Decentralized Finance (DeFi) is the (r)evolutionary movement to create a solely code-based, intermediary-independent financial system—a movement which has grown from $4bn to $104bn in assets locked in the last three years. We present the first systematic literature review of the yet fragmented...

The digital euro is not a monolithic project. On the contrary: The fields of application are broad, and possible solutions are diverse. This paper provides an overview of use cases, application domains, and infrastructures for the digital euro that differ significantly. A comparison with...

This paper analyzes the relationship between capitalized Research and Development (R&D) expenditures under IFRS and innovation performance measured by patent data. Under IFRS, development expenditures are capitalized when the success of an R&D investment is highly likely. Hence, such...

Decentralized finance (DeFi) is an emerging alternative financial infrastructure to the existing centralized financial system built on top of public and permissionless blockchains. In the last year, DeFi has grown rapidly and is considered one of the hot topics in blockchain. It may offer...

‘Regenerative Finance’ (‘ReFi’) projects are gaining increasing traction. At their core stands the mission to positively contribute to societal matters, currently dominated by environmental protection efforts and a fair co-participation of local communities in the projects’ design and...