Trading Stocks on Blocks - Engineering Decentralized Markets

  • Benedikt Notheisen
  • Magnus Gödde
  • Christof Weinhardt
Conference paper
Part of the Lecture Notes in Computer Science book series (LNCS, volume 10243)

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.

Keywords

Blockchain-based economic systems Market design Decentralized market platforms Securities trading 

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Copyright information

© Springer International Publishing AG 2017

Authors and Affiliations

  • Benedikt Notheisen
    • 1
  • Magnus Gödde
    • 1
  • Christof Weinhardt
    • 1
  1. 1.Institute of Information Systems and Marketing, Information and Market EngineeringKarlsruhe Institute of TechnologyKarlsruheGermany

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