Digitalization of the Economy as a Platform for Creating New Values in a Transformational Environment

Abstract

The problematic issues of using the digital economy in the real sector are investigated. Trends in the development of the digital economy in Ukraine and countries of the world are determined. Possible scenarios for the development of the digital economy in Ukraine and countries of the world are indicated. The need to use new information technologies is justified to optimize processes and production, reduce transaction costs and modernize their supply chains, which will ensure a high level of competitiveness of countries with developed and developing economy. It has been proven that it is not the ability to use the digital economy to create, store, process and transmit data that will hinder progress if they cannot overcome the structural challenges associated with the implementation of digitalization of the real sector. It is proposed to use asymmetric encryption algorithms -mostly, cryptography simultaneously encrypts and decrypts Blockchain messages, which use public keys as addresses for transactions that can be implemented in the presence of private keys. The modern credit card system is based on secrecy and centralization, which uses closed Internet networks, data centers protected by firewalls, where personal information of the parties is stored.