Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018)

ICO Mechanism Essence and Key Concept

Authors
I. Lukasevich, T. Kozenkova
Corresponding Author
I. Lukasevich
Available Online December 2018.
DOI
https://doi.org/10.2991/febm-18.2018.59How to use a DOI?
Keywords
Digital financial instruments; Blockchain; Initial coin offering (ICO); Business financing; Corporate finance
Abstract

The study is focused on ICO, a new method of finance attraction to business by primary placement of digital financial instruments. The study provides the analysis of ICO advantages and disadvantages compared to the traditional financial instruments, as well as the prospects, restrictions and challenges related to application of the digital financial instruments. The conclusions on the abilities, restrictions and trends of application of digital instruments for financing business, by the real economy sector enterprises as well, taking into account the peculiarities of the Russian economy and legislation. It is shown that the main challenges of the digital financial instruments application are of economic character; they are caused by the lack of reasonable methods of asset evaluation and shortage of objective information.

Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018)
Series
Advances in Economics, Business and Management Research
Publication Date
December 2018
ISBN
978-94-6252-623-5
ISSN
2352-5428
DOI
https://doi.org/10.2991/febm-18.2018.59How to use a DOI?
Copyright
© 2018, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - I. Lukasevich
AU  - T. Kozenkova
PY  - 2018/12
DA  - 2018/12
TI  - ICO Mechanism Essence and Key Concept
BT  - Proceedings of the Third International Conference on Economic and Business Management (FEBM 2018)
PB  - Atlantis Press
SP  - 258
EP  - 261
SN  - 2352-5428
UR  - https://doi.org/10.2991/febm-18.2018.59
DO  - https://doi.org/10.2991/febm-18.2018.59
ID  - Lukasevich2018/12
ER  -