During the past decade, distributed ledger technology (DLT) has found its way into application areas outside finance, such as supply chain management, the Internet of Things, or health care. To this end, this novel technology phenomenon has recently also caught the attention of researchers and...

Distributed ledger technology (DLT), including blockchain, enables secure processing of transactions between untrustworthy parties in a decentralized system. However, DLT is available in different designs that exhibit diverse characteristics. Moreover, DLT characteristics have complementary and...

Since blockchain's emergence in 2008, we see a kaleidoscopic variety of applications built on distributed ledger technology (DLT) today, including applications for financial services, healthcare, or the Internet of Things. Each application comes with specific requirements for DLT characteristics...

Decentralized exchanges (DEXs) have become an alternative to centralized exchanges (CEXs) for trading assets in the form of tokens in cryptoeconomic system markets. The emergence of DEXs is strongly driven by their potential to tackle challenges for market quality originating from CEXs by...