Blockchain Solutions, Governance and Collaboration
MGMT X 457.2
If you want value from blockchain technology, collaboration and good governance are just as important as building the related technology solution. This course provides an in-depth understanding of blockchain economics and incentives, governance, networks, business models, and achieving successful consortia using diverse case studies.
Demonstrate knowledge of prevalent blockchain proofs-of-concept (PoCs)
Design effective and robust blockchain governance and collaborative models through deploying best practices, tools, and success drivers
Understand critical economic and incentive issues for successful blockchain adoption
Demonstrate practical knowledge of how blockchain can improve response to critical problems and challenges in both public and private sectors
Reap the benefits by understanding how to incentivize adoption and contribution, how to monetize the network, and how to optimize decentralized governance
About this course:
Blockchain has the potential to revolutionize sectors and ecosystems in which trust is needed among parties. This course aims to help students understand the disruptive potential of blockchain to solve pain points and provide increased efficiency, automation and transparency. It provides students with tools, best practices and success drivers to design effective and robust governance and collaborative models. This course teaches you what CEOs are starting to recognize—that new business models and collaboration around blockchain are critical to create, deploy, accelerate and scale industry-wide solutions. Students get an in-depth understanding of the different approaches, including the blockchain consortium model, that allow competitors to collaborate to create decentralized networked solutions to solve shared problems, while also protecting their competitive advantage individually, keeping sensitive data confidential. Through the course work, students gain exposure to a diverse set of real-world blockchain case studies that consist of many stakeholders with different relationships and incentives. While blockchain technology has the potential to upend existing systems, this course also highlights that blockchain is not an instantaneous solution. This course aims to position blockchain in the larger context of digital transformation, traditional technologies, and as a complement to other emerging technologies such as Internet of Things or machine learning.
Prerequisites
Completion of MGMT X 457.1 Fundamentals of Blockchain Technology course recommended, or prior experience in basic blockchain concepts.
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