Blockchains for Economic Security
EIT Digital Finance Summer School
Budapest, July 23 - August 5
Blockchain technologies provide decentralized, secure, timestamped, digital databases, being inherently resistant to modification of the data. The first applications were cryptocurrencies like bitcoin; later many other implementations like smart contracts, voting, peer-to-peer insurance, etc. were developed. The story started only 8 years ago, but one can already see the wide range of possible applications.
The school will provide an introduction to Economic Security Engineering and Financial Cryptography. Basic protocols and their applications will be discussed, including their vulnerabilities. First and second-generation Blockchains will be analysed. The first-generation Blockchains: Bitcoin, with issues of centralisation and scalability. The second generation Blockchains: Ethereum and decentralised applications (Dapps) and Decentralised Autonomous Organisations (DAOs). We will then discuss ecosystems around Blockchains and cooperation between blockchains.
After the introduction on blockchain technologies, we will show some of the hot topics, and have some team work on Ethereum-based projects.