FIN 620 - Foundations of Block Chain and Applications in Finance

Since 2008, a new asset class has been created through blockchain with wide reaching implications. In this course, we will examine the underlying technology of blockchain, different types of cryptocurrencies, and how digital assets impact finance. To do so, we will go through a few steps, including a simulated exercise of investing in cryptocurrencies. Throughout the semester, you will be asked to manage a simulated cryptocurrency portfolio and update it, at least, once a week. We will review the performance of your crypto portfolio and, at the end of the semester, assess your gains/losses. This will offer a unique experience in the different types of digital assets, custody solutions for private and public keys, and the volatility of the crypto markets. Furthermore, you will learn about blockchain’s pseudo-anonymity, Decentralized Finance (DeFi), Centralized Finance (CeFi), Decentralized Autonomous Organizations (DAO), different types of tokens (i.e. Non-Fungible Tokens), Decentralized Exchanges (DEX), Centralized Exchanges (CEX), Proof of Work (PoW), Proof of Stake (PoS), regulations around blockchain, and the metaverse. Each of these applications have an impact on traditional finance and we will compare the risks and benefits.

Credits: 3