Investigating the Market Reaction to Large Transactions on the Bitcoin Blockchain

A specific feature of the blockchain technology and thus also of the Bitcoin network is the underlying transparency. Each network participant can observe in virtually real time how many and what kind of transactions take place in the Bitcoin...

A Week With Bitcoin: Transaction Timing and Transaction Fees

This third and last blog post takes a look at intra-week patterns of Bitcoin activity. The following chart shows transactions and fees aggregated by weekday and hour. Activity was high on workdays and on afternoons, and low on weekends and on early mornings. The same is true for transaction fees...

DiBiChain Project Launched

Since July 2019, the Blockchain Research Lab collaborates on a three-year research project called DiBiChain. The project is funded by Germany’s Federal Ministry of Education and Research (BMBF). Its research goal is to make product life cycles more transparent and sustainable through the use of blockchain technology.

2019-10-29T16:01:49+00:00October 29th, 2019|Blockchain, Circular economy, Research project|

A Place Beside Satoshi – Scientific Foundations of Blockchain and Cryptocurrency in Business and Economics

The research foundations of blockchain and cryptocurrencies in business and economics are analyzed using co-citation analysis. Five strands of research are identified, reviewed and visualized, of which two are well-established and three are still emerging.

Discovering market prices: Which price formation model best predicts the next trade?

For most purposes of technical analysis, the price of the last transaction is considered representative of the market price. However, on closer examination, the question arises as to why a past event should be relevant to the future, and why other, potentially more recent information should not be used to discover a future price.

Cheap Signals in Security Token Offerings (STOs)

This study provides the first overview of security tokens and the STO model for corporate financing. Our analysis investigates security tokens from the perspective of a firm looking to raise capital. The results show that cheap signals are effective, which raises concerns for investor protection.