University of Pennsylvania
Cryptocurrency and Blockchain: An Introduction to Digital Currencies

Give your career the gift of Coursera Plus with $160 off, billed annually. Save today.

University of Pennsylvania

Cryptocurrency and Blockchain: An Introduction to Digital Currencies

Jessica Wachter
Sarah Hammer

Instructors: Jessica Wachter

55,698 already enrolled

Included with Coursera Plus

Gain insight into a topic and learn the fundamentals.
4.6

(1,462 reviews)

4 hours to complete
3 weeks at 1 hour a week
Flexible schedule
Learn at your own pace
95%
Most learners liked this course
Gain insight into a topic and learn the fundamentals.
4.6

(1,462 reviews)

4 hours to complete
3 weeks at 1 hour a week
Flexible schedule
Learn at your own pace
95%
Most learners liked this course

Details to know

Shareable certificate

Add to your LinkedIn profile

Assessments

4 assignments

Taught in English

See how employees at top companies are mastering in-demand skills

Placeholder

Build your subject-matter expertise

This course is part of the Fintech: Foundations & Applications of Financial Technology Specialization
When you enroll in this course, you'll also be enrolled in this Specialization.
  • Learn new concepts from industry experts
  • Gain a foundational understanding of a subject or tool
  • Develop job-relevant skills with hands-on projects
  • Earn a shareable career certificate
Placeholder
Placeholder

Earn a career certificate

Add this credential to your LinkedIn profile, resume, or CV

Share it on social media and in your performance review

Placeholder

There are 4 modules in this course

In this module, you’ll define Bitcoin and understand its popularity as a currency. You’ll discuss the methodology behind transacting with Bitcoin, and gain a deep understanding of the definition of currency and the critical importance of a shared common belief behind a unit of currency. You’ll also analyze the growth of centralized intermediaries that facilitate dollar transactions using cash-alternative methodologies and their role in currency. By the end of this module, you’ll have a more clearly defined understanding of why cryptocurrency and bitcoin is used as a cash-alternative method, and how Bitcoin derives its potential value in the current market.

What's included

4 videos1 reading1 assignment

This module was designed to analyze the problems that a decentralized currency must solve in order to be successful, and how Bitcoin meets these challenges using cryptology and blockchain technology. After identifying the philosophy of identity behind the concept of property rights, you'll learn how Bitcoin utilizes digital signatures in their transactions to ensure privacy for individuals. Then, you’ll examine how blockchain technology employs Hash Functions to detect tampering attempts. Finally, you’ll explore the creation and concept of Distributed Consensus Protocol and how Proof of Work incentivizes honest trading and stable currency creation. By the end of this module, you’ll be able to identify the importance of digital signatures, Blockchain, and Proof of Work in the stability of Bitcoin as a currency.

What's included

9 videos1 reading1 assignment

In this module, you’ll examine Cryptocurrency as an asset class, and delve deeper into whether Cryptocurrency has a place in individual investment portfolios. Through examining the theory and data perspective of traditional finance, you’ll understand the risks and returns on Bitcoin and its place in a more stable and predictable portfolio. You’ll also learn about the Capital Asset Pricing Model, and key concepts of Modern Portfolio Theory such as Tangency Portfolio and the Sharpe Ratio. Through calculating and specifying both Beta and Alpha of Bitcoins, you’ll be able to accurately measure the systematic risk the investor takes in creating a portfolio with Bitcoin. By the end of this module, you’ll be able to estimate and analyze the values of Beta and Alpha in Cryptocurrency, and effectively optimize utility in incorporating Cryptocurrency as an asset for your portfolio.

What's included

5 videos1 reading1 assignment

In this module, you’ll explore the Blockchain Ecosystem and the numerous use cases for Blockchain in different industries. Through examination of the key attributes of Blockchain, you’ll discover how Blockchain is built. You’ll also learn about the difference between Proof of Work and Proof of Stake, and the two interoperabilities of Blockchain. Through analyzing the different types of crypto finance, you’ll explore the different use cases of Blockchain in business, gaming, and investing. By the end of this module, you’ll have a deeper understanding of the fundamentals of Blockchain, be able to utilize Blockchain in many different contexts, and assess how Blockchain will affect both business and society in the future.

What's included

11 videos1 reading1 assignment

Instructors

Instructor ratings
4.7 (367 ratings)
Jessica Wachter
University of Pennsylvania
2 Courses154,667 learners

Offered by

Recommended if you're interested in Finance

Why people choose Coursera for their career

Felipe M.
Learner since 2018
"To be able to take courses at my own pace and rhythm has been an amazing experience. I can learn whenever it fits my schedule and mood."
Jennifer J.
Learner since 2020
"I directly applied the concepts and skills I learned from my courses to an exciting new project at work."
Larry W.
Learner since 2021
"When I need courses on topics that my university doesn't offer, Coursera is one of the best places to go."
Chaitanya A.
"Learning isn't just about being better at your job: it's so much more than that. Coursera allows me to learn without limits."

Learner reviews

Showing 3 of 1462

4.6

1,462 reviews

  • 5 stars

    73.13%

  • 4 stars

    20.71%

  • 3 stars

    4.37%

  • 2 stars

    0.95%

  • 1 star

    0.82%

PP
5

Reviewed on Dec 30, 2021

AS
4

Reviewed on Apr 3, 2020

BV
4

Reviewed on Jul 18, 2020

New to Finance? Start here.

Placeholder

Open new doors with Coursera Plus

Unlimited access to 7,000+ world-class courses, hands-on projects, and job-ready certificate programs - all included in your subscription

Advance your career with an online degree

Earn a degree from world-class universities - 100% online

Join over 3,400 global companies that choose Coursera for Business

Upskill your employees to excel in the digital economy

Frequently asked questions