Christoph Ulbig
eBook, PDF

Introduction of blockchain into the commodity trading process (eBook, PDF)

Understanding the relationship between radical innovation and the value chain model in the case of commodity trading

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Within the last years blockchain has become more in focus of the commodity trading sector because of its reputed potential. The characteristics of blockchain can be used to make it to an infrastructure technology. The trend toward the use of blockchain therefore furthers the optimization of the entire value chain and reduction of the friction costs within the trading process. To reduce friction costs and to make use of the characteristics of blockchain, the technology is being introduced as a radical innovation into the commodity trading value chain. The focus of this thesis is on the resultin...

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