Federal Ministry of Economics and Climate Protection’s Centre of Competence for Cultural and Creative Industries
2022
u-institut
Blockchains open new perspectives for the cultural and creative industry. Blockchains are programmable systems that enable digital property to be owned and traded transparently in a peer-to-peer manner without the engagement of trust-building third parties.
The cultural and creative industry is well known for its rapid adaptation of new technologies. In arts, trading digital art with non-fungible tokens (NFTs) gains increasing popularity. In fashion, brands experiment with innovative marketing approaches by tokenising clothing and design. In film, blockchains are utilized for fundraising. And in music, a new form of label emerges, organized as DAOs.
Our publication “Blockchain in the Cultural and Creative Industry – Opportunities for New Business Models” offers an overview of the leading narratives and mental models on blockchain and Web3 in the cultural and creative sphere. Using real world examples, it illustrates how artists and creatives are experimenting and implementing ideas and business models in creative ventures. The methodology at hand is based on an extensive analysis of relevant literature.
We identify four areas where blockchain and Web3 could benefit the cultural and creative industry in the long run:
The dossier (kreativ-bund.de, PDF in German)
More about our work (in German)
Project team: Dr Olaf Arndt, Roman Bartuli, Bianca Creutz, Kathleen Freitag, Christina Schenten
Latest update: 31.08.2022
The current global economic order is faltering. What does this mean for Germany and the EU? We have developed various scenarios for the future global economy for the vbw.
The EU Commission commissioned Prognos, Idea Consult and the nova-Institute to research and promote the transition to a bioeconomy in the European Union.
What impact do global crises have on regional labour markets? The 15th issue of TerritoriALL magazine reports on the OVERLAP project carried out by Prognos.
The Single Market Programme promotes the EU internal market in order to strengthen it, standardise it and make it more competitive. Prognos was involved in the mid-term evaluation of the programme.
Prognos is supporting the North Rhine-Westphalian Ministry of the Environment in organising, implementing and establishing the world's first trade exhibition for the climate adaptation industry.
The Public Sector Loan Facility is an EU financial instrument to ensure a socially just transition to climate neutrality in the regions. Prognos and t33 srl evaluated the instrument.
German industry is heavily dependent on raw materials and intermediate products from abroad, especially from China. Prognos analysed supply chains and developed recommendations for action.
How can innovations be implemented in practice? This is where the BMBF's ‘Innovative University’ funding initiative comes in. Prognos and Fraunhofer ISI are evaluating the programme.
On behalf of the BMWK, we evaluate the impact of the BEG in the funding period 2021 – 2025 together with ifeu, ITG, and FIW.
Specialists waste a lot of time on tiresome routine tasks. 3D planning tools or digital twins can help. Our analysis for the Fraunhofer IGD shows which professional groups benefit directly from their digital technologies.
Prognos is one of the oldest economic research centres in Europe. Founded at the University of Basel, Prognos experts have been conducting research for a wide range of clients from the public and private sectors since 1959 – politically independent, scientifically sound.