| FINANCIAL TECHNOLOGY (ENGLISH, NONTHESIS) | |||||
| Master | TR-NQF-HE: Level 7 | QF-EHEA: Second Cycle | EQF-LLL: Level 7 | ||
| Course Code | Course Name | Semester | Theoretical | Practical | Credit | ECTS |
| FIN5243 | Blockchain and Cryptoeconomics | Fall | 3 | 0 | 3 | 8 |
| This catalog is for information purposes. Course status is determined by the relevant department at the beginning of semester. |
| Language of instruction: | English |
| Type of course: | Departmental Elective |
| Course Level: | |
| Mode of Delivery: | Face to face |
| Course Coordinator : | Assist. Prof. BORA ERDAMAR |
| Course Objectives: | This is a graduate level course on the basics of decentralized technologies such as Blockchain and their implications of Economics and Finance. Throughout the course, financial and non-financial applications of Blockchain Technology, Central Bank Digital Currencies and recents trends in Decentralized Finance will be examined. |
|
The students who have succeeded in this course; By the end of this course, students will be able to: 1. Explain the foundational principles of blockchain technology and decentralized systems. 2. Analyze the economic and financial implications of blockchain-based systems in both centralized and decentralized contexts. 3. Evaluate different consensus mechanisms and their trade-offs in terms of scalability, security, and decentralization. 4. Critically assess applications of blockchain technology across various sectors, including finance, supply chain, identity, and governance. 5. Understand and analyze Central Bank Digital Currencies (CBDCs) and their potential impact on monetary policy and financial inclusion. 6. Explore and evaluate emerging trends in Decentralized Finance (DeFi), including protocols for lending, trading, and stablecoins. 7. Design basic smart contracts and understand their role in automating transactions on blockchain networks. 8. Interpret legal, regulatory, and ethical considerations related to blockchain technologies and crypto-assets. |
| 1. Blockchain And Cryptocurrency Ecosystem 2. Fundamentals For Decentralized Mechanisms 3. Reaching Consensus: Part I 4. Wallets And Exchanges 5. Reaching Consensus: Part Ii 6. Transactions And Protocols 7. Markets And Pricing 8. Decentralized Finance & Daos 9. Nft And Metaverses 10. Web3 And Ai Tools 11. Challenges For Cryptoeconomics 12. Project Presentations |
| Week | Subject | Related Preparation |
| 1) | Course Overview | None |
| 2) | Blockchain and Cryptocurrency Ecosystem | None |
| 3) | Fundamentals for Decentralized Mechanisms | None |
| 4) | Mechanism Design Theory: An Axiomatic Introduction | None |
| 5) | Consensus Mechanisms | None |
| 6) | Proof of Work and Essentials of Mining | None |
| 7) | Wallets and Exchanges | None |
| 8) | Midterm | None |
| 9) | Market Mechanisms for Cryptocurrencies | None |
| 10) | Proof of Stake and Ethereum | None |
| 11) | Decentralized Finance | None |
| 12) | DAOs: Decentralized Autonomous Organizations | None |
| 13) | NFTs and Soulbound Tokens | None |
| 14) | Final Revision | None |
| Course Notes / Textbooks: | Slides and course notes in class. |
| References: | Papers and Reports (on Itslearning) |
| Semester Requirements | Number of Activities | Level of Contribution |
| Attendance | 14 | % 15 |
| Project | 1 | % 35 |
| Final | 1 | % 50 |
| Total | % 100 | |
| PERCENTAGE OF SEMESTER WORK | % 15 | |
| PERCENTAGE OF FINAL WORK | % 85 | |
| Total | % 100 | |
| Activities | Number of Activities | Duration (Hours) | Workload |
| Study Hours Out of Class | 14 | 14 | 196 |
| Presentations / Seminar | 1 | 1 | 1 |
| Project | 1 | 8 | 8 |
| Final | 1 | 3 | 3 |
| Total Workload | 208 | ||
| No Effect | 1 Lowest | 2 Low | 3 Average | 4 High | 5 Highest |
| Program Outcomes | Level of Contribution | |
| 1) | Graduates of the Financial Technology master's program gain the ability to understand, analyze, and shape how the traditional world of finance is being transformed by emerging technologies such as Blockchain and Artificial Intelligence. | 5 |
| 2) | Being able to develop and deepen their knowledge at the level of expertise in the same or a different field, based on undergraduate level qualifications. | 5 |
| 3) | To be able to interpret and create new knowledge by integrating the knowledge gained in the field with the knowledge from different disciplines. | 5 |
| 4) | To be able to systematically transfer current developments in the field and their own studies to groups in and outside the field, in written, verbal and visual forms, by supporting them with quantitative and qualitative data. | 4 |
| 5) | To be able to develop strategy, policy and implementation plans in the fields related to the field and to evaluate the obtained results within the framework of quality processes. | 5 |
| 6) | To be able to develop new strategic approaches for the solution of complex and unpredictable problems encountered in applications related to the field and to produce solutions by taking responsibility. | 5 |
| 7) | To be able to use the theoretical and applied knowledge at the level of expertise acquired in the field. | 5 |