Blockchain Technology and Cryptocurrencies: Opportunities for Postal Financial Services

Christian Jaag and Christian Bach
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Christian Bach: University of Liverpool and Swiss Economics

A chapter in The Changing Postal and Delivery Sector, 2017, pp 205-221 from Springer

Abstract: Abstract This paper explores opportunities arising from blockchain technology for postal operators (POs). Blockchain technology has lately received a lot of interest by the media and the industry, especially in financial services. In the past years an entire ecosystem of new companies has developed, offering hundreds of different blockchain applications. Blockchains are a new kind of decentralized, secure and fast means of record-keeping. The first application of blockchain technology are cryptocurrencies like Bitcoin, which have become an alternative to commodity money and fiat money, but POs may be able to exploit this technology in a number of different ways.

Keywords: Credit Card; Financial Service; Payment System; Financial Intermediary; Financial Inclusion (search for similar items in EconPapers)
Date: 2017
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Working Paper: Blockchain Technology and Cryptocurrencies: Opportunities for Postal Financial Services (2016)
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DOI: 10.1007/978-3-319-46046-8_13

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