Exploring the possibilities of using cryptocurrencies in production in creative industries

In the modern world, cryptocurrencies are widely used in various economic sectors. One of the advantages of applying this type of currency is the ability to conduct fast and secure financial transactions without the involvement of intermediaries. Cryptocurrency can become an incentive for the develo...

Full description

Saved in:
Bibliographic Details
Main Authors: A. R. Akopyan, Yu. V. Vorontsova, V. V. Krysov
Format: Article
Language:English
Published: Publishing House of the State University of Management 2024-06-01
Series:Вестник университета
Subjects:
Online Access:https://vestnik.guu.ru/jour/article/view/5263
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1832541482940104704
author A. R. Akopyan
Yu. V. Vorontsova
V. V. Krysov
author_facet A. R. Akopyan
Yu. V. Vorontsova
V. V. Krysov
author_sort A. R. Akopyan
collection DOAJ
description In the modern world, cryptocurrencies are widely used in various economic sectors. One of the advantages of applying this type of currency is the ability to conduct fast and secure financial transactions without the involvement of intermediaries. Cryptocurrency can become an incentive for the development of new business models and creation of new opportunities for small and medium entrepreneurs. The purpose of the study is to determine the potential of applying cryptocurrencies in creative industries as well as possibility of using their advantages. Almost everyone in society is a user and potential creator of intellectual activity. Its protection through a system of national and international rules called intellectual property rights is necessary to ensure financing of innovations and creativity, which, in turn, leads to economic, cultural and social progress. Intellectual property protection also contributes to the production and dissemination of knowledge and a wide range of high-quality goods and services. Copyright is the main method of prevention of piracy and theft of intellectual property. Studying the prospects of using cryptocurrency in production in creative industries is necessary to make its formation as an important tool in this area possible.
format Article
id doaj-art-7ea14309c8044d3da73ae0c8631d8aa1
institution Kabale University
issn 1816-4277
2686-8415
language English
publishDate 2024-06-01
publisher Publishing House of the State University of Management
record_format Article
series Вестник университета
spelling doaj-art-7ea14309c8044d3da73ae0c8631d8aa12025-02-04T08:28:20ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152024-06-0105344210.26425/1816-4277-2024-5-34-423098Exploring the possibilities of using cryptocurrencies in production in creative industriesA. R. Akopyan0Yu. V. Vorontsova1V. V. Krysov2State University of ManagementState University of ManagementState University of ManagementIn the modern world, cryptocurrencies are widely used in various economic sectors. One of the advantages of applying this type of currency is the ability to conduct fast and secure financial transactions without the involvement of intermediaries. Cryptocurrency can become an incentive for the development of new business models and creation of new opportunities for small and medium entrepreneurs. The purpose of the study is to determine the potential of applying cryptocurrencies in creative industries as well as possibility of using their advantages. Almost everyone in society is a user and potential creator of intellectual activity. Its protection through a system of national and international rules called intellectual property rights is necessary to ensure financing of innovations and creativity, which, in turn, leads to economic, cultural and social progress. Intellectual property protection also contributes to the production and dissemination of knowledge and a wide range of high-quality goods and services. Copyright is the main method of prevention of piracy and theft of intellectual property. Studying the prospects of using cryptocurrency in production in creative industries is necessary to make its formation as an important tool in this area possible.https://vestnik.guu.ru/jour/article/view/5263copyrightblockchainintellectual propertycryptocurrencybusiness modelsproductioncreative industries
spellingShingle A. R. Akopyan
Yu. V. Vorontsova
V. V. Krysov
Exploring the possibilities of using cryptocurrencies in production in creative industries
Вестник университета
copyright
blockchain
intellectual property
cryptocurrency
business models
production
creative industries
title Exploring the possibilities of using cryptocurrencies in production in creative industries
title_full Exploring the possibilities of using cryptocurrencies in production in creative industries
title_fullStr Exploring the possibilities of using cryptocurrencies in production in creative industries
title_full_unstemmed Exploring the possibilities of using cryptocurrencies in production in creative industries
title_short Exploring the possibilities of using cryptocurrencies in production in creative industries
title_sort exploring the possibilities of using cryptocurrencies in production in creative industries
topic copyright
blockchain
intellectual property
cryptocurrency
business models
production
creative industries
url https://vestnik.guu.ru/jour/article/view/5263
work_keys_str_mv AT arakopyan exploringthepossibilitiesofusingcryptocurrenciesinproductionincreativeindustries
AT yuvvorontsova exploringthepossibilitiesofusingcryptocurrenciesinproductionincreativeindustries
AT vvkrysov exploringthepossibilitiesofusingcryptocurrenciesinproductionincreativeindustries