The main advantages of cryptocurrency are justified: confidentiality and, therefore, the security of owner data; independence from the state; absence of territorial and time constraints in transactions; low cost of service, etc. The advantages and disadvantages of using cryptocurrency in the period of exacerbation of economic crisis are presented. The global experience of legal and market regulation of cryptocurrency circulation is considered. Prospects for the further functioning of cryptocurrency as a financial innovation in modern economic systems are outlined.
Actuality of research theme. In the current context of reforming the education sector, the problem of financial support for the initiated reforms needs special attention, since its success depends on the degree of its sufficiency. This fully applies to the system of vocational education, as in recent years the problem of shortage of workers has been actualized. It is possible to solve the problem of providing the leading branches of the national economy with personnel only in the conditions of sufficient level of financing of education in general and profesional-technical in particular.Problem statement. The issue of managing the reform process and decentralizing power to ensure the country's sustainable development is intrinsically linked to the educational reform process, so finding effective reform mechanisms and funding levels requires particular attention and in-depth theoretical and practical research. Analysis of the last researches and publications. Significant contribution to the consideration of the problem of development of education and its financing were made by Burkovskaya Ya. G., Vovkanych S., Petrenko V.P., Palekhova V.A., Semov L. [1-4] and others. Selection of unexplored parts of general issue. The formation of conditions for the sustainable development of the national economy depends on the level of provision of the necessary personnel, compliance with the level of their preparation to the requirements of the present, which cannot be ensured without sufficient level of education funding. Therefore, there is a need to study the effectiveness of funding mechanisms for profesional-technical education in Ukraine in the context of decentralization and reform of the administrative and territorial structure in the country. Task statement, research aim. The purpose of the study is to evaluate the level and mechanisms of financing the process of reforming and developing profesional-technical education in Ukraine. Method or methodology of realization of research. In the process of realization researches drawn on scientific (analysis and synthesis, induction and deduction, analytical grouping) and special (abstracting, economical-mathematical design, etc.) methods of study of the economic phenomena and processes. Exposition of basic material (job performances). This paper analyzes the dynamics and mechanisms of financing the reform of profesional-technical education in Ukraine.As a result of the analysis of the structure of funding sources, it has been established that in recent years there has been a shift in the financial burden for the maintenance of profesional-technical education institutions from the state to local budgets.It is shown that according to the actual and planned indicators of financing, there is a coincidence in relation to the state budget with systematic failure to meet the planned indicators by local budgets.The effectiveness of financial support for the decentralization of profesional-technical education reforms has been analyzed. The results show that at the initial stage of reforms, their success was threatened by the under-financing by their local governments. At the state level, the problem was solved in 2016 through a stabilization grant.According to the analysis of the dynamics of the state budget subvention volumes to the local budgets for the modernization and updating of the technical and technical base of the profesional-technical institutions, its distribution between the regions of Ukraine and the level of implementation of the planned indicators, it has been found that during 2016-2018, its volumes increased from UAH 50 million to 100 million, and in 2019 decreased to the level of 2016. The actual amount of the subvention was lower than planned, which resulted in a total underfunding of UAH 11 million 235.3 thousand.The analysis showed that during 2016-2019, the regional funding priorities had changed, but the subsidy volumes did not depend on the size of the oblast and the corresponding amount of profesional-technical institutions in them.The conducted analysis showed that the highest level of subsidizing the modernization and updating of the material and technical base of vocational schools during the 2016-2019 years was received by Kharkiv, Kirovograd, Kherson, Dnipropetrovsk, Odessa, Ternopil and Kyiv regions. Poltava and Transcarpathian regions received the lowest subsidies in these years.Consequently, the imbalances in the distribution of subsidies are not justified and the subsidy mechanism needs a more prudent approach, since among the regions that have not received subsidies are those where there is a significant need for staffing.The foregoing makes it possible to conclude on the establishment of a system of financing vocational services, in particular continuous, non-deficit ways, taking into account regional needs of the labor market and the level of provision of educational services. It will be advisable in further studies to look for mechanisms to further attract financial resources for the development of profesional-technical education on public-private partnerships. It is promising to study the procedures for compensation of interest on credit resources by banking institutions in cooperation with stakeholders to improve educational services.Conclusions. The analysis of the dynamics and mechanisms of financing the reform of profesional-technical education in Ukraine shows that in recent years there has been a shift in financial burden for the maintenance of profesional-technical institutions from state to local budgets.It is established that there is a coincidence of actual and planned indicators of funding in the state budget and a discrepancy in local budgets.The level and effectiveness of financial support for the decentralization of profesional-technical education reforms have been analyzed. It has been shown that due to the underfunding of local budgets at the initial stage of reforms, their extension was in jeopardy. The situation was corrected by the use of a stabilization grant from the state budget.According to the results of analysis of the dynamics of the state budget subvention volumes to the local budgets for modernization and updating of the technical and technical base of the profesional-technical institutions, its distribution between the regions of Ukraine and the level of implementation of the planned indicators, it was established that during 2016-2019 the regional priorities for financing changed, but the volumes of the subvention did not depend the size of the area and the corresponding amount of profesional-technical institutions in them. The analysis showed that there are imbalances in the distribution of subsidies between regions, which is not justified, so the subsidy mechanism needs a more prudent approach, since among the regions that received subsidies are those where there is a significant need for staffing. The above makes it possible to conclude the establishment of a system of financing profesional-technical services, including continuous, deficit-free ways, taking into account the regional needs of the labor market and the level of provision of educational services (involvement of teaching staff of qualified specialists, exchange of experience, international internships, extension of the list educational services, etc.).
Purpose. The aim of the article is substantiation of the role of digital infrastructure in the process of digital transformation of Ukraine and analysis of the possibilities of using blockchain technologies. Methodology of research. General and special methods of economic research are used in the course of scientific research, in particular: analysis and synthesis to reveal the economic essence of digital infrastructure; statistical and graphic methods ‑ in the analysis of world trends in the development of information and communication technologies, methods of induction and deduction, abstract and logical method ‑ in drawing conclusions from the results of the study. Finding. Definitions of digital economy, suggested in domestic economic literature, are considered. The author’s definition of this concept is substantiated. Areas of activity have been identified in which the introduction of digital technologies will play a decisive role in the context of digital transformation. The Concept of the development of the digital economy and society of Ukraine and the directions of digital development defined by this Concept are considered. The types of digital infrastructures and the main digital technologies that ensure their formation are given. The essence of the concept of blockchain and the scope of its possible application in Ukraine in order to protect data and ensure cybersecurity is revealed. Originality. The author's definition of digital economy is offered, in which special value is given to introduction and real use of digital technologies in various spheres of human activity. The role of digital infrastructure and main technologies that ensure its formation is substantiated. The directions of using blockchain technologies and measures that need to be implemented for further digital transformation of Ukraine are proposed. Practical value. The results of the study will contribute to the formation of the institutional basis for further development of information technologies in Ukraine, their introduction into the real sector of the economy, and in the future ‑ building an effective digital economy focused on innovation in production and services. Key words: digital economy, digital infrastructure, digital transformation, information and communication technologies, blockchain.
An article is devoted to the complex problem of the programming budgeting legislation aspects implementation in Ukraine and in the economically developed countries also. In Ukraine during the last two decades special legal documents were accepted in order to use the program-target method in the budgetary process regulation. Some of these documents are mentioned in this article. Taking into account the necessity of the legislation norms in the field of programming budgeting in Ukraine improvement, an international experience in the respective financial law sphere is important as a source of new ideas for the legislation norms in Ukraine further development and harmonization with legislation norms accepted in the economically developed countries also. That is why in this article programming budgeting international practice achievements and faults are analyzed. An attempt to concentrate attention on the respective problematic questions in the budgetary law sphere is undertaken. The characters of the administrative, centralized, model of the programming budgeting, which occur in the countries with the presidential form of govern, and also the contractive, decentralized, model of the programming budgeting, which occur in the countries with the considerable power of the parliament, are described. Attention is focused on the analysis of the accepted by the Organization for Economic Cooperation and Development programming budgeting classification, what includes the performance-oriented budgeting model, and also the performance budgeting models, namely: the presentational performance budgeting; the performance-informed budgeting; the direct performance budgeting. Comparative analysis of these models implementation shows that in order to reach positive result the financial law special acts were accepted in different countries. Taking into account the necessity of the public finance sphere organization improvement, it is reasonable for this purpose to concentrate attention on the performance-informed budgeting legislation development in Ukraine.
Blockchain has been gaining focus in research and development for diverse industries in recent years. Nevertheless, innovations that impact to the banking nurture a potential for disruptive impact globally for economic reasons; however it has received less scholarly attention. Hence the effect of blockchain technologies on banking industry is systematically reviewed. The relevant literature is extracted from Scopus, Web of Science and bibliometric techniques are applied. While a bulk of earlier papers focuses only on bit coins, a broader framework is envisaged that synthesizes interdisciplinary thematic areas for advancement; hence novelty in current work. A few practical and theoretical implications for stakeholders in view of technology, law and management are discussed.
Currently, the migration fact of many transport enterprises to the Internet cloud has been noted, where the use of information technology is one of the factors for the active use of enterprise innovative potential, revealing new opportunity to increase revenue, improve efficiency and achieve better results. New concepts and terms have been developed with the emergence of the digital economy. Thus tariffs for transport services of enterprises engaged in international transport are replenished with new content. Introducing information systems, using an intelligent user interface, auto-indexed technological tools, transport companies strengthen their influence on international markets, increase volume of service export. Working with blockchain technology is not a particularly difficult task for transport enterprises. The use of the blockchain-based cryptocurrency mining mechanism to increase revenues encourages transport enterprises to improve their organizational structure, create IT departments, introduce new management methods and personnel remuneration systems without limitation to traditional approaches developed by practical activities. A topical issue in the study of cryptocurrency mining and closely related to the implementation of blockchain technology in the activities of transport enterprises remains the issue of the peculiarities forming the cost of services for an enterprise using blockchain technology. In the near future, artificial intelligence will become an indispensable tool for transport enterprises and service organizations. The rapid development of the digital eco-nomy and information technologies in the activity of transport enterprises will serve as the basis for formation of prerequisites for a transition to the V technological mode and development of market relations based on innovative technologies.
Problem setting. In modern conditions special consideration is attracted to the global discussion related to the nature and unshadowing of cryptocurrencies. One of the most relevant topics for discussion in the cryptocurrency space is the future legal regulation of this sphere and the necessity of tight control of financial institutions in the cryptocurrency trading. Nowadays on the territory of Ukraine the legal regulation of the cryptocurrency sphere remains unresolved, effective legislative changes have not been adopted yet. However, some consensus has already been reached on the territory of the European Union in the field of the legal regulation of cryptocurrencies reformation, which causes unconditional interest for Ukrainian scientists and businesses. Based on the stated above, the purpose of the article is to analyze the legal regulation of cryptocurrency unshadowing in the European Union in order to identify the most effective mechanisms for its adaptation into the domestic legal framework. Analysis of recent researches and publications. Some aspects of the legal regulation of the domestic legislation reformation in the sphere of cryptocurrencies have become the subject of scientific research of such authors as Burkovskaya A. V., Varnavsky A. V., Vasilevskaya L. Yu., Kravchenko L. M., Kud A. A., Kucheryavenko N. P., Lizunova A. N., Lunkin T. I., Perebinis M. G., Smychok E. N., and others. At the same time, comprehensive studies of the European Union legislation innovations in the sphere of the cryptocurrency unshadowing and the impact of the reformed legal EU regulation on national legislation of Ukraine is not carried out, that fact actualizes the theme of the article and further research and development. Article’s main body. European leaders today have reached the consensus on the issue that innovative technologies, which are the basis of cryptocurrencies, have the potential to increase the efficiency of the financial system and the economy as a whole, both at the national level and across the European Union. At the same time, European experts have not yet formed a unified approach to the nature and legal status of virtual currency. Scientists argue that increasingly virtual (fiat) currencies are used to finance terrorism through transaction anonymity, so the European Union introduces additional monitoring of virtual currencies and transactions, legalized in Directive (EU) 2018/843, which was analyzed in the article. Repeated attempts to legalize digital assets in Ukraine were made by the legislator, however, none of the bills has been adopted and so far the only regulatory act that would resolve the issues of the cryptocurrencies’ legalization and effective measures to unshadow them have not been adopted, which, in turn, requires the intensification of the legislators’ activities, given the rapid development of cryptocurrencies and innovations. Conclusions and prospects for development. The study showed multivariate interpretations of the legal text of the Directive (EU) 2018/843 by member-countries, as well as the presence of a hidden control regime that goes beyond the needs of the document. At the same time, the Directive (EU) 2018/843 is intended to become an effective regulator of legal relations in the sphere of cryptocurrencies and requires its gradual implementation in the legislation of Ukraine in order to fulfill the international legal obligations of our state.
The article reveals the economic essence of cryptocurrency as an information and technological innovation. The authors have determined that cryptocurrency is a universal global means of payment, exchange, and investing, which exists in the form of a highly protected software code and is characterized by a free market exchange rate. Having considered technical, technological, and organizational aspects of using cryptocurrencies, the authors carried out the comparison of electronic money and cryptocurrency. The done analysis of markets and types of cryptocurrencies has enabled to form a ranking of cryptocurrencies by level of capitalization. The article describes the dynamics of the growth of cryptocurrency market capitalization and the domination of a Bitcoin’s market share. The authors have ascertained strengths of Bitcoin, which had allowed this cryptocurrency to become a useful international means of payment with the high investment potential. The article examines weaknesses of the exchange of cryptocurrency both ordinary consumers and governments. The authors have proven that institutionalization ensured by the formal and informal establishment of rules for functioning of cryptocurrency is necessary for effective functioning of cryptocurrency. The authors have substantiated three positions of institutional support describing the attitude of countries to functioning of a cryptocurrency market: a loyal position, categorical position, and position of anticipation. The authors have developed an organizational and economic mechanism for forming a cryptocurrency market based on functions, methods, and tools of management and suggested directions for undertaking a policy in the sphere of functioning of a cryptocurrency market for countries with the position of anticipation. The process of virtualization of modern society is inevitable. Сountries with the position of anticipation should support the course on innovation by solving a range of regulatory, technical and information issues on the development of the cryptocurrency market, based on leading international experience. The primary tasks should be: granting the legal status of cryptocurrency and developing rules for its circulation, introduction of technological innovations with the participation of the state, large corporations and venture funds, creation of an open ecosystem for interaction of all participants, as well as wide information support at all levels.
This paper substantiates the selection of the most effective new economic and organizational tools, approaches and methods for national enterprises and regions of the mining industry that the Fourth industrial revolution offers. To this end, the role of the mining industry in the world in new conditions, its significance for Ukrainian economy and regions, areas, specializing in this field, are identified. A set of measures, which are based on the analysis of digital tools used by mining enterprises of the world, as well as on the study of the experience of applying advanced approaches and methods, have been offered for the development of the Ukrainian mining industry in conditions of the Fourth industrial revolution. This complex consists of proposals for enterprises of a technological and organizational feature, suggestions for government authorities, including of fiscal and monetary measures, and proposals for smart specialization in the Dnipropetrovsk region. It was defined that the most effective technologies for national enterprises are disruptive ones that ensure the creation of new equipment components and mechanisms, their smart technical maintenance, optimization of production process control, monitoring of health status and quality of safety. At the level of state authorities, it is advisable to introduce tax investment incentives, use traditional and alternative sources of financing, adhere federalism principles with respect to natural resources and fiscal decentralization, improve relations between mining enterprises and local jurisdictions using the capabilities of social ratings. At the regional level, it is proposed to build a regional industrial policy, based on conceptual foundations of smart specialization with the creation of a favourable market environment in the region through the use of soft fiscal and financial regulation tools, governmental R&D programs, and enabling conditions for the innovative development of the mining sector of the economy and its integration with other sectors.
Money is a widely accepted commodity, which enables us to determine the economic value of purchased goods and services and make payments. The dynamic development of technology and social expectations has expanded the spectrum of available types of payment instruments, including e-money and cryptocurrencies. Among dematerialized means of payment, cryptocurrencies began to play an important role due to their independence from central financial institutions and a highly effective form of saving money. The paper aims to present legal authorization, referring to cryptocurrencies, in countries of the European Union and prove that bitcoin is a high-riskу financial instrument. The methodology of the study was based on the review of available legal acts and literature (regarding the nature and function of money) and Value at Risk (VaR) model on the example of risk assessment of cryptocurrencies with respect to investing in the selected currencies. The outcomes showed several discrepancies in the definition of cryptocurrencies. They indicated that bitcoin, as one of the best-known cryptocurrencies, does not fulfill the functions of money formulated in economic theory (in relation to e-money). Besides, cryptocurrencies have been shown to be high-risky instruments.
A. A. Baev, V. S. Levina, Adriana Reut, Александр Александрович Свидлер · 6 authors
Over the past few years the popularity of blockchain technology has grown significantly. It is able to make change as the economic environment, as also identifying new approaches to business management. The paper is devoted to innovative aspects that appear and have a tendency to develop in the field of accounting and audit due to the blockchain technologies development. This technology can affect entire industries, and especially the financial sector. The decision to use blockchain in combination with appropriate data analytics can help in accounting processes, as well as in conducting daily transactions involved in the audit. The transition to a financial system with a significant element of the blockchain opens up many opportunities for the profession of an accountant and the skills of the auditor will be focused more on concerning issues of a higher level. The methodological base of the study includes the theory of accounting and auditing, as well as the principles of operation of blockchain technologies in the aspect of their application in finance. The study overviews the main trends in the development of blockchain technology in accounting and auditing based on foreign scientific studies, as well as reviews of blockchain practices in articles by various scientists. The result of this research is an analysis of blockchain technologies in the finance field. The study depicts conclusions about the degree of applicability of this technology in the Russian Federation, reflects the main problems, risks and benefits from the introduction of this technology. This paper may promote an interest to the current professionals in the accounting and auditing field, as well as to professionals working in the range of building data exchange systems between employees involved in working with finances.
We have established that a relatively new market of cryptocurrency is the subject of great interest for research under the current conditions of financial innovations in payment services. Our findings have revealed objective prerequisites for creating cryptocurrency as an innovative means of information-based payment. Cryptocurrency poses a challenge to the financial system of Ukraine since both the central bank and other state regulators can not control its emission and circulation. They show the growth dynamics in cryptocurrency market capitalization where Bitcoin predominates. Although cryptocurrency is not included in the National Register of payment systems and it is officially prohibited for circulation in Ukraine, our country ranks among the world’s top five countries by number of users of different bitcoin-wallets.
 We have examined the strengths of Bitcoin that have made this cryptocurrency a convenient means of international payment with a high investment potential. The results show disadvantages to using cryptocurrency for both the whole country in general and ordinary consumers in particular. We have defined main threats that national governments can face in case of an unregulated spread of cryptocurrency. Also this study, based on the works of leading foreign scientists and financial market experts, systematizes factors that influence the price of Bitcoin. It substantiates opportunities and prospects for the cryptocurrency market development in Ukraine.
 The study has shown that cryptocurrencies have their own niche in payment systems; they are quite competitive and reliable financial instruments. The growth dynamics of cryptocurrency market capitalization in the world makes Bitcoin the most successful example of the use of virtual currency in the information economy. As the modern society is being inevitably virtualized, our country’s economy should follow the path of innovations by finding solutions to a number of technical, economic and legal issues on the cryptocurrency market development in Ukraine through involving the experience of the leading European countries.
N. Pantielieieva, Н. В. Рогова, Serhii Braichenko, S. DZHOLOS · 5 authors
The article is devoted to the analysis of transformation of economic relations due to the emergence of such phenomenon as cryptocurrency. It is substantiated that its appearance is connected with the development of the information society, the formation of the virtual economy and the spread of digitization processes in all spheres of economic activity. It is proved that despite the innovative nature of the revolutionary character and the considerable potential for stimulating radical changes in the sphere of economic relations and economic model of modern society, the cryptocurrency is a confirmation of the evolution of money. From the point of view of the theory of money, the ability of cryptocurrency to perform the functions of money (measures of value, means of payment and medium of exchange, accumulation, world money), as well as new specific functions — social, regulatory, indicative and others, — have been proved.
 Analysis of the practice of cryptocurrencies spread gave the opportunity to reveal their characteristic features on grounds of the format of money, unit of account, legal status, money creation, stability of payment, mechanism of exchange, regulation and supervision, risks, etc. In addition, the positive properties of cryptocurrencies and their possible negative effects are identified.
 It is emphasized that the adoption and active spread of cryptocurrencies leads to the transformation of economic relations, and more precisely, the objective formation of a new system of economic relations as a compensator of the negative manifestations of a modern economic society, which, at the same time, has exacerbated to some extent the threats to the traditional monetary system. This is confirmed by the tendencies of the development of the cryptocurrency market, changes in the position of the central banks of the countries of the world from rigid rejection to the development of national cryptocurrencies, including in Ukraine.
 The problematic aspects of determining the legal status of cryptocurrencies in the regulation of cryptocurrency in Ukraine from the point of view of civil-law relations and relatively criminal-law context have been identified. It is concluded that it is necessary to determine the legal status of cryptocurrency in Ukraine, taking into account the position of the leading countries of the world.
The paper analyzes global publications in blockchain research on a series of quantitative and qualitative indicators, using Scopus database. Blockchain research published a total of 4629 research publications in 9-year period during 2010-18. The publications registered a fast growth of 150.24 per cent and registered average citation impact per paper of 5.04. The paper profiles most productive countries, organisation, authors and journals on select bibliometric indicators. The top 29 highly-cited papers in this area are also analysed.
International Journal of Psychosocial Rehabilitation - IJPR, is an editorial & peer-reviewed journal publication for mental health care providers, practitioners, nurses, consumers, and applied researchers, bearing ISSN: 1475-7192.
The subject of the study is the justification for the need for further decentralization processes in<br> Ukraine.<br> The aim of the study is to analyze the results of the reform of decentralization of power in Ukraine,<br> to identify the problems and risks that accompany the modern process of decentralization.<br> Research methods. In the work uses a set of scientific methods that reveal the essence of the<br> modern process of decentralization reform, including grouping and benchmarking techniques for<br> building tables; systemic, historical, logical methods that help to reveal the dynamics of decentralization<br> processes and ensure the effectiveness of research.<br> Results of work. Based on the study of the formation of united collectives over the 5 years, it can<br> be argued that the most successful are the territorial associations of cities of regional significance,<br> which have the highest development potential, are less dependent on subsidies, have the ability to form<br> resources from their own sources. For small territorial associations, it is necessary to consider issues<br> regarding their territorial expansion and corresponding increase in population.<br> The field of application of results. System of financial sciences for public administration,<br> economics and public finance management.<br> Conclusions. Decentralization processes in modern conditions of reforming the economy of Ukraine<br> are investigated; problems and risks regarding the further formation of united collectives are examined.
The relevance of the study is that globalization and the integration of the international economy provide excellent opportunities for economic development through international trade and investment. It is necessary to make the product and services more competitive. One of the factors determining the competitiveness of trade is how quickly and how economically the goods can be delivered. The competition in the logistics industry is continually growing, which forces participants to improve their efficiency, improve quality and reduce costs. In these conditions effective IT solutions are vital tools for logistics and the ability to manage the logistics processes in the business environment in the context of globalization is a factor of competitiveness. Within the framework of this paper, the existing business processes of cargo delivery were described. The study of the process of interaction of international supply chain participants made it possible to identify the ineffectiveness of existing processes to understand what can be replaced and corrected with the introduction of blockchain technology. The main reason of inefficiency is the low level of business processes digitalization. The cases of existing blockchain projects for the logistics industry were investigated. The article provides possible cases of using blockchain for the logistics industry.
The topic under study is relevant, as the cryptocurrency market in recent years has been characterized by a high level of demand at the level of the global economy. It should be noted that the most common cryptocurrency Bitcoin was developed in 2009, and the cryptocurrency market arose only in the early 2010 s. (after the global financial and economic crisis of 2008-2009), which shows that there is no historical retrospective of the impact of the global economic crisis on the cryptocurrency market. At the same time, since the first quarter of 2020, the world economy as a whole is in recession (a reduction in the global volume of real GDP), which has caused the global economic crisis. Research of the dynamics of the exchange rate value of Bitcoin as the main cryptocurrency in 2020, as well as the dependence of demand in the cryptocurrency market from the stage of the economic cycle and other macroeconomic factors is the purpose of these theses.
Today, the coronavirus infection COVID-2019 deals a devastating blow to the economies of most countries due to disruption of production chains, the bankruptcy of small and medium-sized businesses, increasing the number of unemployed, and more. Under these conditions, the coverage of digitalization of all sectors of the economy and basic spheres of life of citizens becomes especially important. The article is devoted to the analysis of the possibilities of the latest blockchain technologies, artificial intelligence, and the Internet of Things in view of their impact on the transformation of the business process management system. The study used methods of bibliographic analysis of scientific publications and analytical reports of international organizations related to the concept of “Industry 4.0” and diseases of coronavirus infection, analyzing from the audit point of view, how to reinforce the principles of transparency, responsibility, and participation. It has been proven that blockchain technology is able to service online payments without intermediaries, receipt, and transfer of digital assets, as well as political elections and voting. Artificial intelligence models can help map, manage, predict, and model complex processes, reducing uncertainty, and supporting professionals in decision-making. The Internet of Things allows you to transfer information, improve control and automation, and provide opportunities to optimize the company’s operating costs. The result of the study can be practically valuable for many stakeholders: auditors – conducting audits by artificial intelligence; public administration – developing measures to address the economic, social and political crisis triggered by the pandemic, by building trust between government and citizens through communication, and by ensuring transparency and accountability. Keywords: blockchain, artificial intelligence, Internet of Things, COVID-19, health care crisis, economic crisis, political crisis, control, public administration, financial management.
The study has proved that the use of V-statistics is a reliable tool for assessing the forecast horizon of the entrepreneurship model. According to the results obtained, the forecast time horizon for most of the studied cryptocurrencies does not exceed 30 days when using daily observations. Computer experiments have confirmed the effectiveness of the implementation of machine learning methods and algorithms for solving the problems of forecasting the short-term dynamics of financial instruments, for example, cryptocurrency. In particular, a BART model has been developed or ARIMA-ARFIMA ensembles can be used as the basis for algorithms for automated trading systems designed for online trading. The developed methodological approach and recommendations on the practical application of the system of economic and mathematical models based on the tools of binary autoregressive trees and data mining allow developing a short-term forecast of innovative financial instruments in order to make effective investment decisions on the crypto market. A comprehensive analysis of the state and dynamics of the cryptocurrency market, their features, advantages, and disadvantages allows concluding that despite significant fluctuations in their exchange value and gaps in legislative regulation, digital currencies are a modern stage in the evolution of means of payment. Therefore, crypto assets and IT technologies on their platforms quickly adapt in the modern globalized world and will occupy a worthy place in the innovative digital economy.