With initial work experience in venture capital, Nick graduated in March 2022 with a Master of Science in Business Information Systems from Friedrich-Schiller-University in Jena. In addition to his focus on finance, he also took an in-depth look at innovative technologies such as artificial intelligence and the Internet of Things. As part of his master's thesis, he analyzed the technological foundations and application fields of a blockchain. During his bachelor studies in economics, Nick deepened his knowledge with focus on Accounting, Taxation and Capital Markets. Since October 2022, Nick has been supporting CC Ecosystems as a PhD student. He focuses his research on data strategies in the financial industry and in particular on the monetization of a company's data.

Asymmetric cryptography and digital signatures – Part 2

The first part of this blog series introduced the concept of symmetric cryptography, which can en-sure the confidentiality of data to be exchanged. Symmetric cryptography is based on the funda-mental assumption that the key used, which is to be kept secret, must be transmitted between the communication partners via a secure channel, since otherwise third parties with knowledge of the key can access the ciphertext. Accordingly, with the help of symmetric cryptography, the problem of secret message transmission is reduced to secret key transmission only. To get around this prob-lem, this second part of the blog series presents an introduction to the concept of asymmetric cryp-tography.

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A General View on the Developments Concerning FTX

Cryptocurrencies are once again on everyone’s lips after one of the largest trading platforms for cryptocurrencies, FTX.com, with a market valuation of $32 billion, filed for bankruptcy on November 11, 2022. The cause was a liquidity shortage at the Bahamas-based crypto exchange founded by Sam Bankman-Fried as a result of a bank run. In this blog post, we have a deeper look at the developments leading up to the crypto exchange’s insolvency.

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