Payments, Crypto currencies and blockchain_Phương tiện thanh toán, tiền điện tử và công nghệ chuỗi khối

The development of Cryptocurrencies, using the fundamentals of cryptography and blockchain, is predicted to have significant impact on banks, financial institutions, governments, economies and business in general. The decentralization of payment networks and the establishment of an ecosystem of various stakeholders results in various benefits and challenges that will influence their adoption and diffusion in the marketplace. This unit examines cryptocurrencies and blockchain and their emergence and role in financial markets. This unit discuss the technical underpinnings of blockchain and key concepts such as decentralization and consensus algorithms. Students will learn how these new financial instruments and technologies are disrupting traditional ways of doing business. '- Understand the fundamentals of blockchain and demonstrate knowledge of theoretical crypto-currency concepts and their applications. - Critically evaluate the use of cryptocurrencies from a social and economic perspective with regard to regulatory frameworks that govern adoption and use. - Apply different financial instruments and technology infrastructures including digital currencies and blockchain that facilitate the operation of financial markets. - Compare and contrast how these new instruments and technologies are disrupting traditional ways of doing business in the financial industry.