Blockchain and its Applications

Start Date:Nov 22, 2019 End Date:Nov 23, 2019
Last Date for Application:November 8, 2019 Last Date for Early Bird:November 1, 2019
Programme Fee: 90000 INR

Plus 18% GST

Early Bird Fee:83700 INR

Plus 18% GST

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In 2008, the pseudonymous computer scientist Satoshi Nakamoto introduced a cryptographic currency called the Bitcoin based on a novel decentralized ledger called the blockchain. While Bitcoin as a currency has had its ups and downs, there is growing interest in the decentralized ledger (the blockchain). The blockchain has potential applications in many different areas of finance which have traditionally used a centralized ledger maintained by a trusted party.

Banks, exchanges, depositories, central banks and regulators are all exploring potential applications of the blockchain to reduce costs, increase                      robustness and shorten settlement delays. A number of startups have received funding to build some of these applications.

The programme is oriented towards finance professionals and business managers who need to understand the strategic implications of the blockchain in their respective fields. While a high level understanding the cryptographic foundations is essential for this purpose, the programme is not focused on the mathematical and technical aspects of the cryptography.

Though the programme is not about Bitcoin, it takes the view that cryptocurrencies are not only the first application of the blockchain, but also its best known and most important exemplar. It will thus discuss the design of cryptocurrencies as a blockchain application.

  • Centralized and decentralized trust models
  • The cryptographic foundations of the blockchain and related technologies
  • Public, Private and Permissioned blockchains
  • Smart Contracts
  • Design features of important cryptocurrencies: Bitcoin and Ethereum
  • Applications of blockchain in areas like
    • Trade finance and the supply chain
    • Securities trading and setttlement
    • Asset management
    • Payment systems

 

Senior and Middle level Managers of Banks, financial institutions, financial regulators, fintech entrepreneurs

Mainly lectures with a few videos, case studies and lab exercises.

Faculty Chair

Jayanth R. Varma

Programme Faculty



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