Digital currency as a tool for reducing information asymmetry: Start-ups' financing example

Abstract

Support for technology startups is a strategically important issue of economic development. One of the most relevant areas is a fintech startup. In this regard, it is interesting to consider the possibilities of new digital tools in the context of startup financing processes. The paper considers the problem of low efficiency of investing in startups, and makes an assumption about the possibilities of reducing the existing inefficiency of venture investments associated with information asymmetry through the usage of digital currency and digital platform.