Blockchain is a novel database technology that may fundamentally change our societies. It might prompt a reduction of risk and uncertainty in economic exchange, making institutions such as central banks and established online platforms increasingly redundant. Researchers at ITU study blockchain from a wide array of angles, such as management science, information systems and computer science, looking into how blockchain technology might affect societies and economies.
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Faster cryptocurrency transactions might be the result of a new research project at the IT University of Copenhagen aiming to improve blockchain protocols. The project is funded by a DKK 1.7 million grant from the Concordium Foundation.
Cryptocurrencies have great potential as an alternative to traditional bank transfers, but still struggle with a reputation as a safe haven for criminals. A new research project at the IT University aims to develop new methods that will allow authorities to investigate suspicious transactions – while at the same time guaranteeing anonymity for law-abiding users.
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Researchers from the IT University of Copenhagen will provide an overview of blockchain initiatives by Danish companies in order to analyze and uncover the potential of technology. The Danish Industry Foundation has provided DKK 1.3 million in funding for the project, whose analysis will be available in March 2019.
Blockchain is a much-discussed technology during these years, and distinguishing between hype and actual opportunities can be difficult. In this video, Roman Beck, Professor at ITU and Head of the European Blockchain Center, explains what kind of solutions the technology may lead to in the future.
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In Indonesia, the majority of the population do not have bank accounts or credit cards. The use of digital payment methods, however, is rapidly increasing. In her PhD project, Sunniva Sandbukt investigates how a digital economy and blockchain-based currencies could come to benefit ordinary citizens.
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New blockchain-based social media are gaining ground and challenging established platforms, such as Facebook, for example by paying their users in crypto currency for producing, sharing and liking content. These new media have the potential to give back control to the users, but according to Raffaele Ciriello, who is doing research on the topic, they also raise new ethical and legal issues.
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Roman Beck, Professor at the IT University of Copenhagen and head of the European Blockchain Center, talks to Thore Husfeldt about the possibilities of blockchain technology.
BlockchainResearchBusiness IT DepartmentRoman Beck
ITU Professor Roman Beck, who leads the newly founded European Blockchain Center, has secured a small grant of 88.000 Danish kroner from the Ministry of Foreign Affairs of Denmark.
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Blockchain technologies will revolutionize IT systems worldwide. However the revolution comes with both opportunities and challenges in a broad range of areas. At the IT University of Copenhagen, professor Roman Beck has now established European Blockchain Center, which will ensure that Denmark is at the forefront of the field.
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