The Future of Cryptocurrency and Blockchain


This is module 10 of 10 for the Blockchain and Cryptocurrency course.

Module 9 <<

Readings

Alt Coins

Metaverse

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Self-Directed Learning

  • Research a newer token in the cryptocurrency market. The cryptocurrency market is much bigger than just the large-cap coins that we have discussed. Try to understand what makes the token unique and how you could try to quantify the potential future value of the token.
  • Explore the “Metaverse” and how it relates to blockchain technology.
  • Research current discussions about changes to the infrastructure of blockchain technology. Try to understand where the technology is headed and how it is evolving to address current challenges.
  • Research the growing intersection between blockchain and data analytics. Blockchain is a form of data management and many people are now exploring the application of machine learning and AI to information on the blockchain.

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Online Discussion of Module Topic

Write down what you are learning and questions that you may already have about the future of blockchain and cryptocurrency. Here are some prompts to get you thinking:

  • Do you think BTC and ETH will be the foundation of the cryptocurrency market in the future?
  • What newer tokens could grow in value and importance in the upcoming years?
  • How do you go about researching other crypto assets as investments? What features are important?
  • How will blockchain technology evolve to address issues like scalability and transaction costs?
  • Can crypto become environmentally sustainable in the future?
  • What is the future of regulation around cryptocurrency? Will governments adapt to it or try to control it?
  • Are NFTs just a fad or do they have more important and long-lasting implications?
  • Will crypto and CBDCs coexist side-by-side?
  • How can blockchain and data analytics interact? How is AI being applied to data on blockchains?
  • Will Web3 lead to a paradigm shift in the way the internet works?
  • What is the “metaverse” and will it attract mainstream users?
  • How will the tension between privacy and regulation evolve with greater use of blockchain?
  • Is a future with blockchain a more utopian or dystopian society?

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Team Project Work

In this final part of the project work, the technical contributors will be finalizing their development efforts to produce some form of demo for the presentation. The business contributors should be finalizing their business model for the presentation as well. The final deliverable before the presentations is a write-up of the project that pulls together the work of the last few weeks.

Each team should make one post to the online discussion under “Other Topics” for Module 10. The primary purpose of this post is to attach a pdf with the following outline. The post itself only needs to include the executive summary. Here is the outline for the pdf:

  1. Title of dapp
  2. Executive summary
  3. Names of team members
  4. The business rationale for the dapp (the pitch)
  5. The proposed users of the dapp and how they would benefit
  6. A description of the smart contract and how it works
  7. A brief illustration of how the smart contract works using screen shots
  8. The revenue model associated with the dapp
  9. Team contributions (a description of what each team member contributed)
  10. Conclusion