Master-chain as an intellectual governing system for producing and transfer of knowledge

Economy of knowledge is built on the ground of intellectual production. The efficiency of knowledge economy relies on the intellectual assets' market and regulation that requires smart solutions providing information security of the data processing. The blockchain' technology as a secure tool is already wide-spread within the individual contracting in the finance, management and governance. The Russian government discusses the possibilities to introduce this basic tool into public administration to assure the data safety, especially, to the creation and management of the State Registers, the Russian Association for Financial Technologies (FinTech Association) is established to help the digitalization process in the country. The FinTech Association produced the White Paper for Masterchain as a public resource for smart contracts can be used as an efficient tool not only for financial transactions or real estate register, but especially as a tool of the fast and secure processing of intellectual assets and exchange of ideas, providing high level of confidence for the knowledge' transfer. The paper includes the theoretical exploration of digital economy concept with the new tools of cloud and fog computing, Masterchain and crypto-currencies, the regulation of knowledge within the new context.