Study at City
  1. Courses
  2. Applying
  3. Fees and funding
  4. Living in London
  5. Visit us & online events
  6. Student support
  7. International students
  8. Order a prospectus
  9. Ask a student
  10. Coronavirus and studying at City
  1. Continuing Professional Development
Study at City

Blockchain and cryptocurrencies SASS

Key information

Choose a start date
To be confirmed
To be confirmed
To be confirmed
To be confirmed
Course code:
To be confirmed
To be confirmed
Application deadline:
To be confirmed
To be confirmed
Delivery of this module will be online due to government-issued guidelines during the Covid-19 pandemic and may be made available face-to-face subject to Public Health England recommendations. Please submit your application and, once reviewed by the module leader, you will receive more specific information about the online delivery of your module and assessments.

Course overview

This course offers an introduction to the technology of the blockchain and the economic incentives behind it, together with an overview of how the blockchain fits in the general economic environment.

The first day has an added focus on financial topics such as pricing, initial coin offerings (ICOs) and market manipulation, whereas the second day focuses on legal and regulatory issues, such as data protection, privacy and securities.

Participants will have the opportunity to network with practitioners from law and fintech, as well as academics that combine research and consulting expertise in the blockchain space.

View more information about the course The Economics, Finance and Law of Blockchain.

Course outcomes

Course outcomes

The course provides an overview of blockchain and Distributed Ledger Technologies (DLT), from an economic point of view. You will learn the technical foundations for DLTs, and how economic incentives are leveraged in distributed consensus. You will analyse the economic incentives of different stakeholders in the ecosystem (miners, protocol and application designers, consumers, competitors, investors, regulators). You will learn how economic engineering plays a major role in the design of layer 2 technologies, such as side chains and smart contracts. You will explore how DLTs embed in the general economic landscape and what are some promising use cases, how theories of money apply (or don't) to cryptocurrencies and tokens, and how regulation is beginning to influence this space.

The finance focus of the first day covers financial aspects of DLTs: You will learn the market microstructure of cryptocurrency markets, the trading instrument and exchanges, as well as understanding risk exposures and volatility dynamics. You will learn how cryptocurrencies are priced in the market, how the financial industry treats this new asset class, how prices are subject to market manipulation, and how ICOs operate.

The law focus of the second day covers legal aspects of DLTs: You will learn how regulatory frameworks apply to blockchain and DLTs and selected topics such as cryptocurrencies, securities or transactions, what the current thinking and guidance of the regulators are on these new technologies, and how the issues of privacy and data protection, as expressed in the recent EU General Data Protection Regulation (GDPR), apply to blockchains and DLTs.



Prerequisite knowledge

The courses are aimed at economists, lawyers, financial practitioners and regulators, entrepreneurs and software engineers.

Module leaders

  • Dr Spyros Galanis

    I am a Reader (Associate Professor) at the Department of Economics of City, University of London. Before 2019, I was an Associate Professor at the Department of Economics of the University of Southampton. My research interests include decision theory, finance, game theory and experiments.

    My main research focuses on the ...

  • Dr Christoph Schlegel

    I am a microeconomist working in market design, matching theory and on topics in the intersection of economics and computer science.