Possibility of Using Digital Financial Assets for the Agricultural Sector

The work examines new financial instruments released on the Russian financial market in digital format—digital financial assets. In accordance with current legislation, starting from 2022, digital financial assets are issued by information system operators, the issuers of which are companies in the IT sector, financial and credit organizations, industrial enterprises and developers. These financial instruments are created using blockchain technology; the system registers electronic records of the issued digital asset in the form of a token; transactions concluded using such assets are smart contracts. The first issues of tokens showed that digital financial assets are of increased interest among financial market participants; in a relatively short period of their circulation, short-term loans, b2b financing and factoring have become predominantly in demand. The study showed that digital financial assets are only being planned for release in the agricultural sector; the use of such instruments will attract additional financing to the agricultural sector and speed up payments between agricultural producers and consumers. In conclusion, a SWOT analysis was carried out, characterizing the possibility of using digital financial assets in the agricultural sector.