The model of normalized economics and relevant technologies of digitalization

The review presents key updates of the model of normalized economics and relevant technologies of digitalization. The updated model is presented by description of the normalized economic mechanism (NEM) which should be implemented on the basis of online services operating in the environment of digital twins. Normalized economic mechanism includes the situationally managed systems of resource support, production of real goods, etc. The NEM banking system includes personal electronic banks of individuals, corporate electronic banks, provider banks, and the regulation bank under which all other banks operate. The normalized money is intended to represent the value of goods and property statuses of the economic activity participants, to pay for goods, invest, and accumulate wealth. Normalized money serves as a universal electronic means of quantitative documentation of property relations to be certified by the state through the online services of the regulation bank. An economic management is to be based on the systems of mandatory and orienting requirements to the results of solving problems inside the NEM complexes.