Advanced Certificate in Web 3.0 Module 5: Future of FinTech, DeFi and Token Economics

Course Description & Learning Outcomes

Technology is advancing at an accelerating rate and it can be difficult to keep track in this digital age. In just the last 20 years, the world has seen a fair share of repercussions from this evolution trickling into the finance and banking industries. From crowdfunding to digital currencies, the marriage of technology and traditional finance into a wholly new industry – Fintech – has and will continue to make waves around the world. What are these exciting developments, and what do they spell for traditional financial institutions across the world? This module aims to provide participants with a conceptual framework of the most exciting advancements in the financial industry, and an exploration of its implications and applications. At the end of the 2-day module, participants will be able to: - Understand DeFi, digital currencies and token economics in Web 3.0 - Explore the various types of digital currencies and token economics circulating in the market, and evaluate their risks - Consider the pros and cons of DeFi and explore its potential in organisations - Identify the efforts being taken by traditional financial institutions to adapt, such as > Application Programming Interface (API) Banking; > Open Banking; and > Central Bank Digital Currency (CBDC) - Understand the role of RegTech and its applications in Web 3.0