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Token

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  • Tokenization - Definition, Challenge and Use of the Token Economy.

    Tokenization allows virtually any real-world asset to be represented on the Blockchain. By 2027, according to a WEF estimate, 10% of global GDP will be stored on the Blockchain, around USD 9.38 trillion. The central building block for the emergence of a token economy is tokenization. This article describes what it is all about and its partly disruptive significance.

    Blockchain & Smart ContractsMarkus Hammer11 minutes

  • Ethereum & Co. - General-purpose blockchains are more than just payment systems

    Bitcoin is blockchain, but blockchain is not Bitcoin. Today, hundreds of standalone blockchain systems exist, the most powerful besides Bitcoin is Ethereum. As the first general-purpose blockchain, it goes far beyond Bitcoin's readiness for use as a payment system, virtually single-handedly dominating the Defi and NFT markets, for example, and has now even surpassed Bitcoin in terms of the number of users. Benefits of general-purpose blockchains for the economy and society explained.

    Blockchain & Smart ContractsMarkus Hammer11 minutes

  • How NFT and Crypto impacts the real economy

    The hype around Non-Fungible Tokens (NFTs) continues. While many haven't even heard of it or dismiss it as the next hype in the crypto bubble, others are talking about a breakthrough in connecting the physical with the digital world. The article explains why this may actually be the case.

    Blockchain & Smart ContractsThomas Müller5 minutes

  • DeFi - Decentralized Finance explained

    DeFi is a new paradigm that is gaining popularity in the financial world. Using automated processes, a peer-2-peer approach and blockchain technology, it challenges traditional finance. Following the DeFi logic, intermediaries such as banks, stock exchanges and insurers will soon be obsolete.

    Banking & Financial ServicesDr. Patrick Schueffel8 minutes