzed with the help of a dynamic spatial Durbin model. The results showed the following: 1) closely related to the regional economic foundation, the development level of the digital economy showed obvious spatial characteristics that were high in the eastern region and low in the western region in China. 2) Over time, the pattern of ecological performance in China has changed markedly, showing a high level in the south and a low level in the north. 3) The digital economy showed a significant promoting effect on ecological performance, with a strong externality in space that could have a spillover effect on the surrounding areas. 4) The effect of the digital economy on ecological performance had a significant positive effect, although it lagged behind over time. In addition, the effect has regional heterogeneity and was more obvious in developed regions. Based on these findings, we recommend that the role of ICT in economic activity be strengthened in some developed regions. However, in some developing regions, a balance needs to be struck between digitalization and environmental benefits. At the same time, developed regions should be encouraged to realize economic collaboration with developing regions, with the help of data elements in an effort to narrow the regional gap.

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“…e virtual economy can achieve high-profit income through short-term investment when the market supervision is low, so it is accompanied by greater risks [18,19]. While the real economy is in operation, physical substances are cyclical in the formation and circulation stage, and only one cycle can be completed before a certain profit can be obtained.…”

Section: Two Kinds Of Economic Relationsmentioning

confidence: 99%

Feasibility Analysis Model of Transformation from Real Economy to Virtual Economy Based on Association Rule Algorithm

Gao

Zhao

et al. 2021

Mobile Information Systems

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The transformation of the real economy to the virtual economy is one of the necessary ways for social and economic development. By analyzing the definition of real economy and virtual economy, the relationship between them, and the relationship between finance and virtual economy, a feasibility analysis model for the transition from real economy to virtual economy is designed based on association rule algorithm, and provide feasibility analysis for “from entity to virtual.” At the same time, based on the scale measurement theory of virtual economic cycle, this paper establishes the rule-constrained Apriori algorithm model. Then, the input-output structure decomposition method is used to analyze the feasibility of the transformation from the real economy to the virtual economy. Through the analysis, we know that the multiplier value in the real economy is higher than that in the virtual economy, which promotes the substantial growth of its own output. The total amount of virtual economy is growing rapidly, but economic transformation is incomplete. The expansion of the real economy has increased the total output value of virtual laser machines. Therefore, the feasibility of transforming from a real economy to a virtual economy has a good relationship.

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Blockchain as a technology for the transition to a new digital economy

Cited by 12 publications

References 7 publications

The Impact of Digital Economy on the Efficiency of Green Financial Investment in China’s Provinces

The Impact of Digital Economy on the Efficiency of Green Financial Investment in China’s Provinces

Digital economy and ecological performance: Evidence from a spatial panel data in China

Feasibility Analysis Model of Transformation from Real Economy to Virtual Economy Based on Association Rule Algorithm

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