call download fax letter pdf search x chevron
Stage Image

Our Mission

The Frankfurt School Blockchain Center is a think tank and research center which investigates implications of the blockchain technology, crypto assets and distributed ledger technology (DLT) for companies and their business models. Besides the development of prototypes, it serves as a platform for managers, startups, technology and industry experts to share knowledge and best practices. The Blockchain Center also provides new research impulses and develops trainings for students and executives. It focuses on banking, finance, mobility and, “Industrie 4.0”.

Foster understanding of blockchain technology and their business potential for a variety of stakeholders.

Generate new knowledge about commercial, managerial and societal implications of blockchain technologies.

Educate executives and students about blockchain technology.

Develop prototypes to evaluate blockchain concepts and assess applicability in existing business processes.

Build a strong community of blockchain experts, corporates, industry experts and entrepreneurial talents.

Focus on specific areas such as banking, finance, mobility, “Industrie 4.0”.


Workshop "Landesgruppe Hessen des Blockchain Bundesverbands e.V." on August 06, 2019, in Frankfurt: To energize the blockchain scene in Hessen, the Frankfurt School Blockchain Center organizes a workshop to discuss the continuous disruption of the blockchain technology. At the moment, startups are using the decentralized approach, combined with data autonomy to provide new values to customers and to open up sources of income for data suppliers. In this edition, an open discussion will take place about tokenized venture capital, identity management with Sovrin, among other topics. The talks will be led by experts such as Michael Duttlinger (Cashlink), Andre Kudra (Esatus) and Benjamin Horvath (BlockRocket).
More information. 

"Crypto Assets Conference 2020" from March 09 to March 10, 2020, in Frankfurt: The Frankfurt School Blockchain Center organizes the third edition of the Crypto Assets Conference — a two-day event where +50 seasoned speakers and professionals from the newly emerging scene of crypto assets and experts from the traditional financial industry meet to discuss the latest insights of the blockchain technology. The conference will cover a wide range of topics such as DLT in the financial sector, crypto currencies, ICOs, crypto funds, tokens of decentral business models, securitization and more. The Crypto Assets Conference is designed to provide participants not only with cutting edge discussions but also networking opportunities to explore new business models and jump-start their blockchain-based projects. The event blends together keynotes, different tracks and exciting talks lead by experts such as Dirk Bullmann (European Central Bank), Christoph Kreiterling (BaFin), Dr. Martin Diehl (Deutsche Bundesbank), Michael Spitz (Commerzbank), Marcel Milde, (Siemens), Jens Hachmeister (Deutsche Börse), Dr. Shermin Voshmgir, (Wirtschaftsuniversität Wien). 
More information. 

Course "e-Learning Master Class on Blockchain Business Strategy": Blockchain technology is mostly associated with crypto currencies in public discussion, especially Bitcoin. It remains a widely discussed topic due to significant uncertainty, to what this technology is all about. Blockchain technology has thought proved its potential to be a solution to almost every problem of digital infrastructure. This course aims to provide participants with comprehensive knowledge about the concept and capabilities of blockchain technology from a potential business perspective. Participants will learn about best practices and how a blockchain project can be successfully implemented through the analysis of real case studies and use cases. The course is developed for business strategy professionals, business developers, finance professionals, entrepreneurs.
More information.

Course "Certified Blockchain Expert" from September 25, 2019, to January 20, 2020, in Frankfurt: This course is designed for everybody who wants to acquire IT and business skills in blockchain technology. The course has an IT track and a business track such that it is suitable for both IT experts and business developers who seek to understand blockchain technology and crypto currencies. Among others, we focus on the Ethereum and the Hyperledger platforms. From an IT perspective, this includes writing smart contracts and decentralised applications (DApps). Further, from a business perspective, we provide an understanding of the variety of possible blockchain use cases and business models. The program consists of two 4-day weeks and a final term paper.
More information.



  • Joint research projects with corporates
  • Studies on blockchain applications

  • Compiling technical whitepapers

  • Well established network in the DLT/blockchain ecosystem in Germany, Europe and Asia

  • Organization of conferences, meetups, seminars and webinars

  • Workshops for top managers and decision makers

  • Lectures about DLT and blockchain for bachelor, master and MBA courses

  • Supervision of theses on various blockchain-related topics

  • Certificate program to become a blockchain experts

  • Digital Innovation and Fintech: dedicated bachelor program

  • Development of prototypes in Ethereum, Hyperledger, R3 Corda, and IOTA

  • Decision support with regard to (i) organizational and (ii) architectural IT decisions

  • Support with implementation of blockchain solutions

  • Advising startups on DLT/blockchain related topics

  • Establishment of B2B or investor contacts for startups

  • Support for marketing and public relations


The Blockchain Bundesverband (Blockchain Association Germany) promotes the use of blockchain technology at the business location Germany. The association represents interests of startups and companies that want to develop business models based on blockchain technology. The Frankfurt School Blockchain Center is a founding member.

MAMA is a trade body which represents asset management companies, investors, technology providers, service providers and ecosystem players interested in working towards a new vision for asset management using blockchain and other supporting decentralized technologies. The Frankfurt School Blockchain Center is a founding member.

The International Token Standardization Association (ITSA) is a non-profit organization aiming at the development and implementation of market standards for the identification, classification and analysis of DLT- and blockchain-based cryptographic tokens, including the International Token Identification Number (ITIN), the International Token Classification (ITC) framework and the International Token Database (TOKENBASE). The Frankfurt School Blockchain Center is a founding member of ITSA, contributing a large share to the aforementioned projects. Moreover, Prof. Dr. Sandner currently serves as Chairman of ITSA.


Selected publications

Comparison of Ethereum, Hyperledger Fabric and Corda: With this paper, we provide a brief analysis of the most notable differences between the distributed ledger technologies (DLT) Hyperledger Fabric, R3 Corda and Ethereum. Our intention is to give decision makers new to DLT guidance for what use cases Hyperledger Fabric, Corda and Ethereum are most suitable. Read more.

Application of Blockchain Technology in the Manufacturing Industry: The following paper shows both the high potential of blockchain for the manufacturing and machine tool industry in the future, as well as the challenges that occur with that technology. Several use cases of blockchain technology will be presented and discussed in this paper. Furthermore, we want to show the conditions under which blockchain solutions might be most beneficial and if blockchain will become a key technology to transform many industries. Read more.

Solving Challenges in Developing Countries with Blockchain Technology: Blockchain technology can solve development problems as it improves existing instruments and enables the development of new ones. Blockchain-based applications particularly address institutional weaknesses and financial inclusion because they restrict deception, corruption and uncertainties. In the future, the blockchain can also be a development vehicle empowering people directly and mitigating power asymmetries. Read more.

Blockchain Technology in the Pharmaceutical Industry: With this paper, we present a blockchain-based solution to increase supply chain security for the pharmaceutical industry. Supply chain security is one aspect that has recently won attention, when the Drug Supply Chain Security Act (DSCSA) has been implemented in the U.S. to, amongst others, fight the counterfeit drug problem. During the second “{Life Science} meets IT” hackathon in Heidelberg a team of enthusiastic young professionals and students developed a prototype solution that is able to guard people’s life with a patient-empowering blockchain solution and won the first price with their prototype LifeCrypter. Read more.

Identifying Leading Blockchain Startups on a Worldwide Level:The blockchain startup ecosystem is unique for the interconnectedness amongst startups from different industries. Startups are in many cases the drivers of innovations. A comprehensive understanding and overview of a particular startup ecosystem can therefore be beneficial to understand which products or services are really demanded by customers. Read more.

Additional publications 2019

Blockchain and Marketing
June 2019; by Scherf, Jessica; Becker, Lutz. (PDF)

Crypto Currencies as a New Challenge to Anti-Money Laundering Regulation and the Know-Your-Customer-Principle
June 2019; by Auffenberg, Lutz. (PDF)

Blockchain Business Models for Autonomous IoT Sensor Devices
April 2019; by Higgins, Marc; Sandner, Philipp. (PDF)

Entscheidungshilfe für den Einsatz von Blockchain-Technologie in Unternehmen: Vier Frameworks im Vergleich
April 2019; by Höfelmann, Daniel; Sandner, Philipp. (PDF) [German]

Additional publications 2018

Identifying Leading Blockchain Startups on a Worldwide Level
December 2018; by Fiedler, Malin; Sandner, Philipp. (PDF)

Blockchain-Based ICOs: Pure Hype or the Dawn of a New Era of Startup Financing?
November 2018; by Ante, Lennart; Sandner, Philipp; Fiedler, Ingo. (PDF)

Blockchain in the Chemical Industry
September 2018; by Maxeiner, Lukas Samuel; Martini, Jan-Philipp; Sandner, Philipp. (PDF)

Mit Blockchain auf dem Weg zur Smart Maintenance
September 2018; by Heinert, Stev; Sandner, Philipp. (PDF) [German]

R3 Corda: Implementierung eines Prototyps für Schuldscheindarlehen und Vergleich verschiedener DLT-Frameworks
Juli 2018; by Sandner, Philipp; Impekoven, Christoph; Wiemann, Jan-Philipp. (PDF) [German]

Rechtliche & marktorganisatorische Anforderungen an den P2P-Stromhandel
April 2018; by Kreuzburg, Michael. (PDF) [German]

Soft und Hard Forks: Was sind die wirtschaftlichen und steuerrechtlichen Auswirkungen
April 2018; by Himmer, Klaus; Berchtold, Magnus; Messmer, Jan; Sandner, Philipp. (PDF) [German]

Analysis of Blockchain Technology in the Mobility sector
April 2018; by Gösele, Martin; Sandner, Philipp. (PDF)

Blockchain-basierte Abrechnung der IoT-registrierten Stationshalte: ein Proof-of-Concept auf Basis von Ethereum
April 2018; by Kuperberg, Michael; Sandner, Philipp; Felder, Matthias. (PDF) [German]

Security in Blockchain Applications
March 2018; by Roßbach, Peter. (PDF)

How We Built the Future of Shared Mobility Within Four Weeks
February 2018; by Kirn, Alexander; Gmelin, Alexander; Sandner, Philipp; Strube, Moritz. (PDF)

Blockchain: Proposition of a New and Sustainable Macroeconomic System
January 2018; by Eikmanns, Benedikt Christian. (PDF)

Additional publications 2017

Application of Blockchain Technology in the Manufacturing Industry
November 2017; by Dieterich, Vincent; Ivanovic, Marko; Meier, Thomas et al. (PDF)

Solving Challenges in Developing Countries with Blockchain Technology
October 2017; by Schmidt, Kai; Sandner, Philipp. (PDF)

Besteuerung von digitalen Assets wie Kryptowährungen und Tokens
September 2017; by Himmer, Klaus. (PDF) [German]

Blockchain-Technologie: Vom Hype zur Wirklichkeit
July 2017; by Bamberger, Boas. (PDF) [German]

Blockchain Technology in the Pharmaceutical Industry
July 2017; by Schöner, Manuela M.; Kourouklis, Dimitri; Sandner, Philipp; Gonzalez, Erick; Förster, Jonas. (PDF)

Comparison of Ethereum, Hyperledger Fabric and Corda
June 2017; by Valenta, Martin; Sandner, Philipp. (PDF)

Digitalisierung der Versicherungswirtschaft mit Blockchain und Smart Contracts
May 2017; Ghosh, Raoul; Ott, Mathias; Sandner, Philipp. (PDF) [German]

Consensus Methods in Blockchain Systems
May 2017; by Debus, Julian. (PDF)


Selected past projects
  • Development of e-mobility prototype based on the blockchain technology with INVERS
  • Proof of concept (PoC) on trading loans using Ethereum
  • Blockchain workshop with the Advisory Board of the Deutsche Bank
  • Blockchain workshop with the Board of LBBW
  • Joint workshop with Deutsche Bundesbank (6th Central Banking Workshop on “Blockchain Technology: Opportunities and Challenges”)
Conferences and seminars
  • Crypto Asset Conference in Frankfurt (CAC 2019)
  • German Blockchain Week (GWB 2019)
  • East West Crypto Conference (EWCC19)
  • Crypto Startup School (CSS 2018)
  • Course "Certified Blockchain Expert" (more information)
  • IoT & Finance workshop in cooperation with Bosch
  • 3. Forum: Blockchain im Finanzbereich

Press Coverage

"Die spannenden Alternativen zum Bitcoin” (ARD Boerse)

Zum Video

“Mit diesem 5-Punkte-Plan wird Deutschland zum Blockchain-Vorreiter”

Zum Artikel

“Blockchain ist vergleichbar mit dem
iPhone 1”

Zum Video

“ICOs sind tot - es lebe der STO!”

Zum Artikel

“Wem nützt der Bitcoin überhaupt?”

Zum Video

Our Team


Prof. Dr. Philipp Sandner

  • Blockchain and Bitcoin experience for several years
  • Strong entrepreneurship record after having founded multiple companies
  • Project manager in IT development projects
  • Studied business administration with focus on business informatics and IT at Universität Mannheim
  • PhD at Ludwig-Maximilians-Universität München with focus on corporate IP portfolio analytics

Prof. Dr. Peter Roßbach

  • Blockchain and Bitcoin experience for several years
  • Academic Director of the bachelor programs "Digital Innovation & Fintech" and "Business Information Systems“
  • Main research areas are Blockchain technologies, IT security and data analytics
  • PhD and habilitation at Philipps-Universität Marburg

Vahe Andonians

  • Serial entrepreneur, having founded and successfully sold four companies in the last 15 years
  • Strong focus on disruptive technologies developed by start-ups
  • Engineer in information and high frequency technology from the Federal Higher Technical Institute for Education and Experimentation in Moedling, Austria
  • MBA from the University of Liverpool, United Kingdom
Frankfurt School Experts

Christian Schätzlein

Areas of Expertise:

  • High-profile training programs, seminars & workshops
  • Banking, regulation & governance

Philipp Schulden

Areas of Expertise:

  • Initial Coin Offerings (ICOs)
  • Use case development
  • Crypto currency analysis

Constantin Lichti

Areas of Expertise:

  • Initial Coin Offerings (ICOs)
  • Crowdfunding
  • Entrepreneurial finance
  • Applications of blockchain and DLT systems

Ramie Ajmida

Send Email

Areas of Expertise:

  • Academic and research project manager

Christian Flasshoff

Send Email

Area of Expertise:

  • Technology research and business development

Felix Bekemeier

Send Email

Areas of Expertise:

  • Applications of blockchain technology
  • Money theory and policy
  • Microeconomic analysis of agent behaviour in blockchain networks

Veronika Kütt

Areas of Expertise:

  • Crypto assets
  • Self-sovereign identity
  • Identity management

Constantin Ketz

Send Email

Area of Expertise:

  • Crypto currency analysis and Initial Coin Offerings (ICOs)

Jonas Groß

Send Email

Areas of Expertise:

  • The impact of blockchain technology on monetary policy
  • Central Bank Digital Currency (CBDC)
  • Central Bank Crypto Currency (CBCC)
  • Alternative monetary systems
  • Security tokens

Evgeni Kozyr

Send Email

Areas of Expertise:

  • Startups
  • ICOs / bounty program
  • Distributed Ledger Technology research

Manelin Moarref

Send Email

Areas of Expertise:

  • Project management for startups
  • Agile project management
  • Decision making on DLT
  • Blockchain research

Philipp Rosenbach

Send Email

Areas of Expertise:

  • Crypto assets
  • Crowdfunding / financing
  • Corporate and entrepreneurial finance
External Experts

Christoph Kreiterling

Bundesanstalt für Finanzdienstleistungsaufsicht, BaFin

Area of Expertise:

  • Blockchain technology research

PD Dr. Martin Fries

Ludwig-Maximilians-Universität München

Areas of Expertise:

  • Legal tech
  • Smart contracts
  • Civil law
  • Civil procedure
  • Comparative law
  • Law and technology

Dennis Knochenwefel


Areas of Expertise:

  • Insurance
  • InsurTech
  • RegTech
  • xBRL
  • Standardized extensible smart contract solutions

Manuel Utz


Areas of Expertise:

  • Decentralized energy supply models
  • Blockchain-based application models for the energy market
  • Peer-to-peer business models

Moritz Strube


Areas of Expertise:

  • Artificial intelligence
  • Internet of things (IoT)
  • Conversational user interfaces

Georg Runge

DLT Capital

Areas of Expertise:

  • Company building / incubator / accelerators
  • (Good) impact investment
  • ICO/ ITO advisory
  • Tokenized funds

Thore Hildebrandt

Grid Singularity

Areas of Expertise:

  • Smart contracts
  • Ethereum
  • Finance
  • Asset backed securities

Klaus Himmer

21 Consulting GmbH

Areas of Expertise:

  • Taxation & Accounting of digital Assets


  • Multishore Tax Reporting

  • Crypto Assets

  • Crypto Fund Reporting

FS Blockchain Center on Social Media