This course will explore the architecture of Blockchain technology that is rapidly changing the landscape of the financial industry and beyond. Countless applications are being explored in payments, insurance, lending, fund raising, settlement of securities transactions and contract execution. Cryptocurrencies, one of the most popular uses of blockchain, are explored in detail. The module will present technical concepts at a high level suitable for students whose main interest is finance and the financial applications of blockchain.
There will be dedicated discussions of a design of optimal investment strategy in cryptocurrency market. Investment under uncertainty has a got a new dimension with the advent of cryptocurrency. Unravelling the investment strategy of cryptocurrency is like a gospel, as the world economy is preparing steadily for the establishment of a new crypto-market and legalising the same within the monetary system. However, there are veritable challenges in investment in cryptocurrencies – a majority of these challenges are just like a black box, with no easy solution to be found at present.