At a glance

Our Studies

Study: "Decentralized Finance (DeFi) – Foundations, Applications, Potentials, and Challenges”

Some of our colleagues recently published a study on decentralized finance (DeFi) in which the technical foundations, areas of application, and specific use cases are explained, and potentials and challenges are discussed. The aim is to provide experts and non-experts with the required knowledge to comprehensively understand the notion of DeFi.
DeFi applications aim at enabling financial services and products in an open, trustless, transparent, and composable way using blockchain and smart contracts. Our study ties into the current developments in DeFi and explores the tremendous opportunities arising from this swiftly evolving ecosystem. Specifically, DeFi provides efficiencies, promotes global financial inclusion, enables fractional ownership for innovative asset classes, and enables open financial systems that serve as catalysts for new ecosystems.
However, also risks and challenges are addressed that need to be overcome to unleash its full potential and foster adoption. The authors reflect on and examine the challenges DeFi faces, including technical risks, scalability issues, the problem of liquidity provision, transparency and privacy issues, regulatory uncertainties, and recentralization.
Nevertheless, the authors believe that DeFi can have a strong positive impact not only on the banking and financial landscape but also on economies and society globally.

Towards net 0: Digital CO2 proofs for the sustainable transformation of the European economy

For more and more companies the need for emissions data and the burden of reporting emissions increases as decarbonization becomes a significant priority. This topic is addressed by a joint study by our researchers Prof. Dr. Jens Strüker, Dr. Marc-Fabian Körner, and Christina Leinauer in collaboration with EPICO KlimaInnovation, a think tank in the field of climate and energy policy. The study "Towards net 0: Digital CO2 proofs for the sustainable transformation of the European economy", identifies current challenges in the collection, processing, and publication of CO2 data and analyzes the potential of digital CO2 proofs of origin and use. For this study, the authors interviewed company representatives from the energy, automotive, and construction industries. The study provides an up-to-date overview of the provision of CO2 data by companies and the associated regulatory framework. A main outcome is the conclusion that digital, secure, and verifiable CO2 proofs are a key building block of the transformation towards climate-neutral products. In addition, these proofs can reduce the effort for the collection and processing of CO2 information through digitalization and automation.

Process Digitization for the "New Normal" - Cross-industry Study on Challenges and Opportunities of Process Optimization

It is now clear to most companies that there is no way around process digitization if they want to be successful in the long term. The joint study "Process Digitization for the "New Normal" - Cross-industry Study on Challenges and Opportunities of Process Optimization" by the Fraunhofer Institute for Applied Information Technology and ABBYY, a software provider in the field of digital intelligence, examined the current status of digitized business processes in German companies and analyzed the potential of modern process technologies. For this purpose, 148 decision-makers from companies in the production and logistics sectors, as well as insurance companies and banks, were surveyed and the results evaluated. The study provides an up-to-date overview of the extent to which modern process technologies are already in use and which barriers prevent companies from further digitalizing their business processes and increasingly using process technologies.
You can find the complete study here

Whitepaper: Self-Sovereign Identity - Basics, Applications, and Potentials of Portable Digital Identities

We recently published the English version of our whitepaper on "Self-Sovereign Identity - Basics, Applications, and Potentials of Portable Digital Identities", in which we present the most important conceptual and technological foundations of Self-Sovereign Identities (SSI). As a result of technological progress and digitization, issues of privacy and security in digital environments have moved to the forefront of the public discourse. In particular, the handling of personal data on the Internet presents us with the problem of ensuring self-determined digital interaction and the effective management of access authorizations, for example, to prevent unauthorized forwarding of data or hacker attacks. Against this background, the concept of SSI aims to enable self-determined control of personal cross-domain data and information. Based on four case studies, Prof. Dr. Jens Strüker, Prof. Dr. Nils Urbach, Tobias Guggenberger, Jonathan Lautenschlager, Nicolas Ruhland, Vincent Schlatt, Johannes Sedlmeir, Jens-Christian Stoetzer, and Fabiane Völter, have analyzed the potential of the SSI concept, its implications, and the challenges that still have to be solved.

"Whitepaper: The Advance of the Machines"

The whitepaper "The Advance of the Machines - Vision and Implications of a Machine Economy" elucidates the opportunities offered by the combination of the Internet of Things, Artificial Intelligence, and Blockchain technology. The convergence of these technologies enables machines to act autonomously in economic processes. The whitepaper analyzes the vision of such a machine economy, explicates its implications for companies, and makes it tangible by means of three use cases. (Whitepaper currently only available in German)

"What's Beyond Digital?"

Although most companies have not yet fully implemented their digital agenda, it is usually clearly defined and embedded in the overall strategy. But what comes next? To answer this question, we conducted numerous interviews with experts and formulated 10 theses that are likely to characterize the business environment in 2025.

"Healthy digital work?!"

In the study "Healthy digital work?!", more than 5,000 employees were examined as the main triggers of digital stress. In addition to the stress factors and effects of digital stress, the study also analysed the framework conditions under which digital stress is particularly high or low.

"AI, my friend and helper"

The study "AI, my friend and helper" in cooperation with EY looks at the challenges and implications for human-AI interaction.

"Study: Review of the feasibility of an open and decentralised mobility system (OMOS)"

" Study: The study "Review of the feasibility of an open and decentralized mobility system (OMOS)" deals on the one hand with the potential opportunities and risks and on the other hand with the requirements of end customers and mobility providers for such a system. In addition, the business model and the general feasibility of an OMOS approach are examined and discussed.

„Study: Designing IT Setups in the Digital Age“

The study "Designing IT Setups in the Digital Age" in cooperation with A.T. Kearney looks at the effects of digitization on the design of a company's IT.

"Study: Digital Finance: Results of an empirical study on digitisation in the financial sector"

The study "Digital Finance" in cooperation with KPMG deals with the digitalization of the finance function in companies as well as the associated areas of tension and derives recommendations for action for a successful digital transformation of the finance sector.

"Research work: Data protection: necessary bureaucracy or competitive advantage in dealing with digital customer data"

"Data Protection: Necessary Bureaucracy or Competitive Advantage in Handling Digital Customer Data" deals with the topic of data protection of weighing up customer requirements and monetization potentials against the background of legal and technical framework conditions.

„Study: Smart Data Transformation“

Within the framework of "Smart Data Transformation", decision makers from companies were interviewed in cooperation with Infosys Consulting about the current significance of smart data transformation projects and success factors for successful implementation.

"Research work: Blockchain: Fundamentals, applications and potentials"

The research paper "Blockchain: Fundamentals, Applications and Potentials" analyses and explains the technological basis of the blockchain. It provides answers regarding future fields of application and potential.

„Study: Digital Transformation: Changes and Chances“

The project group Business Information Systems together with the core competence center FIM conducted a study among companies from different industries on the topic "Digital Transformation - Changes and Chances". The aim of the study was to identify the central opportunities and challenges of digital transformation from a company perspective. Six fields of action in companies were identified which need to be mastered for digital transformation. Based on the study results, a self-assessment tool was also developed that enables companies to determine their degree of digitalization and to derive appropriate measures.