The application of modern digital technologies in public administration (on the example of the financial sphere)
Authors: Tokarieva Kateryna , Berezovskyi Danylo 
Published: October 2023

Problem setting. For quite some time now, the Industry 4.0 technological approach has been not only discussed but also actively implemented around the world. According to clause 2 of the Resolution of the Cabinet of Ministers of Ukraine “On Promoting the Implementation of the Industry 4.0 Technological Approach in Ukraine” of 21.07.2021 No. 750, Industry 4.0 provides for comprehensive digitalization and automation of production processes and management in the real sector of the economy. We are impressed by the approach of scientists who emphasize that this can be achieved through the application of modern technologies in all spheres of public life, provided that a balanced state policy on digitalization, industrial and cluster development, stimulation of innovation and scientific activity, and, ultimately, the implementation of appropriate measures in many vectors: budget, tax, scientific and innovative, etc. is combined. It should be noted that the introduction of digital technologies in various spheres of public life is becoming increasingly important. analysis of recent researches and publications. The chosen research topic is currently very relevant. The study of the peculiarities of the use of modern digital technologies in various areas of public regulation was carried out by such specialists as: O. S. Balan, O. O. Dmytryk, A. S. Kolisnyk, V. Panasiuk, O. B. Semchenko-Kovalchuk, T. L. Shestakovska ect. At the same time, scholars are currently focusing on various aspects of the use of modern digital technologies, which is due to the specifics of the area in which certain technologies are used. the purpose of the research is to analyze the essence of modern digital technologies and the specifics of their application in public administration on the example of the financial sector. article’s main body. The article uses the example of the financial sector to reveal some aspects of the use of modern digital technologies in public administration. Based on the synthesis of existing scientific approaches, the authors outline the advantages, potential opportunities and disadvantages of blockchain technology (distributed ledger technology). The advantages include the following: decentralization, safety and security, immutability of already recorded data, openness and transparency, versatility, cost savings and acceleration of processes. The disadvantages of the studied technology: overestimation of the real capabilities of blockchain technology in public administration in the formation of public policy; excessive enthusiasm for the idea of removing the state from participation in many public processes; inability of a decentralized society to form and legalize new values of such a society, which will be used to further develop it; high energy dependence of the most common blockchain due to the complexity of the transaction, which makes it an expensive technology; scalability, etc. It is emphasized that the creation of high-quality legal regulation is of paramount importance for the integration of blockchain technology into the relevant areas of public administration. The researchers emphasize the importance of enshrining the definition of the “blockchain” category in legal acts, as well as the issues related to the use of blockchain in various areas of public administration. In addition to regulating the legal status of the blockchain, there is a need to create a high-quality (including legal) field for a wide range of participants in the field of public administration, built using modern digital technologies. These are: state and local governments, the private sector (business), relevant public organizations and representatives of higher education institutions (as experts in the relevant specialties). The cooperation of the above-mentioned entities is necessary to develop comprehensive and effective standards for the ability to interact with various elements of the blockchain system. In addition, the issue of ensuring the correlation of the legal norms governing the legal status of the blockchain with those legislative provisions governing the protection of private data is of particular importance. conclusions and prospects for the development. The author concludes that the use of blockchain technology is necessary in the administration of taxes and fees, as well as in accounting. This approach optimizes the activities of both tax authorities and taxpayers, and makes the course of tax and legal relations more convenient in the current environment.