Some Aspects of the Use of Digital Technologies in Domestic Banking

The paper contemplates to the digitalization of domestic banking activities. The paper analyzes the conditions necessary for the digitalization of banking activities, one of which is the conclusion of an agreement in the form of a smart contract. In addition, the article identifies the subjects of banking activity and defines their role in its digitalization. The purpose of the study is to analyze domestic legislation, local regulations of financial platform operators regulating the use of digital technologies in banking. Conclusions obtained during the study. Conclusions obtained in the course of the study. Currently, digital platforms and systems have appeared that provide banking-related services. Subjects of banking activity (Bank of Russia, credit and non-credit organizations) play a different role in its digitalization and, depending on it, are endowed with different functions. The possibility of implementing banking activities in a digital format is associated with the conclusion of a smart contract by the parties to the transaction.

Bank of Russia, credit organization, non-credit organization, digitalization, banking activities, smart contract, economy