What Does MVP Stand For? It’s Not What You Think.
October 7, 2024
Article
This course is part of Blockchain Revolution in Financial Services Specialization
Instructors: Don Tapscott
Instructor ratings
We asked all learners to give feedback on our instructors based on the quality of their teaching style.
7,527 already enrolled
Included with
(184 reviews)
(184 reviews)
Identify eight functions of the financial services industry and explain how blockchain will disrupt each of these functions
Describe how blockchain will transform the roles of financial managers and the CFO
Describe the inefficiencies associated with global payments infrastructure, and the solutions blockchain technologies could offer
Identify the threats and opportunities of blockchain technology for central banks
Add to your LinkedIn profile
16 assignments
Add this credential to your LinkedIn profile, resume, or CV
Share it on social media and in your performance review
The current global financial system is riddled with inefficiencies, uneven developments, and bizarre contradictions. Blockchain technology has the potential to bring about profound changes to financial services. In this course, you will learn how blockchain technology will disrupt the core functions of the financial services industry, offering individuals and organizations alike real choices in how they create and manage value.
Today’s global financial system full of inefficiencies. In this module, you’ll learn how blockchain technology has the potential to disrupt the core functions of the financial services industry, and for the better. By the end of this module, you’ll be able to describe six inefficiencies in the financial services industry. You’ll learn how blockchain technology can be leveraged to do things better, on cost, speed, risk management, innovation, and adaptability. You’ll be able to identify eight core functions of the financial services sector, and explain how blockchain can disrupt these functions—cutting out the middleman or causing them to radically change their operations for the better.
9 videos5 readings4 assignments1 discussion prompt
Human error is a common cause of accounting mistakes. Lack of transparency allows greed to flourish. People can “cook the books” to hide their wrongdoings, and double-entry accounting can’t always handle new business models, like micro-transactions. In this module, we’ll explore how triple-entry accounting on a blockchain can solve these problems. Shareholders, auditors, and regulators could access a World Wide Ledger to check a company’s health and compliance in real time. We’ll also explore how CFOs and financial management can balance the hype and the hope of blockchain technology, and make key decisions about blockchain for their enterprise.
12 videos5 readings4 assignments1 discussion prompt
The global payment system is the lifeblood of world commerce. In the Internet era, the sluggish pace, high cost, and opacity of international funds transfers, both corporate and consumer, have been a source of frustration. In this module we’ll explore the ways in which blockchain technology can improve the speed and lower the cost of global payments. We’ll consider how decentralized models of finance and the emerging cryptoasset class will leave incumbents—banks and digital conglomerates alike—scrambling to avoid obsolescence and irrelevance. With stewardship and responsible leadership, blockchain will usher in a new era of financial services that is more open, inclusive, efficient, secure, and free. If we get this right, new economic systems will emerge to generate greater prosperity for the many, rather than more wealth for the few.
6 videos4 readings4 assignments
Blockchain alone is just a tool. In order for this technology to fulfill its long-term promise, humans must lead. Rather than relying on state-based institutions, blockchain must be primarily self-governed through collaborations of civil society, private sector, government, and stakeholders in non-state networks. In this module, we discuss the idea of blockchain governance networks and explain how they can support blockchain stewardship at three levels: The platform level, the application level, and the ecosystem level. As well, you will learn about the conditions that are necessary for a blockchain-based hub of innovation to succeed.
17 videos3 readings4 assignments
We asked all learners to give feedback on our instructors based on the quality of their teaching style.
Instructor ratings
We asked all learners to give feedback on our instructors based on the quality of their teaching style.
As one of the world's leading and largest graduate business schools, INSEAD brings together people, cultures and ideas to develop responsible leaders who transform business and society. INSEAD's multi-campus format and unmatched diversity deliver a truly global educational experience. Its 160 renowned faculty members from 40 countries inspire students through degree and PhD programmes, while every year more than 18,000 executives participate in its Executive Education programmes, both on campus and online.
Specialization
Course
Course
184 reviews
78.80%
14.67%
5.97%
0%
0.54%
Showing 3 of 184
Reviewed on Jul 3, 2020
An enlightening and eye-opening course which gives very useful insight into the potential and current progress of blockchain in financial services.
Reviewed on Dec 26, 2020
Very information and thorough in covering the topic of Blockchain.
Reviewed on Nov 7, 2020
Coming from Financial Services Field -the course was quite relevant, accurare and powerful in the ideas it shared about the future of the industry and the important components thereof.
Unlimited access to 10,000+ world-class courses, hands-on projects, and job-ready certificate programs - all included in your subscription
Earn a degree from world-class universities - 100% online
Upskill your employees to excel in the digital economy
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
When you enroll in the course, you get access to all of the courses in the Specialization, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
If you subscribed, you get a 7-day free trial during which you can cancel at no penalty. After that, we don’t give refunds, but you can cancel your subscription at any time. See our full refund policy.
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work.
These cookies may be set through our site by our advertising partners. They may be used by those companies to build a profile of your interests and show you relevant adverts on other sites. They are based on uniquely identifying your browser and internet device. If you do not allow these cookies, you will experience less targeted advertising.
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.
These cookies enable the website to provide enhanced functionality and personalization. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.