Journal of Accounting and Management Vision

Journal of Accounting and Management Vision

Inflation control in life insurance and investment by replacing cryptocurrency instead Traditional money

Document Type : Original Article

Authors
javad einabadi 1
mahsa ahmadzadeh bazzaz 2
1 Assistant Professor, Finance and Accounting Department, Iranian Electronic Higher Education Institute, Tehran, Iran.
2 Master's degree student in Finance - Financial Engineering and Risk Management, Iranian Electronic Higher Education Institute, Tehran, Iran.
Abstract
The purpose of this research is to investigate replacing digital currencies instead of traditional money to overcome inflation in life insurance and investment. The proposed model includes the use of digital currencies as a tool to preserve capital value and reduce risks caused by inflation. This article is compiled based on argumentative-analytical model and contract method. the statistical population of this research is the actives in the insurance industry and financial market experts and the master's degree of the finance department of the Iranian Institute of Electronic Higher Education. The results show that the use of digital currencies can act as an effective hedge against inflation and help policyholders preserve the real value of their investments.This article also addresses the challenges and risks associated with the use of digital currencies in the insurance industry and offers suggestions for improving and developing this model.
Keywords
Keywords: inflation control
digital currencies
life insurance and investment
preservation of capital value

Subjects