IDEAS home Printed from https://ideas.repec.org/a/ack/journl/y2018id260.html
   My bibliography  Save this article

The Blockchain as Augmented Reality: From Hypothesis to the Basics of Theory and Practice

Author

Listed:
  • Vladimir P. Bauer
  • Sergey A. Pobyvaev
  • Sergey N. Sil’vestrov

Abstract

The article describes the main characteristics of the objective; virtual and augmented reality has been well studied and used in various applications in computer and production technologies. It is shown that in order to effectively implement regulated by legislative documents of the digital economy, it is legitimate to hypothesize that the technology of distributed register (blockchain) is essentially the augmented (objective-virtual) reality. This property is demonstrated by examples are abroad based on its latest financial technology and management. These facts confirm the findings of a number of leading Russian and foreign scientistseconomists and practitioners that traditional economics, with its transformation into a digital economy will lead to improved interface “man–computer†. In the framework of the relevance of the scientific research technology of the blockchain basic theoretical directions of development of the related technologies of the digital economy, including issues of communication, ensure the reliability of information, transaction reliability, continuity of business processes and development of new approaches to accounting and capitalization of the information content of the blockchain. The analysis of practice of application of technology of the blockchain showed that on its basis the transformation of the economic and financial models of business management in many countries of the world. This suggests the emergence of new levers of influence on economy development of the real sector and the formation by them of new digital platforms control many aspects of life of modern society. The applications of blockchain technology in various sectors of the economy (loans, currency, crowdfunding and credinvest, promotion and financing of innovative projects, calculation of production costs, management of business processes). Examples confirm the relevance and the fruitfulness of further study, the hypotheses about the presence of the blockchain properties of augmented reality for development as the actual technologies of the digital economy and improve their technology-based financial and other economic activities.

Suggested Citation

  • Vladimir P. Bauer & Sergey A. Pobyvaev & Sergey N. Sil’vestrov, 2018. "The Blockchain as Augmented Reality: From Hypothesis to the Basics of Theory and Practice," Economics of Contemporary Russia, Regional Public Organization for Assistance to the Development of Institutions of the Department of Economics of the Russian Academy of Sciences, issue 1.
  • Handle: RePEc:ack:journl:y:2018:id:260
    as

    Download full text from publisher

    File URL: https://www.ecr-journal.ru/jour/article/viewFile/260/223
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. V. Bauer P. & V. Smirnov V. & В. Бауэр П. & В. Смирнов В., 2019. "Сравнительный анализ криптовалют NEO и Ethereum в контексте становления цифровой экономики будущего // Comparative Analysis of the NEO and Ethereum Cryptocurrencies in the Context of the Digital Econo," Экономика. Налоги. Право // Economics, taxes & law, ФГОБУ "Финансовый университет при Правительстве Российской Федерации" // Financial University under The Government of Russian Federation, vol. 12(3), pages 116-124.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ack:journl:y:2018:id:260. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ð ÐµÐ´Ð°ÐºÑ†Ð¸Ñ (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.