Prospects for the use of cryptocurrencies in international maritime logistics

¹ International University of Kyrgyzstan, Bishkek, Kyrgyz Republic
² Kyrgyz State Technical University n.a.I. Razzakov, Bishkek, Kyrgyz Republic

^* Corresponding author: shahnoza.gapurbaeva@mail.ru

Abstract

This article analyzes the trends in the development of cryptocurrencies and considers the main trends in their use in international water logistics. The use of cryptocurrencies in recent years has become one of the responses to the opportunities and challenges of the modern global economy, as nowadays the global digitalization being introduced everywhere affects the development of almost all spheres of the economy. As a result of digitalization, new markets, forms of communication, goods and services have emerged. Active digitalization has led to the formation of a digital profile of a person, the requests of participants in the global economy to form alternative savings instruments, not correlated with the dynamics of traditional financial markets, new money equivalents that meet the current requirements of the digital economy and are more independent of the actions of the issuing countries. The emergence of cryptocurrencies was an attempt at a technological response to the emerging problems and challenges. The main purpose of this study is to study the role and prospects of using cryptocurrencies in modern international water logistics.