The impact of the digital economy on financial infrastructure

Аннотация

Studying the experience of advanced countries in introducing innovations and modernizing the economy, and developing digital technologies is extremely relevant. In this regard, the concept of financial innovation becomes particularly relevant. The very nature of financial innovation is inextricably linked to the fact that the approach to financial products, instruments and mechanisms is changing. Innovations may be radical, and the market may not respond adequately to their appearance. Innovations can be incorrectly applied or implemented, and then they activate crisis situations and increase systemic risks in all spheres of economic life.