Digital Economy and Decision Analytics (DEDA): Blockchain and cryptocurrency seminar
Course Description
The evolution from analogue to digital technologies continues to dominate the attention of decision makers today. Many tools in industrial production processes have been automated or replaced by highly complex mechanisms with pre-programmed decision-making. The change to digital modes of operations increasingly determines the lives of individuals and does so in increasingly unexpected ways.
The students get insight into the area of modern internet based Computational Statistics Methods. Practically relevant knowledge on methods, data forms and Gestalt will be trained. The use of GITHUB and network techniques will be taught and transferred into www.quantlet.de . Direct computer oriented knowledge and possibilities of empirical research will be shown. The course may be televised to NUS, Singapore.
In 2008, the pseudonymous “Satoshi Nakamoto” posted a white paper describing an im- plementation of a digital currency called bitcoin using blockchain technology. More than 10 years later, there are hundreds of cryptocurrencies and innumerable other applications of blockchain technology. Some of those applications contain respectively use cases are:
- Indiegogo is tokenizing real estate shares
- South Korea is testing E-Voting on the blockchain
- Walmart requires selected suppliers to use blockchain in order to track sources of food illness
- One of Andy Warhols paintings was tokenized and sold on the blockchain
- BlackBerry is working on a network to support blockchain solutions for patient data
- Russia tests a blockchain-based solution for land registry
- The South Korean government is working on a blockchain-based power supply system
- Lendoit runs a blockchain-based P2P-Lending platform
The lectures take place Tuesdays from 9:00-12:00, Dorotheenstr. 1, Room 005; if not otherwise stated.
Prerequisites
Please note, that the following prerequisites are mandatory in order to participate in the seminar:
- iCloud Account
- Keynote
- Working Laptop (MacBooks prefered)
Those prerequisites are mandatory due to the fact that each student has to work on a project (The project needs to be discussed in advance with the course supervisors in order to check for feasibility) in order to complete the course.
Course Learning Objectives
The students get insights into the area of one of the most demanded digital technology. Practically relevant knowledge on methods and technologies will be trained. The use of GITHUB and network techniques will be taught and transferred into www.quantlet.de . Direct computer oriented knowledge and possibilities of empirical research will be shown. The course is televised to NUS, Singapore. Together with the Dept STAT of NUS we present extremely practical examples from finance, neuro economics and network analysis.
Topics/Learnings objective we will discuss/takle during this course are for example:
- Understanding the Blockchain Economy
- Learn essential programming languages such as Python
- create your own content in regards to Blockchain Applications, see shared numbers file: https://www.icloud.com/numbers/BCS_SS19
- How many blockchain-based Cryptocurrencies have been created and vanished already? Reasons for them vanishing
- How to develop a blockchain
- Several Blockchain Statistics, like how long does it take to create a block
Course Structure
Every participant of the course has to work on a project in order to complete the course. Possible projects might be discussed in advance with the course supervisors in order to check for feasibility. Therefore, each participant has to think of a project he would like to work on. Please bring your Laptop (MacBooks prefered) to the event.
Topics we will discuss during this course are for example:
- How many blockchain-based Cryptocurrencies have been created and vanished already? Reasons for them vanishing
- How to develop a blockchain
- Several Blockchain Statistics, like how long does it take to create a block
Feel free to search through Quantlet.de for further inspiration
Next to organizational topics we will among other things start to discuss possible projects. Therefore, each participant has to think of a project he would like to work on. Please bring your Laptop (MacBooks prefered) to the event.
Further Literature to inspire your project:
- Dynamic Topic Modelling for Cryptocurrency Community Forums
- Disruptive Blockchain Technology in Finance
- Illegal Activities using Cryptos
- Pricing Cryptocurrency Options
- Develop CRRIX = Crypto Regulatory IndeX based on: https://cointelegraph.com
Feel free to search through Quantlet.de for further inspiration
Literature and Sources
www.quantlet.de (source codes)