Class 5 Lecture Slides: Blockchain Technology & Cryptocurrencies (PDF)
‘Even if a Thousand Projects Don’t Make It, Blockchain Is Still a Change Catalyst’ Gary Gensler, CoinDesk (December 15, 2019)
‘The technology of retail central bank digital currency’ Raphael Auer and Rainer Boehme, Bank of International Settlement (March 1, 2020)
‘Bitcoin: A Peer-to-Peer Electronic Cash System’ Satoshi Nakamoto (October 31, 2008)
‘Blockchain Technology Overview’ Dylan Yaga et al. National Institute of Standards and Technology (October 2018) (pages 1–3, & 7–28, sections 1, 3 & 4)
Study Questions / Issues to Prepare
- How does Bitcoin fit within the history of money, the emergence of the Internet and failed attempts of cryptographic payment systems?
- What are the strategic and tactical considerations in assessing the viability and value proposition of a blockchain technology project? How can you separate rigorous analysis from mere assertion and hype in the blockchain ecosystem?
- What strategic considerations should go into Central Banks thinking of expanding access to digital reserves through central bank digital currency (CBDC)?