Digitalization will help Russia solve a lot of problems

Today at the first meeting of the Council on the Development of Digital Economics under the Federation Council, participants discussed the main aspects of the digitalization of Russia and made their deals in the development and solving existing problems.

The head of the Accounts Chamber Alexey Kudrin noted that at the moment Russia is significantly lagging behind the general level of development of the digital economy. Now its share in GDP is less than 4%, while leading countries are twice as high. He also stated that only 16 bills from 29 scheduled for the current year were underway. After adding that the Council would help in the formation of norms, the development of its own proposals and the search for the best global practices to solve the tasks.

Further, the Minister of Digital Development, Communication and Mass Communications, Konstantin Soskov, spoke about the plans for the Government on digitalization. First of all, this is a matter of expanding opportunities and methods for identifying citizens. So far there is no single system, but only elements in the scattered areas of life, so it is necessary to think about the rules and principles of the electronic identity card. The issues of recognition of the electronic form of transactions, storing privacy and the use of smart contracts are also considered. To do this, it is necessary to get rid of paper, determine the logic of working with personal information and go to the registry model of confirmation of rights.

In parallel, work is underway to regulate cryptocurrencies, ICO, mining and cryptoeconomics in general. Now the possibilities of introducing benefits in this area are considered. Another block affects electronic proceedings, notarization. Digitization of documents related to labor activity is studied. The government also seeks to develop a legislative base in the field of robotics, artificial intelligence, other breakthrough technologies and develop mechanisms for special legal regimes for regulatory sandboxes.

According to the President of Rakib Sipaccina Yuri Igorevich, the legislation should describe the digital profile, as well as ensure the protection of the person in the new conditions. He spoke about the transition of the economy to new financial relations. On changing the form of money and loss of monopoly by the central banks on their emission. Considering that the government cannot effectively regulate the supranational system (cryptocurrency). Therefore, Rakib offers to create a model of transition from FIATA to virtual currency, taking into account features and taxation of the latter.

Participants raised other important issues. Several speakers talked about the impact of digitalization on the labor market. Coming changes will lead to a reduction of about 6 million jobs, and from 30% to 50% of existing professions can be unclaimed in the future economy. They said that about 84% of assets in the economy of developed countries are intangible, and in the world they are estimated at 50 times higher than in the Russian Federation. Also touched upon the issue of strategic vulnerability after the transition and the need to create their own chips and technologies.

However, all participants noted the enormous digitalization potential for development and improving efficiency. For example, the introduction of new technologies to the energy will help reduce costs by 10%, and the improvement of urban infrastructure will increase the comfort and standard of living. In addition, the development of technologies will increase the level of investment attractiveness of the regions, and will make projects more understandable for foreigners.