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

More from 'Economics & Finance':
Da69532c-5be2-476d-81d1-72fd9f898c6a-dc624c8957b0.small The Future of Work: Preparing for Disruption
Only MOOC to explore the 2019 World Development Report (WDR) and workforce of...
1f9967eb-2cc9-48b3-92af-626412b60c36-9cb04acd5fd5.small Applied Entrepreneurship 2: Acceleration Plan Development and Evaluation
This course guides you through a step-by-step process to create an acceleration...
A086516d-a287-4d49-8af7-b8b1ecb5dd33-5e6127dca623.small AP® Microeconomics
An overview of introductory microeconomics. Learn the key principles of economics...
88a382e8-ac7d-4b74-a8e3-75241b52b954-23d531abd22d.small Environmental Pollution Events and Emergency Response Introduction
In this course, we will discuss and analyze major environmental pollution incidents...
89acbbbf-17fc-4648-ab97-52e6b906fcac-3d447817ab41.small Principles and Practices of Islamic Insurance
Learn about principles and practices of Islamic Insurance and Takaful. This...
More from 'edX':
C9d14131-a515-462b-82e2-6eaec5bc1c17-f7c5de2ca2ae.small Using Python for Research
Take your introductory knowledge of Python programming to the next level and...
3b15de0f-832c-4474-b9c8-1fd1b398d372-d0b00b9d9f77.small Customer-Centric Innovation
Learn to take on competition by creating successful and innovative ideas for...
80c64585-3fd5-4e91-adbb-8803004c0ef9-978583c079bc.small Drawing Nature, Science and Culture: Natural History Illustration 101
Learn how to see and draw nature like an illustrator. Build observational and...
A3e17192-cf3f-4782-9aab-2206b0dc2c90-7202ea5d5042.small Business Considerations for 5G, IoT and AI
Learn how networks are being redefined to support a 5G world and what is required...
15a61909-e84e-4acb-992c-6712dccfc9ae-b70f48a3498f.small Open Source and the 5G Transition
Open source software and standards are driving the transition to 5G, AI and...

© 2013-2019