The blockchain technology offers the promise to be cheaper, faster, less error-prone and safer compared to traditional financial services. Whether a market for blockchain services will emerge, depends, however, on several criteria.

Digitization affects all sectors of the economy. A new and possibly disruptive digital technology is the blockchain, a decentralized ledger, which seems to offer great promise for many financial and business applications.

Der fortschreitende technologische Wandel im Zuge der Digitalisierung bietet enorme Chancen für die deutsche Volkswirtschaft. Er beinhaltet jedoch ebenfalls zahlreiche Herausforderungen. Um die Chancen zu nutzen und gleichzeitig den Herausforderungen zu begegnen, muss der Weg in die...