Virtual Currencies, Distributed Ledgers and the Future of Financial Services

Volker Brühl ()
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Volker Brühl: Goethe-Universität Frankfurt

Intereconomics: Review of European Economic Policy, 2017, vol. 52, issue 6, 370-378

Abstract: Abstract The phenomenon of virtual currencies has to be distinguished from the underlying distributed ledger technologies. Bitcoin and other cryptocurrencies need to be subject to strict financial regulation and supervision to ensure investor protection. At the same time, distributed ledger technologies will shape the future of the financial services in many respects. The disruptive potential is illustrated for selected financial products and processes.

Date: 2017
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DOI: 10.1007/s10272-017-0706-3

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