PayPal’s new stablecoin turns out to be extremely secure
By Alexander Bechtel With the introduction of the PayPal stablecoin, there are two different types of dollar payment methods at Paypal: the conventional, account-based dollar and the blockchain-based stablecoin. A comparison of the two variants reveals some interesting findings. In August, the payment service provider PayPal announced that it would be issuing a dollar stablecoin…
The digital euro is more than money
By Alexander Bechtel and Manuel Klein The ECB’s digital euro project is entering the next round. The success of the project also depends on the ECB’s willingness to use the private sector’s strengths. In mid-October, the European Central Bank (ECB) launched the next phase of its project to introduce the digital euro. During this so-called…
More efficient, faster, safer? – The vision of the tokenized economy
By Alexander Bechtel Blockchain technology and tokenization are expected to make financial services available around the clock and globally in the future. But before the vision of a tokenized economy can become reality, regulatory issues need to be clarified. Imagine the smartest minds from business and research coming together for a weekend on the boardroom…