Alexander Bechtel is a leading blockchain and DLT expert in the German-speaking countries. As Head of DLT and Digital Asset Strategy at the largest German bank, Deutsche Bank, his work is paving the way for mass adoption in the “old economy”. His work is essential for the implementation of blockchain across the products of Deutsche Bank. As blockchain is still not equally represented in the scientific area he did his PhD at the renowned University of St. Gallen, focusing on CBDC and the implications of blockchain-based currencies for our current monetary system. Already in 2019 he also started his podcast on digital currencies: Bitcoin, Fiat & Rock’n’Roll. We asked Alexander some questions about the future and got great answers.

What will the future of money and payments look like?

Tokenized money will play a more important role because it brings several advantages such as 24/7 availability, micropayments, delivery-vs-payment, etc. In particular, I expect that we are going to see multi-asset/multi-currency payment and trading platforms that enable the sending and receiving as well as the exchange of different forms of tokenized money and assets globally.

How can blockchain improve the financial sector?

Blockchain provides a shared database that facilitates the exchange of value in the digital world. Reconciliation processes become no longer necessary. Thereby, the exchange of value across institutions and even across borders becomes faster, cheaper, and more convenient.

What will the world in 10 years look like?

There will be a coexistence of various forms of tokenized and non-tokenized forms of money and assets. Central Bank Digital Currencies, stablecoins, tokenized deposits, cryptocurrencies, and other forms of tokenized money will be used as a means of payment and store of value. Each of them will address slightly different use cases. They will coexist next to common account-based forms of money as we know them today. Similarly, there will be a coexistence of classical securities and tokenized securities. Most of today’s highly liquid assets might still be non-tokenized, but in particular some of the illiquid assets and assets that are not even tradeable today will be available in the form of tokens on distributed ledgers.

What motivates you to be a speaker at the Blockchance conference?

I do enjoy the exchange with other experts and interested people from the Blockchain and Crypto space. This is my way of keeping up with the extremely fast developments in the space.


Alexander Bechtel contributes immensely to the implementation of blockchain technology in the German banking space. He recently shared his insights on CBDC and the future of money on our BLOCKCHANCE Online LIVE show. To catch a glimpse of his vision, check out the whole show on YouTube or read the related article in our blog. Meet Alex at the upcoming BLOCKCHANCE Europe 2021 conference, where she will hold a keynote speech on digital currencies, the future of money and payments, programmable money and payments, Digital Euro, Stablecoins, Cryptocurrencies, and blockchain use cases for the financial sector! Get your ticket here and take a deep dive into the universe of future technologies.

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