Preview

Entrepreneur’s Guide

Advanced search

Formation of an effective financial strategy for Russian marketplaces in the context of the development of digital blockchain technologies

https://doi.org/10.24182/2073-9885-2025-18-4-40-49

Abstract

The article is devoted to the development of recommendations for the formation of an effective financial strategy for Russian marketplaces based on the implementation of digital blockchain technologies for using cryptocurrency settlements in the payment system of e–commerce market participants. An assessment is made of the effectiveness of the influence of digital technologies on the formation of the financial strategy of marketplaces. This article analyzes the feasibility of using virtual money to improve the effectiveness of the financial strategy. This study also reflects the results of research on the practical implementation and use of digital blockchain technologies and cryptocurrency in the financial strategies of the leaders of the Russian marketplace market, formed on the example of leading e–commerce participants such as Wildberries LLC, Internet Solutions LLC (Ozon) and DNS Retail LLC. The proposed measures are substantiated by mathematical calculations of the projected amounts of income and expenses associated with the use of cryptocurrency as an effective method of payment for goods posted on marketplaces. The introduction of digital blockchain technologies and cryptocurrency into the financial strategies of Russian marketplaces is a relevant direction for the development of the online commerce market in order to increase its competitiveness and the emergence of additional innovative advantages in the global arena, that is, in general, in the international marketplace market. The results of the calculations and analysis of the proposed measures made it possible to establish the amount by which revenue, gross profit and net profit of «platform economy» companies can grow. As a result, this made it possible to prove the effectiveness of forming a financial strategy in the context of using digital blockchain technologies.

About the Author

V. A. Fedorov
St. Petersburg University of Management Technologies and Economics
Russian Federation

Postgraduate student 

Moscow 



References

1. Adamova K.R. Finance, Blockchain, and Financial Stability: Toward a Sustainable Future. Finance and Credit. 2025. Vol. 31. No. 4. Рр. 45–71. – URL: https://www.fin-izdat.ru/journal/fc/2025.php (date of access: 17.09.2025).

2. Appalonova N.A., Kondakov P.V. Blockchain Technology in the Modern World of Finance. TISBI Bulletin. 2020. No. 2. Рр. 146–149. – URL: https://www.tisbi.ru/nauka/vestnik-universiteta-upravleniya-tisbi (date of access: 17.09.2025).

3. Balakshin I.S. Developing a Definition of the Term «Marketplace» as a Key Element of Modern E-Commerce. Russian Economic Bulletin. 2024. Vol. 7. No. 3. Рр. 185–192. – URL: https://dgpu-journals.ru/archives/11958 (date of access: 17.09.2025).

4. Balkizov A.Kh., Svishchev A.V. The latest developments in blockchain technologies and cryptocurrencies: application in finance, digital identifiers and smart contracts. My professional career. 2023. Vol. 2. No. 54. Рр. 99–106. – URL: https://mpcareer.ru/arhiv-nomerov (date of access: 17.09.2025).

5. Bisultanova A.A. Advantages and disadvantages of cryptocurrency. Economy and business: theory and practice. 2022. No. 5 (87). Pр. 105–107. – URL: http://economyandbusiness.ru/arhiv-zhurnala-2022-g (date of access: 17.09.2025).

6. Ermakov N.S. Effects of implementing blockchain technology in finance. Bulletin of the Plekhanov Russian University of Economics. Introduction. Path to Science. 2019. No. 3 (27). Pр. 155–164. – URL: https://www.rea.ru/structure/departments/departament-informatsionnyih-tehnologiy/izdatelsko-poligraficheskiy-tsentr/nauchnyie-jurnalyi/nauchnyie-jurnalyi-vestnik/jurnalyi (date of access: 17.09.2025).

7. Ershova E.Yu. Sales Performance Indicators on Marketplaces. Economy and Entrepreneurship. 2023. No. 1 (150). Рр. 1471–1474. – URL: http://www.intereconom.com/archive.html (date of access: 09/17/2025).

8. Krasilnikov O.Yu. Advantages and Disadvantages of Cryptocurrency Development. Bulletin of Saratov University. 2018. Vol. 18. No. 3. Рр. 253–258. – URL: https://eup.sgu.ru/ru/journal/2018/3 (date of access: September 17, 2025).

9. Parushina N.V., Proskurin A.V. Features of forming marketplace development strategies taking into account the effectiveness of financial indicators. Economy: yesterday, today, tomorrow. 2023. Vol. 13. No. 3-1. Рр. 820–826. – URL: http://www.publishing-vak.ru/archive-2023/economy-3.htm (date of access: September 17, 2025).

10. Rakhimov A.Yu. Using Blockchain Technology in Financial Operations. Bulletin of Modern Research. 2018. No. 9.4 (24). Рр. 245–247. – URL: https://istina.msu.ru/journals/51715456 (date of access: 17.09.2025).

11. Sinyakina A.Yu. Financial Management Based on Blockchain Technologies. Alley of Science. 2021. Vol. 2. No. 12 (63). Рр. 320–324. – URL: https://alley-science.ru/arhiv_nomerov_2021_god (date of access: 17.09.2025).

12. Terekhova L.A., Terekhov S.V., Chanturia G.T., Lyublinskaya N.N., Nechaev A.M. Cryptocurrency market: state, problems and prospects. Modern competition. 2022. Vol. 16. No. 3. Рр. 40–52. – URL: https://www.moderncompetition.ru/jour/issue/archive?issuesPage=1 (date of access: 17.09.2025).

13. Shlyapkin M.A. Advantages of Cryptocurrencies in the Context of Economic Pressure and Restrictions. Science of the 21st Century: Current Development Directions. 2022. No. 1-2. Рр. 87–90. – URL: https://nauka21veka.ru/journals/science-journal-1-2022 (access date: 09.17.2025).

14. Kang D., Leng M. Optimal retail pricing, interest rate, and interest allocation ratio decisions in an online platform-assisted financing system. Operations research letters. 2025. No. 60. Рр. 1–14. – URL: https://www.sciencedirect.com/science/article/abs/pii/S016763772500029X (access date: 09/17/2025).

15. Rath S., Basu P., Mandal P., Paul S. Financing models for an online seller with performance risk in an e-commerce marketplace. Transportation research part e: logistics and transportation review. 2021. No. 155. Рр. 1–17. – URL: https://www.sciencedirect.com/science/article/abs/pii/S1366554521002313 (accessed: 17.09.2025).


Review

For citations:


Fedorov V.A. Formation of an effective financial strategy for Russian marketplaces in the context of the development of digital blockchain technologies. Entrepreneur’s Guide. 2025;18(4):40-49. (In Russ.) https://doi.org/10.24182/2073-9885-2025-18-4-40-49

Views: 19


Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 License.


ISSN 2073-9885 (Print)
ISSN 2687-136X (Online)