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

Vladimir P. Bauer (), Sergey A. Pobyvaev () and Sergey N. Sil’vestrov ()

Economics of Contemporary Russia, 2018, issue 1

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.

Date: 2018
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