Decentralized Finance — A Systematic Literature Review and Research Directions

Download the full paper here as PDF-file (19 pages).


The study contains 19 pages and can be downloaded here (795 KB, direct link to PDF).

  • Blockchain knowledge: We wrote a Medium article on how to acquire the necessary blockchain knowledge within a workload of 10 working days.
  • Our two blockchain books: We have edited two books on how blockchain will change our society (Amazon link) in general and everything related to finance (Amazon link) in particular. Both books are available in print and for Kindle — currently in German and soon in English. The authors have been more than 20 well-known blockchain experts in startups, corporations and the government from Germany, Austria, Switzerland and Liechtenstein — all contributing their expertise to these two books.
Our two books: the first one on blockchain and the society and the second one on blockchain and finance


Eva Meyer currently pursues her PhD studies at the Technical University of Munich in cooperation with the Frankfurt School Blockchain Center. Her academic interests lie in the fields of DeFi and Crypto Asset-pricing as well as STOs, NFTs, Blockchain for ESG, and Blockchain/DeFi applications in the Metaverse. Next to her academic work, she is a mentor at the DLT Talents program after participating in the first batch herself. Further, since 2018, she is a strategy consultant at the Boston Consulting Group (BCG), focusing on digitization and strategy topics primarily in the Banking and Insurance industries. You can contact her via mail ( or via LinkedIn (



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Philipp Sandner

Philipp Sandner


Professor | Lecturer | Author | Investor | Frankfurt School Blockchain Center