Transacting on the Blockchain

Transacting on the Blockchain

This course is part of Blockchain Revolution Specialization

Instructors: Don Tapscott

Access provided by Cater Care

31,765 already enrolled

4 modules

Gain insight into a topic and learn the fundamentals.

924 reviews

Intermediate level

Recommended experience

Flexible schedule

2 weeks at 10 hours a week

Learn at your own pace

97%

Most learners liked this course

4 modules

Gain insight into a topic and learn the fundamentals.

924 reviews

Intermediate level

Recommended experience

Flexible schedule

2 weeks at 10 hours a week

Learn at your own pace

97%

Most learners liked this course

What you'll 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

Skills you'll gain

Details to know

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Assessments

16 assignments

Taught in English

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This course is part of the Blockchain Revolution Specialization

When you enroll in this course, you'll also be enrolled in this Specialization.

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There are 4 modules in this course

Today, large intermediaries establish trust in our economy and control the movement, storage, and allocation of money and assets. The status quo, however, is rife with inefficiencies. In this course, we’ll address the many challenges of the status quo and discuss how cryptoassets, smart contracts, new identity systems, and new financial business models can help overcome them. You’ll learn how blockchain technology empowers individuals, entrepreneurs, and businesses with the tools they need to help level the playing field and to participate in the value they create. 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.

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 nine different kinds of cryptoassets, including cryptocurrencies, protocol tokens, non-fungible tokens (NFTs), stablecoins, securities tokens, governance tokens, exchange tokens, natural asset tokens, and central bank digital currencies (CBDCs).

What's included

14 videos12 readings4 assignments2 discussion prompts

14 videos Total 84 minutes

Course Introduction 6 minutes
Instructor Introduction 8 minutes
Module 1 Overview 7 minutes
Cryptocurrencies 6 minutes
Protocol Tokens 6 minutes
Non-Fungible Tokens (NFTs) 6 minutes
Stablecoins 7 minutes
Securities Tokens 7 minutes
Governance Tokens 5 minutes
Exchange Tokens 5 minutes
Natural Asset Tokens 5 minutes
Central Bank Digital Currencies (CBDCs) 5 minutes
Module 1 Recap 5 minutes
Digital Wallets (Optional) 8 minutes

12 readings Total 125 minutes

hypothes.is 10 minutes
Cryptocurrencies 10 minutes
Protocol Tokens 10 minutes
Non-Fungible Tokens (NFTs) 10 minutes
Stablecoins 10 minutes
Securities Tokens 10 minutes
Governance Tokens 10 minutes
Exchange Tokens 10 minutes
Natural Asset Tokens 10 minutes
Central Bank Digital Currencies (CBDCs) 10 minutes
Review of Digital Assets 15 minutes
Digital Wallets (Optional) 10 minutes

4 assignments Total 60 minutes

Digital Assets 30 minutes
Cryptocurrencies, Protocol Tokens, and NFTs 10 minutes
Stablecoins, Securities Tokens, and Governance Tokens 10 minutes
Exchange Tokens, Natural Asset Tokens, and CBDCs 10 minutes

2 discussion prompts Total 20 minutes

Your Goals for This Course 10 minutes
Digital Assets 10 minutes

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.

What's included

11 videos4 readings5 assignments2 discussion prompts

11 videos Total 50 minutes

Module 2 Overview 2 minutes
What Are Smart Contracts? 6 minutes
Practitioner Perspective - Rolf Hoefer: Smart Contracts 2 minutes
Smart Contract Phases 7 minutes
Smart vs. Traditional Contracts 5 minutes
Smart Contracts and Law 7 minutes
Practitioner Perspective - Andreas Wallendahl: Smart Contracts 1 minute
Smart Contract Application Areas 10 minutes
Practitioner Perspective: Rob Carter, Executive VP and CIO, FedEx 1 minute
Smart Contract Strategies & Best Practices for the Organization 5 minutes
Recap of Module 2 2 minutes

4 readings Total 60 minutes

Smart Contracts 10 minutes
Smart vs. Traditional Contracts 15 minutes
Smart Contract Application Areas 20 minutes
Review of Smart Contracts 15 minutes

5 assignments Total 120 minutes

Smart Contracts 30 minutes
What Are Smart Contracts? 30 minutes
Smart Contract Phases 30 minutes
Smart vs. Traditional Contracts 0 minutes
Smart Contracts and Law 30 minutes

2 discussion prompts Total 20 minutes

How smart are smart contracts? 10 minutes
Leveraging Smart Contracts 10 minutes

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.

What's included

9 videos3 readings3 assignments2 discussion prompts

9 videos Total 40 minutes

Module 3 Overview 2 minutes
Introduction to Identity and Identifiers 5 minutes
Five Problems With Identifiers 8 minutes
Distributed, Self-sovereign Identity Systems 6 minutes
Practitioner Perspective - Carlos Augier: Identity 2 minutes
Blockchain Identity Applications 5 minutes
Practitioner Perspective - Stephen Tse & Li Jiang: Personal Data 1 minute
Managing Health Data on a Blockchain 7 minutes
Recap of Identity 4 minutes

3 readings Total 40 minutes

Distributed, Self-sovereign Identity Systems 20 minutes
Reinventing Healthcare on the Blockchain 10 minutes
Review of Identity 10 minutes

3 assignments Total 75 minutes

Identity 30 minutes
Identity and Identifiers 30 minutes
Identity on a Blockchain 15 minutes

2 discussion prompts Total 20 minutes

Identifiers in Your Industry 10 minutes
Managing Data with Blockchain 10 minutes

The current global financial system is riddled with inefficiencies, uneven developments and bizarre contradictions. Blockchain technology has the potential to bring about profound changes to financial services. In this module, you will learn how blockchain technology will disrupt the core functions of the financial services industry, offering individuals and organizations alike real choices in how they create and manage value.