Assets-as-a-Service: Using the Digital Euro for Industrial Use Cases

Panel discussion hosted by FS Blockchain Center on "Assets-as-a-Service: Using the Digital Euro for Industrial Use Cases"

REGISTRATION

About this event

Asset-as-a-Service (AaaS) business models are becoming more and more popular across multiple industry sectors. Changed user needs plus available IoT data force this transformation. Users no longer buy the asset e.g., a jet engine or a machine, but pay for the benefit, hence pay-per-use models are the consequence. Since data is the basis for calculating actual usage and current asset value in AaaS models, sensors subsequently collect and process them in the network. Besides these technical aspects, essential factors for scaling AaaS models include automated billing, invoicing, and payment, as well as the integration with existing enterprise resource planning systems. Moreover, AaaS models would benefit enormously from a digital euro because it could synchronize asynchronous business processes through real-time payment processing. The programmability of a digital euro could render recurring administrative tasks (e.g., manual money transfers) and settlements via third-party intermediaries obsolete, ensuring a slimmer bottom line.

The flipside is an increased interaction of individual market participants in the AaaS environment and a higher degree of complexity to manage. This affects the equipment manufacturer, the user, and investors, such as financial institutions that traditionally provide loans or leasing models. The question that arises is: which of the parties involved own the assets, receive cash flows from their use, and bear utilization risks? The answer is closely linked to financing design, which can be structured differently depending on the business model, preferences, and type of asset. We will describe various options and explain the benefits and risks for everyone involved.

We will elaborate on questions such as:

  • What are the benefits for manufacturers providing AaaS?
  • What are the advantages for users/customers with AaaS?
  • What are the options for refinancing the asset?
  • Which new business models can be enabled for asset manufacturers and financial service providers through AaaS business models?
  • Why is a digital euro relevant to industry applications?

You will also have the opportunity to ask questions directly to the speakers.

Participants of the online panel

  • Prof. Dr. Philipp Sandner, Frankfurt School Blockchain Center (Moderator)
  • Maximilian Forster , CashOnLedger (tbc)
  • Florian Forst, Arthur D. Little (tbc)
  • Anne-Sophie Gógl, Bundesdruckerei (tbc)
  • Tobias Tenner, Association of German Banks (tbc)

Location and Date

Location: Online. Details for the live broadcast will be sent to you on the day of the event (no prior software installation is required).

Date: June 22, 2022

Time: 14:00 - 15:00 (CEST)

Language: English

Agenda

14:00 - Welcome and introductory words (Prof. Dr. Philipp Sandner, Frankfurt School Blockchain Center)

14:05 - Introduction of the speakers (Prof. Dr. Philipp Sandner, Frankfurt School Blockchain Center)

14:10 - Start of the panel discussion: "Assets-as-a-Service: Using the Digital Euro for Industrial Use Cases"

15:00 - End of online panel

Tickets and registration

Required via Eventbrite; you will receive the URL for the live stream in advance.

Registration closes half an hour before the start of the event.

Who should participate?

  • Employees and decision-makers from the financial sector interested in blockchain technology
  • Decision-makers and employees from the financial and capital market industry who are affected by the introduction of a digital Euro
  • Lawyers and consultants with a focus on capital market law and digitization
  • Decision-makers and employees from the financial and capital market industry who are affected by the regulation of the crypto market
  • Journalists from the economics and technology department
  • Other groups of people with an interest in capital markets, crypto assets, technology, and digitization
  • Employees of startups with digital business models

 

Contact

Frankfurt School Blockchain Center

E-Mail: team@fs-blockchain.de

Phone: +49 69 154 008-790

Web: www.fs-blockchain.de

About the Frankfurt School Blockchain Center

The Frankfurt School Blockchain Center (FSBC) is a think tank and research center primarily focusing on the implications of blockchain technology for companies and businesses. In addition to the development of blockchain prototypes, the center offers a platform for the exchange of knowledge and thought for decision-makers and startups as well as technology and industry experts. The FSBC sets new research impulses and develops education programs for students and executives. The center concentrates primarily on the areas of banking, energy, mobility, and the manufacturing industry.