Agenda for the Masterclass
DLT and Blockchain
Interactive quiz to ascertain current knowledge (probably use Menti so they can interact and vote on mobile phone)
What is blockchain and what is DLT? Explain the overlap between the two terms
Brief history of blockchain, starting with Bitcoin
Identify the four pillars of blockchain: cryptography, consensus mechanisms, immutability and decentralisation
What is the relationship between cryptocurrency and blockchain?
Interactive quiz: other than cryptocurrencies, what use cases can you think of for DLT and blockchain?
Retail adoption vs institutional adoption
Real world examples – using named technologies and named firms that are using these
Digital Assets
Interactive quiz to ascertain current knowledge and understanding of digital assets
What is a digital asset?
The difference between native digital assets (crypto tokens) and real world assets that are recorded and transferred on a blockchain
What gives cryptocurrency such as Bitcoin its value?
How do crypto markets work and how are they regulated
Current regulation compared in different regions
What is a Bitcoin ETF and why is it such a big deal?
Different types of crypto wallet and how to use
Interactive exercise: set up and use a testnet wallet
Tokenization
Interactive quiz to ascertain current knowledge and understanding of smart contracts and tokenization
Explain the token standard on Ethereum
What other types of blockchain support smart contracts and token standards?
Walk through an example of how to create your own ERC token
How can assets be tokenized? Explain difference between ERC20 (fungible) and ERC-721 (non-fungible)
What is an NFT?
How tokens can represent real world assets
Identify and explain the implementation challenges associated with blockchain technology, also discussing its potential applications with detailed use cases in Capital Markets, Trading, and Wholesale services
Interactive exercise: Ask attendees to think of different items that could be tokenized. What are the potential challenges with the items they have suggested?
Stablecoins and CBDCs – what are they and what are the best known projects?
Real world example: Project Guardian, administered by the Monetary Authority of Singapore: https://www.mas.gov.sg/publications/monographs-or-information-paper/2023/project-guardian-open-interoperable-networks
DeFi
Interactive quiz to ascertain current knowledge and understanding of centralized and decentralized exchanges
What is the difference between CeFi and DeFi?
How can a smart contract replace human-administered infrastructure?
Main players in the DeFi market and their market cap/TVL
Demo: How to use Uniswap
The regulatory view
How can DeFi integrate with existing financial markets?
Brief explanation of more sophisticated DeFi instruments and investment strategies