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Virtual Currencies,Distributed Ledgers and the Future of Financial Services |
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| Authors: | Volker?Brühl author-information" > author-information__contact u-icon-before" > mailto:bruehl@ifk-cfs.de" title=" bruehl@ifk-cfs.de" itemprop=" email" data-track=" click" data-track-action=" Email author" data-track-label=" " >Email author |
| Affiliation: | 1.Center for Financial Studies,Goethe-Universit?t Frankfurt,Frankfurt,Germany |
| 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. |
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