1. TASK DEFINITION
For the term paper you can choose between the following tasks. Please choose one of them, which you would like to work on in your term paper.
As a starting point for the homework, the study script is used first, whose contents as basic knowledge represent the prerequisite for the in-depth consideration of one of the following questions. It is expected that in the term paper further literature sources are researched and processed to the question selected by you.
1.1 Assignment Cryptocurrency and crypto tokens: a differentiation and critical appraisal 1. Explain the terms cryptocurrency and cryptotoken. Also discuss the blockchain technology.
2. Explicitly discuss the differences between cryptocurrency and crypto tokens.
3. Conclude the paper with a critical appraisal of cryptocurrency and cryptotokens.
OR
1.2 Assignment FinTechs: Opportunities and risks for the financial industry
1. Define the terms FinTechs and financial industry.
2. Name one or two specific FinTechs as examples and explain their business model very briefly.
3. Consider the importance and role of FinTechs in the financial industry. Explicitly address the opportunities and risks that FinTechs bring to the financial industry.
OR
PREFERED TOPIC:
1.3 Task Big Data: Opportunities and challenges for banks
1. Define the term “big data” in general.
2. Apply Big Data to the banking industry and describe the challenges and opportunities that Big Data brings for banks.
3. Give examples of one or two specific areas of application of BigData in banks and briefly explain them.
