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Blockchain Technology and Cryptocurrencies: Opportunities for Postal Financial Services

Author

Listed:
  • Christian Jaag
  • Christian Bach

Abstract

This paper explores opportunities arising from blockchain technology for postal operators. Blockchain technology has lately received a lot of interest by the media and the industry, especially in financial services. In the past years an entire ecosystem of new companies has developed, offering hundreds of different blockchain applications. Blockchains are a new kind of decentralized, secure and fast means of record-keeping. The first application of blockchain technology are cryptocurrencies like Bitcoin, which have become an alternative to commodity money and fiat money, but postal operators may be able to exploit this technology in a number of different ways.

Suggested Citation

  • Christian Jaag & Christian Bach, 2016. "Blockchain Technology and Cryptocurrencies: Opportunities for Postal Financial Services," Working Papers 0056, Swiss Economics.
    • Handle: RePEc:chc:wpaper:0056
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    File URL: http://www.swiss-economics.ch/RePEc/files/0056JaagBach.pdf
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    Cited by:

    1. Garg, Poonam & Gupta, Bhumika & Chauhan, Ajay Kumar & Sivarajah, Uthayasankar & Gupta, Shivam & Modgil, Sachin, 2021. "Measuring the perceived benefits of implementing blockchain technology in the banking sector," Technological Forecasting and Social Change, Elsevier, vol. 163(C).
    2. Shafiqah Azman & Dharini Pathmanathan & Aerambamoorthy Thavaneswaran, 2022. "Forecasting the Volatility of Cryptocurrencies in the Presence of COVID-19 with the State Space Model and Kalman Filter," Mathematics, MDPI, vol. 10(17), pages 1-15, September.
    3. Priti Jagwani & V. B. Singh & Noopur Agrawal & Aditya P. Tripathi, 2023. "Blockchain technology and software engineering practices: a systematic review of literature using topic modelling approach," International Journal of System Assurance Engineering and Management, Springer;The Society for Reliability, Engineering Quality and Operations Management (SREQOM),India, and Division of Operation and Maintenance, Lulea University of Technology, Sweden, vol. 14(1), pages 1-17, March.
    4. Hande Begüm Bumin Doyduk, 2019. "Impact of Digital Technology and the Use of Blockchain Technology from the Consumer Perspective," Contributions to Economics, in: Umit Hacioglu (ed.), Blockchain Economics and Financial Market Innovation, chapter 0, pages 271-292, Springer.
    5. Dulani Jayasuriya Daluwathumullagamage & Alexandra Sims, 2021. "Fantastic Beasts: Blockchain Based Banking," JRFM, MDPI, vol. 14(4), pages 1-43, April.

    More about this item

    Keywords

    Postal Sector; Cryptocurrencies; Bitcoin; Financial Services; Financial Inclusion;
    All these keywords.

    JEL classification:

    • L43 - Industrial Organization - - Antitrust Issues and Policies - - - Legal Monopolies and Regulation or Deregulation
    • L51 - Industrial Organization - - Regulation and Industrial Policy - - - Economics of Regulation

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