Conceptual Approach to the Development of Financial Technologies in the Context of Digitalization of Economic Processes
The successful introduction of the digital economy into the information space of the Russian Federation involves the solution of several problems associated with the transition to a new paradigm of economic development based on the digitization of social and economic processes. At the same time, the existing regulatory mechanisms and legislation do not create optimal conditions for the development of the market of new financial instruments and technologies in Russia today. There are socio-economic risks, the key ones including an increase in the outflow of capital and innovative projects to other countries, a lack of confidence on the part of potential investors in new financial instruments, a decrease in the stability of traditional financial institutions. On this basis, the following tasks have been set in this article. To consider the terminology in the field of digital economy from the theoretical aspect; to identify trends and justify the need for digitalization of economic processes based on the use of new financial technologies; to reveal the informative characteristics of financial technologies promising for Russia. This article ends with a conclusion that the development of the digital economy in Russia is due to the need to ensure the information and economic security of the state, realize the potential of the new economy to improve the standard of living and national well-being through the introduction of innovative communication and financial technologies. The impact of the “digital economy” on socio-economic processes is multifaceted. It is sustainable and permeates all spheres of life, being an integral part of modern society.