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Showing posts from April, 2021

Session 3: Blockchain Basics & Cryptography

Claude Shannon introduced cryptography through the MIT lecture series years after after publishing his groundbreaking paper on 'Information theory'. He and George Boole inspired my interest in entropy,signal processing , digital circuitry and computer science.  They actually anchor my internet journalism brand.   E.C.K. = Energy /Computers/Knowledge   Ecknowledgy Enjoy this fascinating lecture   Mathematician Claude Shannon died on Saturday February 22, aged 84, after a long struggle with Alzheimer's disease. But his intellectual legacy will live on as long as people communicate using phone and fax, log on to the Internet, or simply talk about "information" as a commodity that can be measured in "bits" and shipped from place to place. The approach to information and communication Shannon laid out in his groundbreaking paper "A Mathematical Theory of Communication," published in the Bell System Technical Journal in 1948, and republished vi...

Blockchain and Money 2nd lecture MIT OCW FALL 2018 Course

This is the second lecture of the Blockchain and Money Course. The Professor conveys the significance of ledgers and the cryptocurrency structure that bitcoin introduced to p2p exchanges without the dependency on third party entities.

2018 (MIT) Open Course Ware Blockchain and Money

  Blockchain and Money   This course is for students wishing to explore blockchain technology’s potential use—by entrepreneurs & incumbents—to change the world of money and finance. Kicking off with a review of the technology’s initial application, the cryptocurrency Bitcoin, students will gain an understanding of the commercial, technical and public policy fundamentals of blockchain technology, distributed ledgers and smart contracts in both open sourced and private applications. The class will then turn to current and potential blockchain applications in the financial sector. This will include reviews of potential use cases for payment systems, central banking, venture  capital, secondary market trading, trade finance, commercial banking, post trade possessing and digital ID. Along the way, we will explore the markets and regulatory landscape for cryptocurrencies...