Blockchain Technologies: Business Innovation and Application
This online program draws on the work of leading MIT faculty and cryptoeconomics expert, Professor Christian Catalini, to examine blockchain technology from an economic perspective. You’ll be offered a foundational overview of how blockchain technology works, in order to demystify the technology and to understand its possibilities and limitations. Over the course of six weeks, you’ll be guided to understand blockchain technology beyond the fundamentals, and to appreciate its application and promise in the context of your own organization.
15 days - 3 months
Blockchain technology has the potential to fundamentally change the way business is conducted, and to transform the foundations of our economic and social systems. Despite its far-reaching potential, there remains a level of uncertainty around blockchain technology and the breadth of its application as an economic catalyst. This program draws on economic theory to offer participants a deep and practical understanding of blockchain technology, and to effectively demonstrate its meaningful capacity for innovation and efficiency in business.
Blockchain Technologies: Business Innovation and Application explores parallels between blockchain technology and other general purpose technologies, highlighting its capacity to enable widespread, transformational change. You’ll examine how blockchain technology can cheaply verify, under certain conditions, the attributes of a transaction. You’ll gain a deeper understanding of the cost of networking, and learn how blockchain technology can bootstrap and facilitate a marketplace without traditional intermediaries. Using an engaging mix of resources, you’ll be guided to explore the effects of blockchain technology on market power in digital platforms, privacy, and trust.
The program looks toward the future of blockchain technology, exploring its longer-term implications for business and its relationship with other emerging technologies, including AI and IoT. You’ll be offered the opportunity to apply your learnings to your own context, walking away with a proposal for a blockchain-based solution to a problem within your current or future organization.