Blaockchain Basic Knowledge Week 3｜Blockchain Technology in the Modern Economy
📅 Dec 31 | 3:00–5:00 PM
📍 4Seas Nimman
🎥 Live-streamed
In the digital economy, blockchain is not just a technological innovation — it redefines value, trust, and transaction systems.
Week 3 will explore blockchain from foundational principles to modern applications, showing how it reshapes economic operations.
Topics:
3.1 Bitcoin: A New Open-Source P2P E-Cash System
Based on Satoshi Nakamoto’s design, understand how Bitcoin enables peer-to-peer transactions without central intermediaries, laying the foundation for modern digital currency.
3.2 The Symbiosis: Why Blockchain Needs Cryptocurrency
Without decentralized value (monetization), a public blockchain is just a slow, expensive database.
Tokens serve as the economic engine, incentivizing network participants to maintain security and consensus.
3.3 Redefining Trust: Eliminating the “Middleman Tax”
Through P2P networks and the principle of “code is law,” blockchain enables trustless transactions.
Trust shifts from third parties to the network and protocols themselves.
3.4 Smart Contracts and Decentralized Applications (DApps)
Explore Nick’s smart contract concept and Bytemaster’s DApp implementations, showing how DeFi and other applications automate finance, enable open participation, and create programmable value on-chain.
This session is for learners who want a comprehensive understanding of blockchain’s role in the modern economy, from theory to cutting-edge applications.
