Blockchain An Overview
What you'll learn
- Understand how Blockchain will affect your industry, business or technology.
- You will be able to explain what the blockchain is to others and how it may affect the world in the coming years
- A basic knowledge of economics and web technologies
The Blockchain is a term that has come to mean many things to many people. For developers, it is a set of protocols and encryption technologies for securely storing data on a distributed network. For business and finance, it is a distributed ledger and the technology underlying the explosion of new digital currencies. For technologists, it is the driving force behind the next generation of the internet. For others, it is a tool for radically reshaping society and economy taking us into a more decentralized world.
Whichever way you look at it, blockchain has become a term that captures the imagination and fascinates many, as the implications of such technology are truly profound. For the first time in human history, people anywhere can trust each other and transact within large peer-to-peer networks without centralized management. Trust is established, not by centralized institutions, but by protocols, cryptography and computer code. This greatly strengthens our capacity for collaboration and cooperation between organizations and individuals within peer networks, enabling us to potentially form global networks of collaboration without centralized formal institutions; unprecedented but hugely relevant in an age of globalization and a new set of 21st-century challenges that require mass collaboration.
The blockchain is a complex technological, economic and social phenomenon. It calls into question what might have seemed to be established parameters of the modern world like currency, economics, trust, value, and exchange. To make sense of this one needs to understand it in a holistic context all the way from its technicalities to its aspirational potential, this course is designed to do exactly that, by giving an 360 degree overview to the different dimensions of the technology, its potential application within various industries and its far-reaching implications for society and economy.
In the first section of the course we give an overview to the blockchain both on a technical and nontechnical level we also discuss the importance of the blockchain within the context of the emerging next generation internet. In the second section we talk about the blockchain as a so call "trust machine" and how it enables transparency and collaboration, we will look at distributed ledger technology, talking about smart contracts, Ethereum, and decentralized applications. In the third section, we introduce you to the workings of token economies illustrating how the blockchain and distributed ledgers can work to build vibrant ecosystems through the use of tokens to incentivize behavior. In the last section of the course, we will be looking at specific applications of the blockchain to economy, society, technology, and environment, looking at both existing practical applications and potential future applications.
The blockchain is a so called emerging technology that is currently experiencing very rapid evolution, within the space of just two or three years it has already gone through changes in its technical implementation and our understanding of what it is and can be, have already changed significantly in just this brief time. As such our aim is to future proof this course by not dwelling excessively on existing technical implementations but presenting more a conceptual understanding of the blockchain within the broader process of change of the emerging next generation internet.
The blockchain is much more than a technology it is also a culture and community that is passionate about creating a more equitable world through decentralization, it is a movement to disrupt the disruptors, to redesign the internet and in so doing shake up existing centralized incumbents. Throughout the course, we will introduce you to this culture and its aspirations.
The course is non-technical in nature, it is an introductory course and thus all terms will be explained it should be accessible to anyone with a basic understanding of web technologies and economics.
Who this course is for:
- Anyone who wants to learn about the blockchain and its implications for society and economy
Systems Innovation is an online platform dedicated to the area of complex systems and systems change, our mission is to take the world of complexity and make it accessible to all. Systems and complex can be intimidating subjects with many sophisticated concepts, this is why we believe it is important to always start with the most essential, simplest elements of a subject making sure that students come away with a solid understanding of the core concepts behind each area. As Einstein said "Make everything as simple as possible, but not simpler"
Courses are curated and presented by Joss Colchester. Joss has extensive experience within the domain of complex systems both within academic research(mathematical modeling of complex system + network analysis) and has many years of practical systems engineering experience(designing and developing complex web-based information systems). He has a passion for taking abstract and complex concepts and making them concrete and accessible to as broad an audience as possible by combining clear and effective graphics with well-structured course content.