15.S12 Blockchain and Money (Fall 2018, MIT OCW). Instructor: Prof. Gary Gensler. This course is for students wishing to explore blockchain technology's potential use - by entrepreneurs and incumbents - to change the world of money and finance. The course begins with a review of Bitcoin and an understanding of the commercial, technical, and public policy fundamentals of blockchain technology, distributed ledgers, and smart contracts. The class then continues on to current and potential blockchain applications in the financial sector.
(from ocw.mit.edu)
Lecture 13 - Payments, Part 1
Prof. Gensler discusses major trends in payment systems, lessons that can be learned from non-blockchain payment innovations, and the challenges and opportunities in current payment system architecture.