Blockchain

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IE code
FIN020304-U-ENG-VID
Language
English
Format
Video
Est. dedication time
7 minutes
Type of publication
Technical Note and tutorial

Description

In this video, Professor Larru introduces the concept of Blockchain technology, a groundbreaking innovation with far-reaching implications for finance and beyond. He starts by contextualizing the need for trust in traditional payment systems, where reliance on central authorities like banks or governments is inherent. Transitioning to digital payments, he outlines the complex web of trust involving multiple entities, such as credit card companies and banks. Professor Larru emphasizes the decentralized nature of Blockchain, making it resistant to tampering and fraud, thus revolutionizing trust in digital transactions. Through clear examples and analogies.

Blockchain