The blockchain is a novel paradigm for enabling a network of untrusted computers to collectively serve as a source of trust. The most well known application of the blockchain to date is Bitcoin, the non-state-backed cryptocurrency in which transfers are public but the identities of the individuals behind the transfers are masked. However, there are many other applications of the blockchain as well, including smart contracts, tracking and management of digital assets, and supply chain management.
This one-day course will provide an introduction to the blockchain. It is aimed at:
- members of the entertainment, music and financial industries
- anyone else with an interest in understanding the impact and opportunities associated with the technology of distributed trust.
This course will include an explanation of the blockchain, including the historical context, a description of how transactions are verified using the collective processing power of a distributed network of computers, and the way the blockchain is used to facilitate applications including cryptocurrencies and smart contracts. The course will also consider ICOs and examples of applications to digital rights management.
John Villasenor is a thought leader in the technology and innovation space. At UCLA, he is a professor of electrical engineering, public policy, and management, as well as a visiting professor of law. He also holds positions at the Brookings Institution and the Hoover Institution and brings multiple years of blockchain experience to the course.
An application for CLE credit for this course is in progress, though we cannot guarantee its approval.