The implications of introducing distributed ledger technologies for the financial industry with respect to regulation and payment systems in Australia and Germany.
This dissertation addresses the question of how distributed ledger technologies (DLTs) affect the financial sector, specifically focussing on regulatory issues and the transformation of payment systems in Australia and Germany. First, research concentrates on examining the state of the art and common elements of DLTs applied to the global financial industry. Second, international best practices of financial regulation regarding DLTs are scanned and examined, aiming to provide authorities in both countries with a set of useful recommendations for action. Besides, the large discrepancy about the use of means of payment between Australia and Germany calls for further research. In this context, the introduction of so-called stable coins will be quantitatively analyzed to what extent they comply with the function of storing value. This dissertation applies a mixed-method approach to shed light on the research question, including expert interviews, online surveys, and systematic literature reviews.
Name des Promovierenden:
Benjamin Schellinger, M.A.
Name des internen Betreuers:
Prof. Dr. Feucht
Name des externen Betreuers:
Dr. Bowyer (Western Sydney University, Australia)
Infos zur Projektförderung
Das Promotionsvorhaben gliedert sich in das von der Deutschen Bundesbank geförderten Projekts zum Thema Blockchain Technologie im Finanzsektor ein.