Blockchain - Opportunities of an emerging technology in Finance

After several years of remaining relatively unnoticed by the financial industry, the blockchain technology has become even more popular during the past year. The reason is simple - similar to the Internet, blockchain does not yet provide ready-to-use solutions but offers the basis for a variety of applications. Since this potential of blockchain has been discovered, the competition for the first applications of this new technology has started.

At this point we would like to take a more strategic perspective in our publication. With an overview of the functionality, the application areas as well as the core aspect when applying blockchain, we provide a basis for discussing the question whether applying blockchain is valuable in your own company.

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Christoph Herbert