Introduction to Blockchain for Financial Services

  • 4.7
Approx. 29 hours to complete

Course Summary

This course provides an introduction to blockchain technology and its applications in the financial services industry. It covers key topics such as distributed ledgers, smart contracts, and cryptocurrency.

Key Learning Points

  • Understand the fundamentals of blockchain technology
  • Explore blockchain applications in financial services
  • Learn about distributed ledgers, smart contracts, and cryptocurrency

Related Topics for further study


Learning Outcomes

  • Understand the basics of blockchain technology and its key concepts
  • Identify the potential applications of blockchain in financial services
  • Become familiar with smart contracts, distributed ledgers, and cryptocurrency

Prerequisites or good to have knowledge before taking this course

  • Basic knowledge of financial services
  • Basic understanding of computer science concepts

Course Difficulty Level

Intermediate

Course Format

  • Online
  • Self-paced
  • Video lectures
  • Assignments

Similar Courses

  • Blockchain Basics
  • Blockchain Technology Fundamentals

Related Education Paths


Notable People in This Field

  • Andreas Antonopoulos
  • Vitalik Buterin

Related Books

Description

In this first course of the specialization, we will discuss the limitations of the Internet for business and economic activity, and explain how blockchain technology represents the way forward. After completing this course, you will be able to explain what blockchain is, how it works, and why it is revolutionary. You will learn key concepts such as mining, hashing, proof-of-work, public key cryptography, and the double-spend problem. You’ll be able to describe seven design principles for blockchain technology, and the challenges facing the people developing it. You’ll also meet the players in the blockchain ecosystem, and consider your own role in stewarding the blockchain revolution.

Knowledge

  • The limitations of the Internet for business and economic activity, and how trust is established in a pre- and post-blockchain world
  • Terms such as miner, hash, nonce, proof-of-work, and public key cryptography, as well as the steps of a blockchain transaction
  • Seven design principles for blockchain technology
  • Ten challenges associated with implementing blockchain technology

Outline

  • The Second Era of the Internet
  • Specialization Overview
  • Peter Zemsky Welcomes you to the Specialization
  • Course Introduction
  • Instructor Introduction
  • Module 1 Overview
  • The Internet of Information
  • In Search of the Trust Protocol
  • What is Blockchain?
  • Practitioner Perspective: Andreas Wallendahl, Head of Strategic Initiatives at ConsenSys
  • Practitioner Perspective: Rob Carter, CIO at FedEx
  • Practitioner Perspective: Massimo Morini, Head of Interest Rate & Credit Models, Banca IMI
  • Achieving Trust in the Digital Age
  • How Blockchain Works
  • Recap of Module 1
  • hypothes.is
  • The Internet of Information
  • In Search of the Trust Protocol
  • What is Blockchain?
  • Achieving Trust in the Digital Age
  • How Blockchain Works
  • Blockchain Demo
  • Review of Module 1
  • The Internet of Information
  • In Search of the Trust Protocol / What is Blockchain
  • Achieving Trust in the Digital Age
  • How Blockchain Works
  • The Second Era of the Internet
  • Steps of a Blockchain Transaction
  • Blockchain Design Principles
  • Module 2 Overview
  • Intro to Blockchain Design Principles
  • Principle 1: Networked Integrity
  • Principle 2: Distributed Power
  • Practitioner Perspective: Rob Carter, CIO at FedEx
  • Principle 3: Value as Incentive
  • Principle 4: Security
  • Principle 5: Privacy
  • Principle 6: Rights Preserved
  • Principle 7: Inclusion
  • Practitioner Perspective: Julie Maupin, Director of Social Impact & Regulatory Affairs at IOTA Foundation
  • Recap of Module 2
  • Principle 1: Networked Integrity
  • Principle 2: Distributed Power
  • Principle 3: Value as Incentive
  • Principle 4: Security
  • Principle 5: Privacy
  • Principle 6: Rights Preserved
  • Principle 7: Inclusion
  • Review of Module 2
  • Principle 1: Networked Integrity
  • Principle 2: Distributed Power
  • Principle 4: Security
  • Privacy, Rights, and Inclusion
  • Blockchain Design Principles
  • Public and Private Ledgers
  • Module 3 Overview
  • The Benefits of Shared Knowledge
  • How Much is Too Much Transparency
  • Centralized Registries vs. Distributed Ledgers
  • Public vs. Private Ledgers
  • Practitioner Perspective: Rolf Hoefer, Keyless Technologies
  • Practitioner Perspective: Andreas Wallendahl, Head of Strategic Initiatives at ConsenSys
  • Transparency as a Strategic Risk
  • Transparency as a Strategic Asset
  • Usage of Multiple IDs
  • Zero Knowledge Proofs
  • Implementation in Public vs. Private Blockchains
  • Recap of Module 3
  • Intro to Transparency
  • Public vs. Private Ledgers
  • Approaches to Privacy in Blockchains
  • Review of Module 3
  • Intro to Transparency
  • Public vs. Private Ledgers
  • Transparency as a Risk and Asset
  • Approaches to Privacy in Blockchains
  • Public and Private Ledgers
  • The Blockchain Ecosystem
  • Module 4 Overview
  • Intro to the Blockchain Ecosystem
  • Blockchain Stakeholders Part 1
  • Practitioner Perspective: Rob Carter, CIO at FedEx
  • Blockchain Stakeholders Part 2
  • Blockchain Stakeholders Part 3
  • Practitioner Perspective: Oleg Fomenko, Co-founder of Sweatcoin
  • Stewarding the Blockchain Revolution
  • Blockchain Stakeholders
  • Stewarding the Blockchain Revolution
  • Blockchain Stakeholders Part 1
  • Blockchain Stakeholders Part 2
  • Blockchain Stakeholders Part 3
  • The Blockchain Ecosystem
  • Blockchain Implementation Challenges
  • Module 5 Overview
  • Overcoming Showstoppers
  • Challenge 1: The Technology is Not Ready for Prime Time
  • Challenge 2: The Energy Consumed is Unsustainable
  • Challenge 3: Governments Will Stifle or Twist It
  • Practitioner Perspective: Oleg Fomenko, Co-Founder at Sweatcoin
  • Practitioner Perspective: Will Harborne, Director of Operations at Ethfinex
  • Challenge 4: Powerful Incumbents of the Old Paradigm Will Usurp It
  • Challenge 5: The Incentives are Inadequate
  • Challenge 6: Blockchain is a Job Killer
  • Practitioner Perspective: Soumak Chatterjee, Partner, Deloitte Canada
  • Challenge 7: Governing the Protocols
  • Practitioner Perspective: Rob Carter, CIO at FedEx
  • Challenge 8: Distributed Autonomous Agents
  • Challenge 9: Privacy
  • Challenge 10: Criminals Will Use It
  • Reasons Blockchain Will Fail or Implementation Challenges?
  • Course Wrap-up
  • The Technology is Not Ready For Prime Time
  • The Energy Consumed is Unsustainable
  • Governments Will Stifle or Twist It
  • Powerful Incumbents of the Old Paradigm Will Usurp It
  • The Incentives are Inadequate
  • Blockchain is a Job Killer
  • Governing the Protocols
  • Distributed Autonomous Agents
  • Privacy
  • Criminals Will Use It
  • Blockchain Implementation Challenges
  • The Technology is Not Ready For Prime Time
  • Governments Will Stifle or Twist It
  • Powerful Incumbents of the Old Paradigm Will Usurp It
  • The Incentives are Inadequate
  • Blockchain is a Job Killer
  • Governing the Protocols
  • Distributed Autonomous Agents
  • Privacy
  • Criminals Will Use It
  • Blockchain Implementation Challenges

Summary of User Reviews

The Intro to Blockchain in Financial Services course on Coursera has received positive reviews for its comprehensive curriculum and knowledgeable instructors. Many users appreciated the practical applications of blockchain technology taught in the course.

Key Aspect Users Liked About This Course

The practical applications of blockchain technology taught in the course.

Pros from User Reviews

  • Comprehensive curriculum
  • Knowledgeable instructors
  • Practical applications of blockchain technology taught
  • Real-world case studies provided
  • Engaging and interactive course material

Cons from User Reviews

  • Course material can be dry at times
  • Some sections may be too technical for beginners
  • Limited hands-on experience with blockchain technology
  • Course videos can be lengthy
  • Course may not be suitable for those without a background in finance or technology
English
Available now
Approx. 29 hours to complete
Don Tapscott, Alex Tapscott
INSEAD
Coursera

Instructor

Don Tapscott

  • 4.7 Raiting
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