An Introduction to Blockchain

15 Pages Posted: 10 Oct 2017 Last revised: 9 Apr 2018

See all articles by George (Yiorgos) Allayannis

George (Yiorgos) Allayannis

University of Virginia - Darden School of Business

Aaron Fernstrom

University of Virginia - Darden School of Business

Abstract

This technical note explains what blockchain is, what it allows, as well as discusses its advantages and potential issues to consider further. It also provides an example of an application in which blockchain technology is used and describes regulatory and governance considerations. It can be used in a financial institutions or fintech course along with a case on digital currencies.

Excerpt

UVA-F-1810

Rev. Dec. 7, 2017

An Introduction to Blockchain

I love this stuff—bitcoin, blockchain technology—and what the future holds…huge new markets and products will be built on these platforms.

Abby Johnson, CEO of Fidelity

Introduction

. . .

Keywords: blockchain, bitcoin, digital currency, smart contract, network effects

Suggested Citation

Allayannis, George (Yiorgos) and Fernstrom, Aaron, An Introduction to Blockchain. Darden Case No. UVA-F-1810, Available at SSRN: https://ssrn.com/abstract=3050049 or http://dx.doi.org/10.2139/ssrn.3050049

George (Yiorgos) Allayannis (Contact Author)

University of Virginia - Darden School of Business ( email )

Box 6550
Charlottesville, VA 22906-6550
United States
434-924-3434 (Phone)

HOME PAGE: http://faculty.darden.edu/allayannisy

Aaron Fernstrom

University of Virginia - Darden School of Business

P.O. Box 6550
Charlottesville, VA 22906-6550
United States

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