Course Description: 

The application of economic principles to provide a

comprehensive overview of blockchain technology and

cryptocurrencies. Topics considered include the basics of

bitcoin and blockchain technology, a taxonomy of

cryptoassets, valuation framework for cryptoassets,

tokens as micropayments, governance issues, and the

democratization of entrepreneurship and innovation

through digital tokens.

Course Objective: 

Compare and contrast bitcoin as a store of value and

means of exchange with fiat money, gold, and

alternative cryptocurrencies. Explain the major financial products associated with

DeFi or decentralized finance and compare defi

markets with traditional financial markets. Explain the major governance challenges facing crypto products. Discuss the benefits and costs of Blockchain

technology.Explain whether blockchain technology and tokens

open possibilities for the democratization of

entrepreneurship and innovation.