Comparative Analysis of Financial Systems of Metaverses in the Public Sector: DEFI vs CBDC

The article provides a comparative analysis of the principles of organization and functioning of financial systems of metaverses in the public sector based on decentralized finance (DEFI) and digital currencies of central banks (CBDC). The purpose of the study is to evaluate the effectiveness of financial systems based on DEFI and CBDC in order to develop scientifically proved recommendations for choosing the optimal model of financial organization in the state metaverse. The objectives of the study are to systematize the characteristics of DEFI and CBDC, identify the potential opportunities and limitations of each system and develop recommendations for selecting a metaverse financial model. The research methodology includes a comprehensive comparative analysis of systems based on key criteria: centralization, legal regulation, accessibility, technological aspects, inflation control, security, scalability, and other parameters. Based on the results of the study, the authors conclude that the choice between DEFI and CBDC is determined by the state’s goals, the level of trust in financial institutions, and the readiness for digital transformation. Each system has its own advantages and limitations, which require an individual approach based on the national characteristics and strategic goals of the state’s development. The practical significance of the study lies in the possibility of applying the developed recommendations in the formation of the state’s financial strategy in the context of the development of the digital economy and metaverses.

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