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Impact of decentralised finance and blockchain technology on the market capitalisation of companies

https://doi.org/10.26425/1816-4277-2025-7-180-188

Abstract

In the context of rapid digital technology development, decentralised finance (hereinafter referred to as DeFi) and blockchain technologies (hereinafter referred to as BCT) become essential tools that significantly influence the capitalization of companies across various sectors of the economy. DeFi represents an innovative financial ecosystem that operates without traditional financial intermediaries and provides access to financial services through smart contracts. The purpose of this article is to explore the impact of DeFi and BCT on company capitalisation, to identify new methods for evaluating capitalisation used in the decentralised finance environment, and to determine the potential of these technologies in enhancing corporate investment attractiveness. The article also analyses the influence of BCT on the automation and acceleration of business processes, enabling companies to reduce transaction costs and improve efficiency metrics. The study is theoretical and analytical in nature, based on a review of scientific publications, analytical reports, and practical cases of DeFi and BCT implementation. The conclusions may be useful for researchers, entrepreneurs, and investors interested in the economic aspects of decentralised finance and blockchain technologies.

About the Authors

R. I. Geydarov
State University of Management
Russian Federation

Rustam I. Geydarov - Student 

Moscow



G. P. Kharchilava
State University of Management
Russian Federation

Gocha P. Kharchilava - Cand. Sci. (Econ.), Assoc. Prof. at the Economic Policy and Economic Dimensions Department 

 Moscow 



References

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Review

For citations:


Geydarov R.I., Kharchilava G.P. Impact of decentralised finance and blockchain technology on the market capitalisation of companies. Vestnik Universiteta. 2025;1(7):180-188. (In Russ.) https://doi.org/10.26425/1816-4277-2025-7-180-188

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ISSN 1816-4277 (Print)
ISSN 2686-8415 (Online)