Universities Add Cryptocurrencies in Their Lectures to Talk about Opportunities and Pitfalls

Universities Add Cryptocurrencies in Their Lectures to Talk about Opportunities and Pitfalls

July 17, 2018 Off By Steven Anderson

This era is the Information Age where knowledge is power. It is the time where an understanding of new trends means a person has an edge to stand apart from the competition. For this reason, even a year since the mainstream became aware of crypto, many universities have been offering courses regarding this subject both in computer science and business aspect.

The minority of these courses have their focus on computer science, coding, and cryptography that lie behind cryptocurrencies. On the other hand, most of them are about detailed introduction and explanation of crypto. These are more business-focused courses for the more business-minded people. These are courses that will help them decide whether it is feasible to adopt Bitcoins and the blockchain technology.

It means that universities, especially those profit-oriented, are looking to gain something from the increasing popularity of crypto. They do this by providing the public with nontechnical courses related to cryptocurrencies. While nontechnical courses, many of the students who learn such courses have been considerably satisfying. That is even though they only concepts of blockchains instead of actual coding.

Even though these courses do not provide the students with the skills to build their own decentralized currencies or apps, such courses are worth it. Through these nontechnical courses, they are able to learn vital information on how they can adopt crypto on a mass scale to the public, in the future. Generally, crypto teaching is in business-related context.

Only several universities are known to offer specific degrees related to blockchain or cryptocurrencies. On that note, the US has a number of Master of Business Administration programs with cryptocurrency courses. These provide the students with the opportunity to learn some foundation in crypto while they also learn finance, accounting, entrepreneurship, and more.

Among the many universities racing to provide cryptocurrency courses are Stanford Graduate School of Business, NYU’s Stern School of Business, Haas School of Business, and UC Berkeley. Other schools also include MIT Sloan School of Management, The Wharton School, UCLA Anderson School of Management, Fuqua School of Business, and Georgetown University’s McDonough School of Business.

The teaching centers on learning and understanding the blockchain tech’s applications. As such, lectures usually cover topics including how blockchain works, payment systems, cryptocurrencies and criminality, and more. For business-related courses, there are no computer science topics as students are schooled more on the foundation principles of cryptocurrencies and their likely effect on the financial sector.