Blockchain and FinTech: Basics, Applications, and Limitations

Siu Ming Yiu, HKUx

Understand the design rationale of blockchain technology, its emerging platforms and applications and uncover the limitations and the opportunities enabled by blockchain applications, particularly as it relates to finance.

Blockchain is a core technology in FinTech. The original design of blockchain focused on the cryptocurrency “Bitcoin”. Due to its specific characteristics, many companies and users now find blockchain very useful for applications in many areas, not limited to cybercurrencies, including finance, logistics, insurance, medicine and even music. However, the design of blockchain involves cryptographic technology, which cannot be easily understood by those who are not professionals in the area of IT and security.

In order to better understand what kinds of applications best fit blockchain and other forms of distributed ledger technology and the potentials of these emerging technologies, it is important to understand the design rationale, the basic technology, the underlying cryptographic fundamentals, and its limitations. This 6-week online course will walk you through the following:
  • The design rationale behind blockchain and the issues for such decentralized ledger (transaction) systems.
  • The underlying technology (e.g. how the fundamental algorithms – the cryptographic primitives – work together) behind and how it makes blockchain works and safe.
  • The differences of the various existing blockchain platforms and what these platforms can provide (e.g. pros and cons of the major platforms).
  • What kinds of applications (both traditional and emerging) best fit the blockchain technology and how blockchain technology can benefit these applications.
  • Blockchain does have its limitations. We will uncover the problems and the limitations of blockchain technology to enable developers and researchers to think about how to enhance the existing blockchain technology and practitioners to better address the issues when using blockchains in their applications.
  • This course will also briefly discuss the downside of blockchain with respect to the protection of criminal activities (e.g. why ransomware always ask for bitcoins as ransom, and the money laundering problem).
The course aims at targeting a wide audience: This course will provide learners a good understanding of the technological, applicability, limitations and “illegal” usage of the blockchain technology.

What will you learn

  • Understand the design rationale behind the blockchain technology.
  • Understand the technological and cryptographic components of a blockchain.
  • Understand the variations and differences of existing major blockchain platforms.
  • Understand what types of applications best fit the characteristics of blockchain.
  • Understand the limitations and outstanding issues of existing blockchain technology.
  • Understand the negative impacts of, in particular, criminal activities in the context of blockchain.

Dates:
  • 27 August 2019
Course properties:
  • Free:
  • Paid:
  • Certificate:
  • MOOC:
  • Video:
  • Audio:
  • Email-course:
  • Language: English Gb

Reviews

No reviews yet. Want to be the first?

Register to leave a review

Show?id=n3eliycplgk&bids=695438
NVIDIA
More from 'Computer Science':
Logo2 Network Science
The course is an interdisciplinary course, focused on the emerging science of...
1428ed1b-d1c4-4a23-9b8c-cb9b858bfecb-5f51c56867fe.small Electric and Conventional Vehicles
Learn how electric and conventional powertrains work and methods to analyse...
7f8faedf-7411-4a57-aaf4-4b143667e297-5607e578b870.small Hybrid Vehicles
Learn to design hybrid powertrains which meet the needs of modern vehicles,...
315ce06a-d9f7-4c7e-ac11-1fe99e20893e-ff14684c60b3.small CS50 for Lawyers
This course is a variant of Harvard University's introduction to computer science...
E84f731a-6611-4d90-9317-3a32bfd49ccd-6c5936414163.small Artificial Intelligence (AI)
Learn the fundamentals of Artificial Intelligence (AI), and apply them. Design...
More from 'edX':
85efb1e5-3a5f-4208-9557-d49de63f8bf3-39d725eeb085.small Thinking & Acting like an Entrepreneur
Discover the entrepreneur inside of you – learn what it takes to turn...
7d43a19b-19fe-49d1-91bd-292d9af31680-696f48418973.small Project Management of Engineering Projects: Preparing for Success
Create your own project plan and learn the importance of the early project phases...
9f0c024a-13b5-4ccc-9de6-2558e0db592f-4515b45a6918.small u.lab: Leading From the Emerging Future
An introduction to leading profound social, environmental and personal transformation...
1428ed1b-d1c4-4a23-9b8c-cb9b858bfecb-5f51c56867fe.small Electric and Conventional Vehicles
Learn how electric and conventional powertrains work and methods to analyse...
7f8faedf-7411-4a57-aaf4-4b143667e297-5607e578b870.small Hybrid Vehicles
Learn to design hybrid powertrains which meet the needs of modern vehicles,...

© 2013-2019