The book is written in a non-technical and accessible way and strives to demystify the functionalities of blockchains and their potential for a range of readers in the wider social sciences. It begins by explaining the key concepts of blockchain technology and presents an overview of the involved technical and economic elements.
Our research activities have been honored by the Stifterverband für die Deutsche Wissenschaft with the seal of approval "Innovativ durch Forschung". We would like to thank our employees for their commitment to explore the opportunities and limits of the blockchain technology and sharing their findings with society.
Stablecoins are digital currencies whose value is pegged to fiat currencies like the dollar. We analyze the influence of stablecoin issuances on the returns of major cryptocurrencies and conclude that stablecoins contribute to price discovery and market efficiency of cryptocurrencies.