Affiliation:
1. School of Economics, Guangdong University of Finance and Economics, China
2. Financial University Under the Government of the Russian Federation, Russia
Abstract
This study was conducted to research the use of blockchain technology to ensure the competitiveness of tourism and energy investment using a statistical approach. The chapter offers a comprehensive approach to examining the aforementioned topics and confirms the conclusion of the revitalization of the financial market (tourism and energy) development. Moreover, it also plays a role regarding the factors of inflation, devaluation, and proposes benefits – the activation of entrepreneurial activity, expansion of the service sector. Based on the results of the study, financial market (tourism and energy) clients (especially buyers) can benefit most from the lower costs of capital market transactions and securities servicing. Retail and wholesale investors can participate in a larger volume of deals among themselves with guaranteed execution in the open market.