At a seminar organized by the Blockchain Lab of Sogang University in cooperation with Nonghyup Bank, our CEO presented in Seoul his thoughts on Initial Coin Offerings (ICOs). In the last months, several regulatory authorities have banned ICOs, including the Korean and Chinese ones, on basis of major weaknesses and inadequate investor protection. Companies planning […]
Our cooperation partner Frankfurt School Blockchain Center has published a new working paper: “Solving Challenges in Developing Countries with Blockchain Technology” [Medium, PDF] Blockchain technology can solve development problems as it improves existing instruments and enables the development of new ones. Blockchain-based applications particularly address institutional weaknesses and financial inclusion because they restrict deception, corruption […]
BlockchainHub and Bundesblock have mapped out the German blockchain ecosystem. Their map reflects companies and institutions who exclusively work on Blockchain or other Web3 solutions. Please contact us for further information about Blockchain in Germany.
Our cooperation partner Frankfurt School Blockchain Center has published a new working paper: “Blockchain Technology in the Pharmaceutical Industry” [Medium, PDF] We present a blockchain-based solution to increase supply chain security for the pharmaceutical industry. Supply chain security is one aspect that has recently won attention, when the Drug Supply Chain Security Act (DSCSA) has […]
Paymentandbanking has published an overview of the Bitcoin/Blockchain/DLT/Crypto startups in Germany, Switzerland and Austria. It shows that the Blockchain community in German-speaking countries is quite broad and fast-growing. Please contact us for detailed information on individual Blockchain startups.
Our cooperation partner Frankfurt School Blockchain Center has published two new working papers: “Comparison of Ethereum, Hyperledger Fabric and Corda” [Medium, PDF] With this paper, we provide a brief analysis of the most notable differences between the distributed ledger technologies (DLT) Hyperledger Fabric, R3 Corda and Ethereum. Our intention is to give decision makers new […]
The kick-off meeting of the Korean-German Blockchain Working Group, which took place at Deloitte offices in Munich on April 7, was a big success. Blockchain experts, regulators and representatives of BaFin, Blockchain Helix, Blocko, Blockpay, Coinplug, Deloitte, Ethereum, Finotek, Frankfurt Main Finance, Frankfurt School of Finance & Management, Korean Blockchain Society, Nexussquared, Quantoz, Simmons & […]
The kick-off meeting of the Korean-German Blockchain Working Group will take place in Munich, Germany on April 7. Many thanks to Deloitte for hosting us in their Munich offices. The day before, on April 6, the BlockShow Europe 2017 will take part in Munich at Alte Kongresshalle. Tickets are still available. The Blockchain Working Group […]
The MoU on Blockchain was signed in the National Assembly (Korean Parliament) in Seoul at the Korea-Germany Global Blockchain & FinTech Symposium today between the Korea Blockchain Society, the Global FinTech Research Institute and the financial center of Frankfurt, as a first step towards an European-Asian Blockchain Alliance. More than 20 Korean and German Blockchain […]
The financial center of Frankfurt, the Korea Blockchain Society and the Global FinTech Research Institute plan to sign a MoU on cooperation in the area of Blockchain and on setting up a Korea-German Blockchain Alliance. Main objective is to encourage broad global usage of new innovative services based on Blockchain/Distributed Ledger Technology, which work seamlessly […]
A new report by BCG provides a strategy perspective on Bitcoin and Blockchain. The author, Philip Evans, outlines in his excellent essay “how the economics of transaction costs and trust could be reshaped by tokens and blockchains and by the stacked architecture on which they are built.” He analyzes architectures, trade-offs in trust as well […]
About 600 people met in Frankfurt, Germany on Sep 1 for the Joint Fall Conference 2016 on “Blockchain: Technology, Legal and Regulation, and Applications in the Finance Realm”. Before the conference and during the breaks, many attendees were actively debating to what extend we already face a hype in blockchain or distributed ledger technology. The […]
Leonhard Weese from the Bitcoin Association of Hong Kong gave a presentation on the “Inner Workings of a Blockchain” at Hong Kong Science Park on Aug 17. He explained with the example of Bitcoin, how a blockchain verifies and distributes messages and allows its participants to keep the database consistent, and what else could be […]
In collaboration with Deloitte, the World Economic Forum has compiled a comprehensive report on the future of financial infrastructure and the role of Distributed Ledger Technology (DLT) therein. The key findings are: DLT has great potential to drive simplicity and efficiency through the establishment of new financial services infrastructure and processes DLT is not a […]
A recent report by the Insurance Practice of McKinsey&Company analyzes the potential of Blockchain technology in the insurance industry. The authors, Johannes-Tobias Lorenz, Björn Münstermann, Matt Higginson, Peter Braad Olesen, Nina Bohlken and Valentino Ricciardi, see a number of potential use-cases for Blockchain. While the insurance industry (in terms of technology adoption) lags behind banking, […]
Michael Mainelli and Bernard Manson from Z/Yen Group Limited have analyzed on behalf of Long Finance the potential impact of Blockchain on the wholesale insurance industry. The goal of this study was to review the wholesale insurance market in order to understand major business processes, to identify where there are perceived problems or inefficiencies, and […]
Deloitte Germany has created a video with four different scenarios of the adoption of Blockchain and its implications on our future. 1. “Survival of the Biggest” 2. “Niche evolution” 3. “One-eyed in the kingdom of the blind” 4. “Blockcracy” Which one do you think is most realistic? We are looking forward to your comments.