Onishchuk D.S. —
Possibilities of implementation of blockchain technologies within the framework of functioning of the institution of self-regulatory organization as an instrument of managing political risks in modern Russia
// Law and Politics. – 2017. – ¹ 11.
– P. 61 - 65.
DOI: 10.7256/2454-0706.2017.11.24801
URL: https://en.e-notabene.ru/lpmag/article_24801.html
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Abstract: The object of this research is the institution of self-regulatory organizations in modern Russia as an instrument of managing political risks in the process of delegation of authority by the government; while the subject is the blockchain technology and the possibilities of its implementation in the process of functioning of the various institutions of modern society, particularly within the framework of operation of self-regulatory organizations. The author meticulously examines in which aspects in functioning of the self-regulatory organizations the blockchain technologies can increase their efficiency as an instrument of managing political risks in delegating authority by the government. A conclusion is made that application of the blockchain technology in terms of operation of the self-regulatory organizations can raise confidence of the citizens in the self-regulatory institution, as well as offset the political risks in delegation of authority to the self-regulatory organizations by the government. Thus, it is proven the efficiency of operation of the self-regulatory organizations as in instrument of managing political risks in delegation of authority significantly increases.