Industry Insights: "Programmable Money and Programmable Payments?"

Industry Insights: "Programmable Money and Programmable Payments?"

Industry Insights: "Programmable Money and Programmable Payments?"

Many blockchain use cases include payments, but which means of payment is suitable? Alexander Bechtel of Deutsche Bank talks about the difference between programmable money and programmable payments, the digital payments value chain which includes contract execution systems, digital payment infrastructure, and the monetary unit, introduced with the example of a pay-per-use application. Furthermore, Alexander shows the status quo of the digital payments value chain and gives a glimpse into the future.

Watch this video on YouTube (ca. 14 min.).

About the lecturer

Alexander Bechtel is an expert in monetary economics and works for Deutsche Bank. Furthermore, he is a PhD candidate at the University of St. Gallen, Switzerland. His research focuses on monetary economics, money markets, digital currencies, and safe assets. Since June 2019, he is publishing a podcast on digital currencies called Bitcoin, Fiat & Rock’n’Roll (in German).

LinkedIn profile of Alexander Bechtel

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