Blockchain and Cryptocurrencies
Economics, Finance and Law

Thursday 31 October, 2019
Friday 1 November, 2019
City, University of London

About the Courses

  • To be notified of future events, please click here to register your interest.
  • About the courses

    The Economics of Blockchain Research Group, at City, University of London, has launched two one-day courses on the economics of Blockchain and Cryptocurrencies. Both courses offer an introduction to the technology of the blockchain and the economic incentives behind it, together with an overview of how the blockchain fits in the general economic environment.

    The first course has an added focus on financial topics such as pricing, initial coin offerings (ICOs) and market manipulation, whereas the second course addtionally focuses on legal and regulatory issues, such as data protection, privacy and securities.

    Participants will have the opportunity to network with practitioners from law and fintech, as well as academics that combine research and consulting expertise in the blockchain space.

    Where

    City, University of London

    When

    Thursday October 31, 2019
    Friday November 1, 2019

    Keep in touch

    To be notified for future events, please register your interest at at [email protected].

    Details

    • The courses are aimed at economists, lawyers, financial practitioners and regulators, entrepreneurs and software engineers. The course is aimed at non-experts who have no prior knowledge of economics or software engineering.

    • The course provides a non-technical overview of blockchain and Distributed Ledger Technologies (DLT), from an economic point of view. You will learn the foundations for DLTs, and how economic incentives are leveraged in distributed consensus. You will be introduced to the economic incentives of different stakeholders in the ecosystem (miners, protocol and application designers, consumers, competitors, investors, regulators). You will learn how economic engineering plays a major role in the design of layer 2 technologies, such as side chains and smart contracts. You will explore how DLTs embed in the general economic landscape and what are some promising use cases, how theories of money apply (or don't) to cryptocurrencies and tokens, and how regulation is beginning to influence this space.

      The finance focus of the first day covers financial aspects of DLTs: You will learn the market microstructure of cryptocurrency markets, the trading instrument and exchanges, as well as understanding risk exposures and volatility dynamics. You will learn how cryptocurrencies are priced in the market, how the financial industry treats this new asset class, how prices are subject to market manipulation, and how ICOs operate.

      The law focus of the second day covers legal aspects of DLTs: You will learn how regulatory frameworks apply to blockchain and DLTs and selected topics such as cryptocurrencies, securities or transactions, what the current thinking and guidance of the regulators are on these new technologies, and how the issues of privacy and data protection, as expressed in the recent EU General Data Protection Regulation (GDPR), apply to blockchains and DLTs.

      The course is aimed at non-experts who have no prior knowledge of economics or software engineering.

      • Introduction to distributed ledger technologies and blockchain
      • Basics of game theory and cryptography
      • Bitcoin
      • Theories of money
      • Proof-of-work, proof-of-stake and Nakamoto consensus
      • Ethereum, smart contracts and layer 2
        • Scalability trilemma
        • Lightning network and side-chains
        • The design of smart contracts

      • Wallets and exchanges
      • Market manipulation and price discovery
      • Trading instruments and basic strategies
      • Initial coin offerings
      • Risk analysis and volatility

      • All topics covered in the Economics and Finance
      • Laws of Blockchain and DLT
      • Blockchain and DLTs from a GDPR perspective

    Your Instructors

    Programme

    The first day focuses on Economics and Finance. The second day provides an overview of all three topics.

    Registration

    Dr. Spyros Galanis

    DLTs and Blockchain Dr. Spyros Galanis

    Introduction to Distributed Ledger Technologies (DLTs) and blockchain, basics of game theory and cryptography, Bitcoin and theories of money.

    Lunch

    Dr. Jan Christoph Schlegel

    Economic Design of DLTs Dr. Jan Christoph Schlegel

    Proof-of-work, proof-of-stake and Nakamoto consensus, Ethereum, smart contracts, the scalability trilemma and layer 2 solutions.

    Coffee Break

    Dr. Daniele Bianchi

    The Economics and Finance of Blockchain Dr. Daniele Bianchi

    Wallets and exchanges, market manipulation and price discovery, trading instruments and basic strategies, initial coin offerings, risk analysis and volatility.

    Drinks and Networking

    The day finishes at 6PM.

    Registration

    Dr. Spyros Galanis

    DLTs and Blockchain Dr. Spyros Galanis

    Introduction to Distributed Ledger Technologies (DLTs) and blockchain, basics of game theory and cryptography, Bitcoin and theories of money.

    Dr. Jan Christoph Schlegel

    Economic Design of DLTs Dr. Jan Christoph Schlegel

    Proof-of-work, proof-of-stake and Nakamoto consensus, Ethereum, smart contracts, the scalability trilemma and layer 2 solutions.

    Lunch

    Dr. Daniele Bianchi

    The Economics and Finance of Blockchain Dr. Daniele Bianchi

    Wallets and exchanges, market manipulation and price discovery, trading instruments and basic strategies, initial coin offerings, risk analysis and volatility.

    Coffee Break

    Vassilis Karantounias

    Data privacy and security Vassilis Karantounias

    Compliance with data protection principles under the General Data Protection Regulation (GDPR) in blockchain and DLT applications.

    Charles Kerrigan

    Laws of Blockchain and DLT Charles Kerrigan

    Existing frameworks and regulatory developments on selected blockchain and DLT-related topics, such as crypto, securities or transactions.

    Drinks and Networking

    The day finishes at 6PM.

    City, University of London

    Rhind Building, St John Street

    London, EC1R 0JD

    Room TBA

    Organizer and Supporters

    The courses are organized by City, University of London, and supported by CMS.

    Book a place

    Registrations are now closed.

    Contact Us

    For any question, please contact the organisers, Dr. Spyros Galanis and Dr. Jan Christoph Schlegel.