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.
How Much is Too Much Transparency
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Reviews
JM
May 30, 2019
Just the right level of detail and depth.....received what I expected out of it. Feel confident in my ability to take this knowledge and apply in my work.
LL
Jul 15, 2019
Excellent course. I was able to obtain a great understanding of blockchain and I was provided with some excellent resources to continue my learning.
From the lesson
Public and Private Ledgers
The advent of blockchain technology forces us to reconsider the upside and downside of public revelation of transactions and contracts. The implementation, application, and possible regulation of distributed ledgers involve choices that will critically affect information disclosure and economic interactions. Whether the ledger is public and permissionless, such as the Bitcoin or Ethereum blockchains, or private and permissioned, such as the Ripple or Hyperledger implementations, in principle transactions on a blockchain have a high native level of transparency. In this module, you will learn how privacy can can be protected in both public and private ledgers using both procedural and technological methods.
Taught By
Don Tapscott
Adjunct Professor