FinTech Seminar
Until recently, the financial sector was strictly controlled and conservative sector with legacy systems and practices that were kept untouched for decades. However, some disruptive emerging technologies like AI, crowdfunding and Blockchain in addition to new regulations (e.g., GDPR) seems to be destroying this emerge and revolutionise the sector.
The goal of the course is to introduce students to those Financial Technologies that are reshaping the financial industry. Special focus will be given to blockchain and applications thereof. The format of the course will consist of reviewing research papers, presenting of assigned papers, group discussions on topics such as the potential disruption of financial technology in the service industry, and working on projects in collaboration with RU´s FinTech center´s partners.
Learning Outcomes:
Knowledge:- Explain the basic concepts, challenges and opportunities of financial technology
- Understand the foundational blockchain concepts, architecture, and the algorithms used to manage the integrity of transactions
- State the principles to design an immutable distributed ledger
- Define elements of trust in blockchain and discuss the consensus protocol.
- Identify the challenges of current blockchain solutions
Skills:
- Evaluate the where and when a blockchain based solution may be applied
- Design and implement smart contracts that leverages the blockchain technology to address some of the challenges in existing FinTech applications.
- Use one particular financial technology for a small scale project
Competence:
- Summarise and critically evaluate research papers in financial technology
- Get experience on specific industry-wide blockchain frameworks such as the hyper ledger framework.