The students get insights into the area of one of the most demanded digital technologies — Blockchain technology (BC tech). The objectives of the course: Understand essential element of BC tech; Understand practical applications and technological implementations of BC ; Overview impact of BC influence on economics and finance; Use modern technical tools to display data insights.
Blockchain and other distributed ledger technologies (DLT) have defined a transformative era by ensuring data security and enabling traceable transfers. Over recent years, digital currencies or cryptocurrencies (cryptos) have transitioned from digital novelties to trillion-dollar technologies, poised to reshape the global financial system. In particular, Central Bank Digital Currencies (CBDCs) have surged to prominence, sparking discussions and controversies. The Economist said, "Divide the Cryptocurrency Sheep from the Blockchain Goats.” There is a widespread tendency to overlook the functionalities and capabilities of the underlying blockchain, while society often places a strong emphasis on technology hype. In fact, numerous industrial instances showcase successful empowerment through the adoption of emerging technologies, thereby advancing their markets. As one pillar of the Fourth Industrial Revolution, blockchain technology is catalysing a profound transformation across industries. Its global impact is evident as it furnishes a secure and tamper-proof mechanism for recording and tracking digital transactions. This course provides a comprehensive introduction to blockchain technology, exploring its fundamental concepts and applications through the lenses of economics and statistics.
Daniel Traian Pele is a Prof. dr. Department of Statistics and Econometrics Faculty of Cybernetics, Statistics and Economic Informatics, The Bucharest University of Economic Studies. https://scholar.google.com/citations?user=tN32HYcAAAAJ&hl=en