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