This course provides a comprehensive overview of blockchain technology and decentralized finance (DeFi). It begins with an in-depth examination of the cryptocurrency value chain, exploring how tokens are issued, listed, and sustained - and uncovering the key players and financial incentives involved. The course then investigates how tokenomics and market design address inefficiencies in traditional finance. Students explore major blockchain and DeFi innovations, including public blockchains, Layer 2 solutions, decentralized exchanges, automated market makers (AMMs), and on-chain prediction markets, emphasizing both their economic principles and technological foundations. Entrepreneurial strategies for leveraging blockchain to reshape global finance are a focal point, culminating in discussions on potential future developments. Industry guest speakers provide practical insights from the field. The course is designed for broad accessibility, with no extensive technical prerequisites.
3 units · Letter or Credit/No Credit
This course provides a comprehensive overview of blockchain technology and decentralized finance (DeFi). It begins with an in-depth examination of the cryptocurrency value chain, exploring how tokens are issued, listed, and sustained - and uncovering the key players and financial incentives involved. The course then investigates how tokenomics and market design address inefficiencies in traditional finance. Students explore major blockchain and DeFi innovations, including public blockchains, Layer 2 solutions, decentralized exchanges, automated market makers (AMMs), and on-chain prediction markets, emphasizing both their economic principles and technological foundations. Entrepreneurial strategies for leveraging blockchain to reshape global finance are a focal point, culminating in discussions on potential future developments. Industry guest speakers provide practical insights from the field. The course is designed for broad accessibility, with no extensive technical prerequisites.
Offered in Winter 2027 at Stanford University.