Characteristics and terms of digital securities development on the global and national capital market

Abstract

We are witnessing the transformation of the financial instruments industry and the processes taking place in the capital market, which have initiated a new trend in securities business. The contemporary progress of the global digital securities market is characterized by interactions between rapid technological innovations, changes in investor habits and competition among technology giants. The research subject is supported by the fact that digital securities offering becomes a profitable business model available on blockchain platform, making securities the most interesting financial instruments in the 21st century. The aim of the research is to overview characteristics of digital financial instruments as a consequence of the difference in territorial areas and legislation, as well as how this affects the potential and challenges of development in the capital market. Description method, analysis and synthesis technique, as well as the documents content analysis in the relevant area, were used for the purposes of the research. The result of the research confirms further development of digital securities in a very challenging environment and resources mobilization through alternative funding methods.

Keywords

• digital securities
• capital market
• blockchain
• alternative funding methods