Fall 2021

I 320 Topics in Informatics : Blockchain, Web 3, and the Internet Computer

Unique ID: 28550

   Fri

09:00 AM - 12:00 PM  

**Effective 7/29/21 - Bettina Warburg and Tom Serres are no longer available to teach for us this fall, and this class has been cancelled. We will try to offer it again in Spring 2022.

Online

DESCRIPTION

Built on the back of a blockchain computing stack, this course will focus on topics and research key to the transition to Web 3 and a decentralized economy. We will cover the dynamics of blockchain technology, highlight new ideas from leading entrepreneurs and researchers shaping this future, and provide students with an opportunity to build their research into a product or startup. Students will use lean methodologies and anchor their approach in content covered through the course.

COURSE NOTES

The shift towards a decentralized economy is in full swing. Emerging technologies like Blockchain, AI/ML, and IoT are combining to radically change the way we engage with the economy, and are forcing us to rethink our businesses and societal interactions. At the heart of this new economy, is a new blockchain-based computing stack, that allows not just humans, but machines to transact products, services, and information.

This course will take a practitioner's approach to explaining these complex (and confusing) technologies, grounding our understanding in how they're evolving, and why they're paving the way for a future where machines represent a new consumer class: 50-billion devices armed with wallets and purchasing power. This future will transcend age-old models of commerce, supply chain, information management, finance, and
governance to create something far more interesting: a distributed, transparent, and autonomous infrastructure for the decentralized exchange of value.

Throughout the course we will focus on topics and research key to the transition to a decentralized economy, hearing from leading entrepreneurs and researchers shaping these new opportunities. Topics will include an introduction to blockchain and its economic context, the technology stack of the decentralized economy, smart contracts, specific networks (Bitcoin, Ethereum, Dfinity, etc.), business use cases, regulatory considerations, and more. To help students apply this knowledge, the course also provides students the opportunity to practice the art of building startup projects through lean methodologies, anchored in the topic of decentralization of trade. Progressing from individual research to user interviews, peer review, and eventually prototyping, students will gain valuable experience in taking an idea from inception to pitching. Part big idea course on where information and economics combine, part startup bootcamp, students will come away with both a framework for thinking about the future, and a concrete final project that helps envisage that future.

The course will meet each week for 3 hours over the semester, and sessions will consist of a combination of face-to-face meetings and online webinars (both synchronous and asynchronous). Each session will include lecture-based content and discussion on selected topics, expert guest lectures, and product/startup building. At the end of the semester, students will be graded on their ability to pitch and present their startup idea, the relevant empirical research supporting their ideas, and a succinct business plan for taking their idea to market.

RESTRICTIONS

Informatics degree seekers are given priority during registration periods 1 & 2. Additional seats may become available to outside students during registration period 3 in August.