Terzic

This work explores solutions for efficient large-scale pension administration, examining historical and current roles of pensions and their interaction with society amid a 21st-century crisis driven by demographic change and technological stagnation. Pensioners, governments, regulators, and administrators face growing challenges that risk deepening societal imbalances.

Through field research, single-/multi-country case studies, a practical example and expert insights, this work makes a compelling case for distributed ledger technology (DLT) as a scalable, efficient solution. It contrasts DLT with alternatives like cloud technology and draws on Socio-Technical and Structuration Theory to reveal broader societal and structural benefits. While promising, DLT’s adoption is tempered by regulatory hurdles, its experimental nature, and institutional conservatism.

Berin Terzic has a decade of experience in Global Business Services, specializing in M&A, HR, and Business Development. He focuses on strategy, innovation, and aligning emerging technologies with major business initiatives. He has been active in blockchain for over a decade.

Nick King has over 20 years of experience in asset management, specializing in Exchange Traded Products (ETPs). He has led the design and launch of Exchange Traded Funds (ETFs) and ETPs across traditional asset classes and cryptocurrencies.

Berin Terzic and Nick King both hold an M.Sc. in Blockchain & Digital Assets from the Frankfurt School of Finance & Management.