Science-to-Practice Conference “Cryptoeconomics: Current Status, Trends, Forecasts” was held at SUSU on April 25th. The university teachers and students from the School of Economics and Management, and representatives of big financial companies served as speakers for the conference.
“This conference is not just scientific and practical, but academic as well. We are sure that there are no limits to improvement, and these events are needed for exactly that reason. We learn from one another and do not stumble at one place. Today, our economists have expanded the field of discussion. From cryptocurrency we have moved to a more broad idea – cryptoeconomics,” shares Elena Vaisan, Doctor of Sciences (Economics), Professor of the Department of Finance, Money Circulation, and Credit, and the conference moderator.
The conference participants gained a chance to learn about a new stage of the economy development – cryptoeconomy, as well as about the current status and prospects of the main cryptocurrencies.
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One of the presenters – Lidiya Galkina, Associate Professor and Honored Economist of Russia, Stand-in Advisor of the Minister of Finance of Russia spoke about the advantages and disadvantages of cryptocurrencies over familiar currencies. On the example of comparative analysis of the characteristics of gold and bitcoin (the main cryptocurrency of today), Lidiya Aleksandrovna showed that the two currencies, despite the colossal differences in physical properties, have many characteristics in common.
“Bitcoin, like gold, is impossible to counterfeit. Today, not a single attempt at creating false bitcoin has been successful,” she notes.
Lidiya Aleksandrovna also noted that already several universities around the world offer an option of paying for education with digital currencies – this proves the acknowledgement of cryptocurrency at a state level, and also means future development and active expansion of digital currencies.
Lecturers from South Ural State University did not just hold a conference at the highest level, they also did this online. More than 100 people connected to the live stream.