Master's Thesis: Resilient Payment Infrastructure with Central Bank Digital Currency (CBDC)

Date: 10 Nov 2026

Location: Munich, DE

Company: Giesecke+Devrient

Your thesis

Central Bank Digital Currency (CBDC) is a digital form of central bank money that can enable secure digital payments. At Giesecke+Devrient, we are exploring how CBDC technology can help strengthen the resilience of public infrastructure.

Your Master’s Thesis will address the research question:

How can CBDC-based payment solutions strengthen the resilience of public infrastructure?

You will identify potential use cases, select one promising scenario, develop a proof of concept and evaluate its performance under challenging connectivity conditions.

The thesis will be conducted jointly with the Chair of Network Architectures and Services at TUM.

 

Your tasks:

  • Analyze current CBDC initiatives, including the digital euro
  • Identify resilience-related challenges in today’s payment ecosystem
  • Explore and evaluate CBDC use cases for public infrastructure
  • Select one use case and develop a proof of concept
  • Test the solution under unavailable, slow or intermittent network connectivity
  • Analyze and document your findings

Your qualifications:

  • Enrolled in a Master’s program in Computer Science or a related field at TUM
  • Good programming skills
  • Basic knowledge of cryptography and IT security
  • Interest in digital currencies, payment technology and resilient systems
  • Independent and analytical working style
  • Knowledge of advanced cryptography, such as zero-knowledge proofs, is a plus

Your benefits:

  • Work on a highly relevant and emerging technology
  • Turn your research into a real-world prototype
  • Benefit from joint supervision by experts from G+D and TUM
  • Gain insights into real-world CBDC development

$$ We are an equal opportunity employer! We promote diversity in all its forms and create an inclusive work environment, free from prejudice, discrimination and harassment, in which all employees feel a sense of belonging. We warmly welcome all applications regardless of gender, age, race or ethnic origin, social and cultural background, religion, disability and sexual orientation. 

 $$ Antonia Kratzl $$ antonia.kratzl@gi-de.com $$ $$ $$ https://career5.successfactors.eu/career?company=gieseckede&career_job_req_id=27994&career_ns=job_application