Our cooperation partner Frankfurt School Blockchain Center has published a whitepaper on Programmable Payments for the Internet-of-Things (IoT), in cooperation with CashOnLedger, the Digital Euro Association, and ppi:

The Future of Payments: Programmable Payments for the Internet-of-Things (IoT)

Authors:
Maximilian Forster, Jonas Gross, Anja Kristina Kamping, Serkan Katilmis, Dr Mario Reichel, Prof Dr Philipp Sandner, Philipp Schröder

Here are their key findings:

1. The German industry is increasingly being digitalized. The field of Internet of Things (IoT) in particular promises revolutionary, novel business models that can have a positive impact on the competitiveness of the German industry.
2. Distributed ledger technology (DLT) will also play an important role for the digitalisation.
3. In order to realise the full potential of the digitalisation of the industry, the entire payment process must be optimised and adapted to IoT payments, so that payments in connection with these new business models can also be processed efficiently, automatically and in real time.
4. Due to the limitations of the current SEPA payment system, the processing of payments via a DLT offers such a payment solution.
5. This paper analyses the status quo for IoT payments and shows how the industry benefits from innovative payment options, such as a European Central Bank (ECB) digital euro or a trigger solution that connects a DLT to the conventional SEPA system.
6. Specific use cases regarding goods logistics and asset-as-a-service / pay-per-use are examined.

Source: The Future of Payments: Programmable Payments for the Internet-of-Things (IoT)

You can download the full paper here.