Abstract
As an infrastructure for economic systems, blockchain technology challenges the role of traditional intermediaries and enables the creation of novel market designs and value chains. We utilize this potential and design a decentralized market framework that allows users to trade complex financial assets, such as stocks, in an intermediary-free setup. Overall, our prototype implements the basic software structure of this market framework, illustrates the feasibility of decentralized market mechanisms, and highlights potential use cases as well as limitations.
B. Notheisen—Financial support of Boerse Stuttgart is gratefully acknowledged.
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Notheisen, B., Gödde, M., Weinhardt, C. (2017). Trading Stocks on Blocks - Engineering Decentralized Markets. In: Maedche, A., vom Brocke, J., Hevner, A. (eds) Designing the Digital Transformation. DESRIST 2017. Lecture Notes in Computer Science(), vol 10243. Springer, Cham. https://doi.org/10.1007/978-3-319-59144-5_34
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DOI: https://doi.org/10.1007/978-3-319-59144-5_34
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