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The effect of cryptocurrencies on the German payment ecosystem: a critical analysis of its future disruption potential

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2020-21_fall_33382_joel-tecle_final-version.pdf3.83 MBAdobe PDF Ver/Abrir

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Purpose and Methodology We examine the disruption potential of crypto currencies on Germany’s payments ecosystem. A literature review is performed to characterize the novel technology as well as the German payments ecosystem. A consumer survey and expert interviews are also performed in order to gauge the views of potential users as well as those of the industry. Findings Cryptocurrencies are showed not to be a passing phenomenon in Germany. Rather, they will eventually disrupt the payments ecosystem. However, cryptocurrencies are not yet at a stage that would allow them to become a widely used payment means. The hindering issues underlying this conclusion are pinpointed.

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Blockchain Cryptocurrency Disruption German payment ecosystem

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Licença CC