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Florentina Soiman

Defense

7, December 2022

Saint-Martin-d'Hères - University Campus

Risk-Return Relationship: The Case of Blockchain Technology and the Cryptocurrency Market

Composition of the Jury

Sonia JIMENEZ-GARCES Université Grenoble Alpes Thesis Advisor
Jean-Guillaume DUMAS Université Grenoble Alpes Thesis Co-Advisor
Iryna VERYZHENKO CNAM Paris Rapporteur
William KNOTTENBELT Imperial College London Rapporteur
Pascal LAFOURCADE Clermont Auvergne University Examiner
Geoffroy ENJOLRAS Université Grenoble Alpes Examiner

 

Abstract

This thesis focuses on the risk-return relationship. It aims to uncover the determinants of financial returns in the cryptocurrency market. More specifically, we begin by examining the unique risks faced by blockchain-based assets (e.g., cryptographic attacks, smart contract attacks, and other technological vulnerabilities), risks that could be the source of the market's inherent volatility. To further explore blockchain-specific risks, this thesis also includes an analysis of the impact of technological events on the financial characteristics of crypto-assets. Furthermore, it outlines the diversity of crypto-assets and their implications for asset valuation.

Read the thesis

Date

7, December 2022
Date Update

9h

Location

Saint-Martin-d'Hères - University Campus

Additional Location Information

IMAG - Amphitheater

700 Central Avenue

Published on 3, July 2023

Updated on 3 July 2023