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Cryptocurrency and blockchain

Published on November 30, 2017   42 min
Hello, my name is Garrick Hileman, and I am a Research Fellow at the Cambridge Center for Alternative Finance, which is attached to the Judge Business School at the University of Cambridge. The center has been around for a little over two years and covers any new instrument, channel, or system that emerges outside of traditional financial services. So, this includes peer-to-peer lending, crowdfunding, and my area of research in what we are here to talk about today, "Cryptocurrency and Blockchain Technology".
Four areas of the presentation today are; first, it is important to understand some basics about money and currency, I think to have a grasp on what is Bitcoin and what are cryptocurrencies and what's likely to happen to them. So, we will go through some of the basics around money and currency first. We'll then go into a high level discussion of how Bitcoin and blockchain technology works. There is not enough time to do an in-depth dive, but I want to at least provide some of the basics around the mechanics of the technology, or then talking about the current state of cryptocurrency, what is happening today? Why is this sector attracting so much interest? And then last, we will wrap up with some thoughts about what the future may hold for cryptocurrency in the months and years to come.