This is the outline for the “P” in MAP, part 3 of 3. In this part, you will learn about relevant topics to cryptocurrency as a “Platform.” If you would like to go back, here is a link to the previous part:
Cryptocurrency as Asset (A) <<
Summary of P : Cryptocurrency uses a technology called blockchain. Although the mechanics of blockchain can be difficult to understand, it is important to appreciate that blockchain is a platform on which applications can be built. In this part of the MAP, Dr. Black provides a “101” explanation of blockchain and explains how cryptocurrencies use this technology. You will learn about Ethereum as a public blockchain that uses smart contracts to offer decentralized applications (dapps). One of the applications is decentralized finance (DeFi), which replicates many financial services including lending and borrowing, so it is closely related to the core operations of credit unions and banks. You will even learn how the metaverse is being built as a blockchain application. Blockchain is a powerful technology that has the potential to transform financial services.
This part covers the following topics:
1. Crypto as a Platform
2. Blockchain 101
3. Ethereum and Smart Contracts
4. Decentralized Finance
5. Deposits and Loans on DeFi
6. Applications of Blockchain (e.g., Web3, Metaverse)
7. Crypto Platforms and Financial Institutions
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Here are a few videos by Dr. Black to help you understand Cryptocurrency as a Platform:
Cryptocurrency as a Platform
Blockchain 101, an Explanation of Blockchain as a Technology
Decentralized Finance (DeFi) – Financial Services Built on Blockchain
Congratulations! You’ve completed the basic content for the three-part overview in the “MAP for Cryptocurrency” by Dr. Black. I hope that this information has been helpful. If you find the content useful, please like the videos and subscribe to my YouTube channel. If you would like to reach out about an in-person or virtual presentation by Dr. Black, please contact me.
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If you’re interested in continuing, here are some relevant websites for the P part of MAP:
1. Crypto as a Platform
2. Blockchain 101
3. Ethereum and Smart Contracts
4. Decentralized Finance
5. Deposits and Loans on DeFi
6. Applications of Blockchain (e.g., Web3, Metaverse)
7. Crypto Platforms and Financial Institutions