FIN 510/MIS 510: Business Application of Blockchain Technology
Business Applications of Blockchain Technology provides students with a foundation of blockchain technology examining its applications across various disciplines such as engineering, law, and economics. Throughout the course, students will delve into diverse blockchain and distributed ledger technologies, popular cryptocurrencies such as Bitcoin and Ethereum, and the implementation and security concerns surrounding them. Students will learn how these systems work, explore the regulatory challenges associated with blockchain technology, and assess its impact on financial services and other industries. The course will also provide students with the component and structures of blockchain business networks, such as smart contracts, consensus, certificate authorities, security protocols, role of nodes, transaction processes, participants, and underlying frameworks. Furthermore, the course will examine the Bitcoin (BTC) ecosystem, Ripple (XRP), Ethereum (ETH), tokens (e.g., NFT’s), Initial Coin Offerings (ICOs), and Central Bank Digital Currencies (CBDC). Students will also gain hands-on experience, such as creating basic Blockchain contracts, enabling them to discuss the practical capabilities and limitations of blockchain technology.