{"id":6403,"date":"2023-10-09T19:39:21","date_gmt":"2023-10-09T17:39:21","guid":{"rendered":"https:\/\/bicon.li\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/"},"modified":"2023-10-09T22:18:18","modified_gmt":"2023-10-09T20:18:18","slug":"panel-discusion-micar-centralisation-vs-decentralisation","status":"publish","type":"post","link":"https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/","title":{"rendered":"Panel Discusion: MiCAR - Centralisation VS. Decentralisation"},"content":{"rendered":"<p class=\"wp-block-paragraph\"><br>I am looking forward to an interesting <a href=\"https:\/\/www.linkedin.com\/feed\/update\/urn:li:activity:7117176905119715329\/\">panel discussion at the Token Summit Liechtenstein 2023 <\/a>with a highly relevant topic. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Possible discussion points that I see:<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">MiCA and DeFi<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Is decentralisation according to MiCA* possible on the various DeFi levels (according to Fabian Sch\u00e4r):<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Settlement \/ Asset Layer<\/li>\n\n\n\n<li>Protocol \/ Application \/ Aggregation Layer?<\/li>\n<\/ul>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"313\" height=\"161\" data-attachment-id=\"6406\" data-permalink=\"https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/image-1-3\/#main\" data-orig-file=\"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/image-1.png?fit=313%2C161&amp;ssl=1\" data-orig-size=\"313,161\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"image-1\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/image-1.png?fit=313%2C161&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/image-1.png?resize=313%2C161&#038;ssl=1\" alt=\"\" class=\"wp-image-6406\" title=\"null\" srcset=\"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/image-1.png?w=313&amp;ssl=1 313w, https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/image-1.png?resize=18%2C9&amp;ssl=1 18w\" sizes=\"auto, (max-width: 313px) 100vw, 313px\" \/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">If yes, what would be a <a href=\"https:\/\/bicon.li\/en\/2022\/11\/13\/minimum-viable-decentralization\/\">minimum viable decentralization<\/a>?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">*Recital 22 of the MiCAR \u201cwhere crypto-asset services are provided in a fully decentralised manner without any intermediary, they should not fall within the scope of this Regulation\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Status Quo: DeFi and decentralisation <\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Theoretical questions: will DeFi not always be centralised to a certain extend? Is a minimum viable decentralisation possible?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Practical question: are there existing protocols which could be labeled as minimum viable decentralised?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"> <\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Outlook: real financial world and decentralisation <\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Will blockchain end up as a more or less decentralised settlement \/ asset layer, enabling highly centralised and (MiCA) regulated protocols and applications running on it?<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Will the predominant protocols and applications prioritize efficiency and network effects over decentralization, paralleling the evolution of the internet?<\/p>","protected":false},"excerpt":{"rendered":"<p>I am looking forward to an interesting panel discussion at ... <\/p>\n<p class=\"read-more-container\"><a title=\"Panel Discusion: MiCAR - Centralisation VS. Decentralisation\" class=\"read-more button\" href=\"https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/#more-6403\" aria-label=\"Read more about Panel Discusion: MiCAR - Centralisation VS. Decentralisation\">Read Article<\/a><\/p>","protected":false},"author":1,"featured_media":6402,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_uag_custom_page_level_css":"","ub_ctt_via":"","advgb_blocks_editor_width":"","advgb_blocks_columns_visual_guide":"","generate_page_header":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[3,17,24],"tags":[31],"class_list":["post-6403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-blockchain","category-defi","tag-english","infinite-scroll-item","masonry-post","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50","no-featured-image-padding"],"featured_image_src":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/img_4072-1-scaled.jpg?fit=2560%2C1440&ssl=1","author_info":{"display_name":"Volkmar Ritter","author_link":"https:\/\/bicon.li\/en\/author\/wm\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Panel Discusion: MiCAR - Centralisation VS. Decentralisation | BICon<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Panel Discusion: MiCAR - Centralisation VS. Decentralisation | BICon\" \/>\n<meta property=\"og:description\" content=\"I am looking forward to an interesting panel discussion at ... Artikel lesen\" \/>\n<meta property=\"og:url\" content=\"https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/\" \/>\n<meta property=\"og:site_name\" content=\"BICon\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/BIConConsulting\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/volkmar.ritter\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-09T17:39:21+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-09T20:18:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/img_4072-1-scaled.jpg?fit=2560%2C1440&ssl=1\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Volkmar Ritter\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@volkmarritter\" \/>\n<meta name=\"twitter:site\" content=\"@BIConConsulting\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Volkmar Ritter\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/2023\\\/10\\\/09\\\/panel-discusion-micar-centralisation-vs-decentralisation\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/2023\\\/10\\\/09\\\/panel-discusion-micar-centralisation-vs-decentralisation\\\/\"},\"author\":{\"name\":\"Volkmar Ritter\",\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/#\\\/schema\\\/person\\\/f87d7a4f4803d1bfc49d3214d82e2b20\"},\"headline\":\"Panel Discusion: MiCAR - Centralisation VS. Decentralisation\",\"datePublished\":\"2023-10-09T17:39:21+00:00\",\"dateModified\":\"2023-10-09T20:18:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/2023\\\/10\\\/09\\\/panel-discusion-micar-centralisation-vs-decentralisation\\\/\"},\"wordCount\":181,\"publisher\":{\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/2023\\\/10\\\/09\\\/panel-discusion-micar-centralisation-vs-decentralisation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/bicon.li\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/img_4072-1-scaled.jpg?fit=2560%2C1440&ssl=1\",\"keywords\":[\"English\"],\"articleSection\":[\"BICon News\",\"Blockchain\",\"DeFi\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/2023\\\/10\\\/09\\\/panel-discusion-micar-centralisation-vs-decentralisation\\\/\",\"url\":\"https:\\\/\\\/bicon.li\\\/en\\\/2023\\\/10\\\/09\\\/panel-discusion-micar-centralisation-vs-decentralisation\\\/\",\"name\":\"Panel Discusion: MiCAR - Centralisation VS. Decentralisation | BICon\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/2023\\\/10\\\/09\\\/panel-discusion-micar-centralisation-vs-decentralisation\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/2023\\\/10\\\/09\\\/panel-discusion-micar-centralisation-vs-decentralisation\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/i0.wp.com\\\/bicon.li\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/img_4072-1-scaled.jpg?fit=2560%2C1440&ssl=1\",\"datePublished\":\"2023-10-09T17:39:21+00:00\",\"dateModified\":\"2023-10-09T20:18:18+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/2023\\\/10\\\/09\\\/panel-discusion-micar-centralisation-vs-decentralisation\\\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/bicon.li\\\/en\\\/2023\\\/10\\\/09\\\/panel-discusion-micar-centralisation-vs-decentralisation\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/2023\\\/10\\\/09\\\/panel-discusion-micar-centralisation-vs-decentralisation\\\/#primaryimage\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/bicon.li\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/img_4072-1-scaled.jpg?fit=2560%2C1440&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/bicon.li\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/img_4072-1-scaled.jpg?fit=2560%2C1440&ssl=1\",\"width\":2560,\"height\":1440},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/2023\\\/10\\\/09\\\/panel-discusion-micar-centralisation-vs-decentralisation\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/bicon.li\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Panel Discusion: MiCAR - Centralisation VS. Decentralisation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/bicon.li\\\/en\\\/\",\"name\":\"BICon\",\"description\":\"Business &amp; IT Consulting for the Financial Industry\",\"publisher\":{\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/bicon.li\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-GB\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/#organization\",\"name\":\"BICon\",\"url\":\"https:\\\/\\\/bicon.li\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/i0.wp.com\\\/bicon.li\\\/wp-content\\\/uploads\\\/2015\\\/08\\\/logo.png?fit=600%2C106&ssl=1\",\"contentUrl\":\"https:\\\/\\\/i0.wp.com\\\/bicon.li\\\/wp-content\\\/uploads\\\/2015\\\/08\\\/logo.png?fit=600%2C106&ssl=1\",\"width\":600,\"height\":106,\"caption\":\"BICon\"},\"image\":{\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/BIConConsulting\\\/\",\"https:\\\/\\\/x.com\\\/BIConConsulting\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/7082461\\\/admin\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/bicon.li\\\/en\\\/#\\\/schema\\\/person\\\/f87d7a4f4803d1bfc49d3214d82e2b20\",\"name\":\"Volkmar Ritter\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-GB\",\"@id\":\"https:\\\/\\\/bicon.li\\\/wp-content\\\/litespeed\\\/avatar\\\/d2146d0239f250deff091ba5ec974d50.jpg?ver=1784283373\",\"url\":\"https:\\\/\\\/bicon.li\\\/wp-content\\\/litespeed\\\/avatar\\\/d2146d0239f250deff091ba5ec974d50.jpg?ver=1784283373\",\"contentUrl\":\"https:\\\/\\\/bicon.li\\\/wp-content\\\/litespeed\\\/avatar\\\/d2146d0239f250deff091ba5ec974d50.jpg?ver=1784283373\",\"caption\":\"Volkmar Ritter\"},\"sameAs\":[\"http:\\\/\\\/www.bicon.li\",\"https:\\\/\\\/www.facebook.com\\\/volkmar.ritter\",\"https:\\\/\\\/www.linkedin.com\\\/in\\\/volkmarritter\\\/\",\"https:\\\/\\\/x.com\\\/volkmarritter\"],\"url\":\"https:\\\/\\\/bicon.li\\\/en\\\/author\\\/wm\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Panel Discusion: MiCAR - Centralisation VS. Decentralisation | BICon","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/","og_locale":"en_GB","og_type":"article","og_title":"Panel Discusion: MiCAR - Centralisation VS. Decentralisation | BICon","og_description":"I am looking forward to an interesting panel discussion at ... Artikel lesen","og_url":"https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/","og_site_name":"BICon","article_publisher":"https:\/\/www.facebook.com\/BIConConsulting\/","article_author":"https:\/\/www.facebook.com\/volkmar.ritter","article_published_time":"2023-10-09T17:39:21+00:00","article_modified_time":"2023-10-09T20:18:18+00:00","og_image":[{"width":2560,"height":1440,"url":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/img_4072-1-scaled.jpg?fit=2560%2C1440&ssl=1","type":"image\/jpeg"}],"author":"Volkmar Ritter","twitter_card":"summary_large_image","twitter_creator":"@volkmarritter","twitter_site":"@BIConConsulting","twitter_misc":{"Written by":"Volkmar Ritter","Estimated reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/#article","isPartOf":{"@id":"https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/"},"author":{"name":"Volkmar Ritter","@id":"https:\/\/bicon.li\/en\/#\/schema\/person\/f87d7a4f4803d1bfc49d3214d82e2b20"},"headline":"Panel Discusion: MiCAR - Centralisation VS. Decentralisation","datePublished":"2023-10-09T17:39:21+00:00","dateModified":"2023-10-09T20:18:18+00:00","mainEntityOfPage":{"@id":"https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/"},"wordCount":181,"publisher":{"@id":"https:\/\/bicon.li\/en\/#organization"},"image":{"@id":"https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/img_4072-1-scaled.jpg?fit=2560%2C1440&ssl=1","keywords":["English"],"articleSection":["BICon News","Blockchain","DeFi"],"inLanguage":"en-GB"},{"@type":"WebPage","@id":"https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/","url":"https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/","name":"Panel Discusion: MiCAR - Centralisation VS. Decentralisation | BICon","isPartOf":{"@id":"https:\/\/bicon.li\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/#primaryimage"},"image":{"@id":"https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/img_4072-1-scaled.jpg?fit=2560%2C1440&ssl=1","datePublished":"2023-10-09T17:39:21+00:00","dateModified":"2023-10-09T20:18:18+00:00","breadcrumb":{"@id":"https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/#breadcrumb"},"inLanguage":"en-GB","potentialAction":[{"@type":"ReadAction","target":["https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/"]}]},{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/#primaryimage","url":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/img_4072-1-scaled.jpg?fit=2560%2C1440&ssl=1","contentUrl":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/img_4072-1-scaled.jpg?fit=2560%2C1440&ssl=1","width":2560,"height":1440},{"@type":"BreadcrumbList","@id":"https:\/\/bicon.li\/en\/2023\/10\/09\/panel-discusion-micar-centralisation-vs-decentralisation\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/bicon.li\/en\/"},{"@type":"ListItem","position":2,"name":"Panel Discusion: MiCAR - Centralisation VS. Decentralisation"}]},{"@type":"WebSite","@id":"https:\/\/bicon.li\/en\/#website","url":"https:\/\/bicon.li\/en\/","name":"BICon","description":"Business &amp; IT Consulting for the Financial Industry","publisher":{"@id":"https:\/\/bicon.li\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/bicon.li\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-GB"},{"@type":"Organization","@id":"https:\/\/bicon.li\/en\/#organization","name":"BICon","url":"https:\/\/bicon.li\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/bicon.li\/en\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2015\/08\/logo.png?fit=600%2C106&ssl=1","contentUrl":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2015\/08\/logo.png?fit=600%2C106&ssl=1","width":600,"height":106,"caption":"BICon"},"image":{"@id":"https:\/\/bicon.li\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/BIConConsulting\/","https:\/\/x.com\/BIConConsulting","https:\/\/www.linkedin.com\/company\/7082461\/admin\/"]},{"@type":"Person","@id":"https:\/\/bicon.li\/en\/#\/schema\/person\/f87d7a4f4803d1bfc49d3214d82e2b20","name":"Volkmar Ritter","image":{"@type":"ImageObject","inLanguage":"en-GB","@id":"https:\/\/bicon.li\/wp-content\/litespeed\/avatar\/d2146d0239f250deff091ba5ec974d50.jpg?ver=1784283373","url":"https:\/\/bicon.li\/wp-content\/litespeed\/avatar\/d2146d0239f250deff091ba5ec974d50.jpg?ver=1784283373","contentUrl":"https:\/\/bicon.li\/wp-content\/litespeed\/avatar\/d2146d0239f250deff091ba5ec974d50.jpg?ver=1784283373","caption":"Volkmar Ritter"},"sameAs":["http:\/\/www.bicon.li","https:\/\/www.facebook.com\/volkmar.ritter","https:\/\/www.linkedin.com\/in\/volkmarritter\/","https:\/\/x.com\/volkmarritter"],"url":"https:\/\/bicon.li\/en\/author\/wm\/"}]}},"author_meta":{"display_name":"Volkmar Ritter","author_link":"https:\/\/bicon.li\/en\/author\/wm\/"},"featured_img":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/img_4072-1-scaled.jpg?fit=600%2C338&ssl=1","jetpack_featured_media_url":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/img_4072-1-scaled.jpg?fit=2560%2C1440&ssl=1","uagb_featured_image_src":{"full":["https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/img_4072-1-scaled.jpg?fit=2560%2C1440&ssl=1",2560,1440,false],"thumbnail":["https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/img_4072-1-scaled.jpg?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/img_4072-1-scaled.jpg?fit=600%2C338&ssl=1",600,338,true],"medium_large":["https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/img_4072-1-scaled.jpg?fit=768%2C432&ssl=1",768,432,true],"large":["https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/img_4072-1-scaled.jpg?fit=1024%2C576&ssl=1",1024,576,true],"1536x1536":["https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/img_4072-1-scaled.jpg?fit=1536%2C864&ssl=1",1536,864,true],"2048x2048":["https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/img_4072-1-scaled.jpg?fit=2048%2C1152&ssl=1",2048,1152,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/10\/img_4072-1-scaled.jpg?fit=18%2C10&ssl=1",18,10,true]},"uagb_author_info":{"display_name":"Volkmar Ritter","author_link":"https:\/\/bicon.li\/en\/author\/wm\/"},"uagb_comment_info":0,"uagb_excerpt":"I am looking forward to an interesting panel discussion at ... Artikel lesen","coauthors":[],"tax_additional":{"categories":{"linked":["<a href=\"https:\/\/bicon.li\/en\/category\/news\/\" class=\"advgb-post-tax-term\">BICon News<\/a>","<a href=\"https:\/\/bicon.li\/en\/category\/blockchain\/\" class=\"advgb-post-tax-term\">Blockchain<\/a>","<a href=\"https:\/\/bicon.li\/en\/category\/defi\/\" class=\"advgb-post-tax-term\">DeFi<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">BICon News<\/span>","<span class=\"advgb-post-tax-term\">Blockchain<\/span>","<span class=\"advgb-post-tax-term\">DeFi<\/span>"]},"tags":{"linked":["<a href=\"https:\/\/bicon.li\/en\/category\/defi\/\" class=\"advgb-post-tax-term\">English<\/a>"],"unlinked":["<span class=\"advgb-post-tax-term\">English<\/span>"]}},"comment_count":"0","relative_dates":{"created":"Posted 3 years ago","modified":"Updated 3 years ago"},"absolute_dates":{"created":"Posted on 2023-10-09","modified":"Updated on 2023-10-09"},"absolute_dates_time":{"created":"Posted on 2023-10-09 19:39","modified":"Updated on 2023-10-09 22:18"},"featured_img_caption":"","series_order":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9UXv9-1Fh","jetpack-related-posts":[{"id":5194,"url":"https:\/\/bicon.li\/en\/2022\/11\/13\/minimum-viable-decentralization\/","url_meta":{"origin":6403,"position":0},"title":"Minimum Viable Decentralization (MvD): A Framework for Evaluating Decentralized Finance (DeFi) Protocols","author":"Volkmar Ritter","date":"2022-11-13","format":false,"excerpt":"The concept of Decentralized Finance (DeFi) has gained considerable attention as a transformative force in the financial sector, leveraging blockchain technology to offer financial services without traditional intermediaries. However, many projects labeled as \"DeFi\" exhibit significant centralization in key areas, leading to confusion about what truly constitutes decentralization. To address\u2026","rel":"","context":"In &quot;Blockchain&quot;","block_context":{"text":"Blockchain","link":"https:\/\/bicon.li\/en\/category\/blockchain\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/11\/Strategy-1.webp?fit=1200%2C686&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/11\/Strategy-1.webp?fit=1200%2C686&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/11\/Strategy-1.webp?fit=1200%2C686&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/11\/Strategy-1.webp?fit=1200%2C686&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2023\/11\/Strategy-1.webp?fit=1200%2C686&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":3835,"url":"https:\/\/bicon.li\/en\/2021\/04\/15\/defi-p-e-ratios\/","url_meta":{"origin":6403,"position":1},"title":"DeFi \u00abP\/E Ratios\u00bb compared to Tech Stocks","author":"Volkmar Ritter","date":"2021-04-15","format":false,"excerpt":"Since the supply-side revenues (blue) are given to the lenders, liquidity providers etc. they are not relevant earnings wise.Under the admittedly idealistic assumption that all protocol revenue (red) remains within the protocol (no pay-outs to non-token holders) and is a 100% reflected as profit in the protocol token, the following\u2026","rel":"","context":"In &quot;Blockchain&quot;","block_context":{"text":"Blockchain","link":"https:\/\/bicon.li\/en\/category\/blockchain\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2021\/04\/9A357C4B-584D-4002-8B0E-191DDECAB880.jpeg?fit=1200%2C629&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2021\/04\/9A357C4B-584D-4002-8B0E-191DDECAB880.jpeg?fit=1200%2C629&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2021\/04\/9A357C4B-584D-4002-8B0E-191DDECAB880.jpeg?fit=1200%2C629&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2021\/04\/9A357C4B-584D-4002-8B0E-191DDECAB880.jpeg?fit=1200%2C629&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2021\/04\/9A357C4B-584D-4002-8B0E-191DDECAB880.jpeg?fit=1200%2C629&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":3142,"url":"https:\/\/bicon.li\/en\/2021\/02\/02\/defi\/","url_meta":{"origin":6403,"position":2},"title":"DeFi und der innere Wert von Crypto \u00abW\u00e4hrungen\u00bb","author":"Volkmar Ritter","date":"2021-02-02","format":false,"excerpt":"Im Schatten der Schlagzeilen zu Kursfeuerwerken von Bitcoin, Tesla sowie von Technologie Investments im Allgemeinen, fand die wahrscheinlich gr\u00f6sste Blockchain Innovation des letzten Jahres und der damit verbundene Kursanstieg nur wenig Erw\u00e4hnung in den Massenmedien: DeFi. Dieses K\u00fcrzel steht f\u00fcr Decentralized Finance. DeFi und Ethereum Um was geht es? Auf\u2026","rel":"","context":"In &quot;Blockchain&quot;","block_context":{"text":"Blockchain","link":"https:\/\/bicon.li\/en\/category\/blockchain\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2021\/01\/img_6447-e1612095281279.jpg?fit=1200%2C795&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2021\/01\/img_6447-e1612095281279.jpg?fit=1200%2C795&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2021\/01\/img_6447-e1612095281279.jpg?fit=1200%2C795&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2021\/01\/img_6447-e1612095281279.jpg?fit=1200%2C795&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2021\/01\/img_6447-e1612095281279.jpg?fit=1200%2C795&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":5252,"url":"https:\/\/bicon.li\/en\/2022\/11\/28\/5-zertifikatsstudiengang-blockchain-und-fintech\/","url_meta":{"origin":6403,"position":3},"title":"5. Certificate Programme Blockchain and FinTech","author":"Volkmar Ritter","date":"2022-11-28","format":false,"excerpt":"Es freut mich sehr, auch im f\u00fcnften Durchgang des Zertifikatsstudienganges\u00a0Blockchain und FinTech an der Universit\u00e4t Liechtenstein zwei Bl\u00f6cke zu dozieren: Digitale Innovationen \/ FinTech Gesch\u00e4ftsmodelle und EconomicsM\u00f6gliche Strategien und Rollen\u00a0f\u00fcr\u00a0Finanzintermedi\u00e4re\u00a0 Introduction to DeFi (Decentralized Finance) Im ersten Teil ist das Ziel den Studierenden ein Verst\u00e4ndnis von folgenden Punkten zu vermitteln:\u2026","rel":"","context":"In &quot;Blockchain&quot;","block_context":{"text":"Blockchain","link":"https:\/\/bicon.li\/en\/category\/blockchain\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2021\/02\/img_6623.png?fit=594%2C372&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2021\/02\/img_6623.png?fit=594%2C372&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2021\/02\/img_6623.png?fit=594%2C372&ssl=1&resize=525%2C300 1.5x"},"classes":[]},{"id":3810,"url":"https:\/\/bicon.li\/en\/2021\/04\/16\/dozent-innovationsmotor-fintech-defi\/","url_meta":{"origin":6403,"position":4},"title":"Dozent Innovationsmotor FinTech &#038; DeFi","author":"Volkmar Ritter","date":"2021-04-16","format":false,"excerpt":"Es freut mich ausserordentlich, im Zertifikatsstudiengang Blockchain and Fintech der\u00a0Universit\u00e4t\u00a0Liechtenstein neu zus\u00e4tzlich im abschliessenden Modul Innovationsmotor FinTech folgende Themen zu unterrichten: Nach der Einf\u00fchrung in die Themen Digitale Innovationen, FinTech und Blockchain sowie m\u00f6gliche neue Rollen und Strategien f\u00fcr Finanzdienstleister in einer digitalen Welt im ersten Modul, geht es nun\u2026","rel":"","context":"In &quot;DeFi&quot;","block_context":{"text":"DeFi","link":"https:\/\/bicon.li\/en\/category\/defi\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2021\/01\/DeFi.jpg?fit=1200%2C560&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2021\/01\/DeFi.jpg?fit=1200%2C560&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2021\/01\/DeFi.jpg?fit=1200%2C560&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2021\/01\/DeFi.jpg?fit=1200%2C560&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2021\/01\/DeFi.jpg?fit=1200%2C560&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":9033,"url":"https:\/\/bicon.li\/en\/2026\/05\/06\/the-end-of-the-mvp-era-as-we-know-it\/","url_meta":{"origin":6403,"position":5},"title":"The End of the MVP Era as We Know It","author":"Volkmar Ritter","date":"2026-05-06","format":false,"excerpt":"From Scarcity to Abundance For more than two decades, the concept of the Minimum Viable Product shaped how digital products were designed, prioritised, and implemented. The underlying logic was highly rational. In a world where software development was expensive, slow, and organisationally fragmented, reducing scope was essential. Products had to\u2026","rel":"","context":"In &quot;Artificial Intelligence&quot;","block_context":{"text":"Artificial Intelligence","link":"https:\/\/bicon.li\/en\/category\/artificialintelligence\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2026\/05\/MVP2.png?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2026\/05\/MVP2.png?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2026\/05\/MVP2.png?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2026\/05\/MVP2.png?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/bicon.li\/wp-content\/uploads\/2026\/05\/MVP2.png?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"publishpress_future_action":{"enabled":false,"date":"2026-07-31 02:29:02","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/bicon.li\/en\/wp-json\/wp\/v2\/posts\/6403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bicon.li\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bicon.li\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bicon.li\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bicon.li\/en\/wp-json\/wp\/v2\/comments?post=6403"}],"version-history":[{"count":0,"href":"https:\/\/bicon.li\/en\/wp-json\/wp\/v2\/posts\/6403\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bicon.li\/en\/wp-json\/wp\/v2\/media\/6402"}],"wp:attachment":[{"href":"https:\/\/bicon.li\/en\/wp-json\/wp\/v2\/media?parent=6403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bicon.li\/en\/wp-json\/wp\/v2\/categories?post=6403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bicon.li\/en\/wp-json\/wp\/v2\/tags?post=6403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}