Blockchain, Cryptoassets, and Decentralized Finance (Coursera)

By the end of this course, you’ll learn how and why transacting on the blockchain can help us bring about a future that is faster, fairer, and more distributed than the world we inhabit today.

What You Will Learn

- Describe seven types of cryptoassets, and explain what it means to “tokenize” an asset

- Explain what a smart contract is, as well as various applications of smart contracts

- Explore the features of a distributed, self-sovereign identity system

- Describe eight core functions of the financial services industry and explain how blockchain will disrupt each of these functions

Course 2 of 4 in the Blockchain Revolution in Financial Services Specialization.

Syllabus

WEEK 1

Cryptoassets

Blockchain is the first native digital medium for value. Consequently, we are witnessing one of the largest transformations of wealth in human history—from paper-based analog assets to digital ones. In this module, students will learn about seven different kinds of cryptoassets, including cryptocurrencies, protocol tokens, utility tokens, securities tokens, natural asset tokens, crypto collectibles, crypto-fiat currencies, and stablecoins.

WEEK 2

Smart Contracts

In this module, you will learn what smart contracts are and how they work. We will discuss how blockchain-based smart contracts can enable individuals and organizations to reduce transaction costs, minimize the need for third-party intermediaries, and improve productivity, security, and privacy.

WEEK 3

Identity

Accessing large, centralized systems such as email, health insurance, or a bank account requires the provision of various identifiers—for example, government-issued ID cards, self-selected passwords, or biometric data. However, identifier-based systems are problematic—both administratively and philosophically. In this module you will learn about five problems with identifier-based systems and explain how a distributed self-sovereign identity system, deployed on the blockchain, can resolve many of these issues.

WEEK 4

DApps and Distributed Business Models

There are countless opportunities for blockchain to disrupt or displace traditional centralized business models. In this module, we explore how blockchain technology can support “open networked enterprise” business models through the inclusion of native payment systems, reputation systems, uncensorable content, trustless transactions, smart contracts, and autonomous agents.