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| 01/23 - 05/19 | ||||||
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9:00 am |
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Subject: Law (Grad) (LAWS)
CRN: 22861
In Person | Lecture
Minneapolis: School Of Law 238
The purpose of this course is for students to gain an understanding of the digital asset industry and its impact on the future of society and governance. Digital assets and smart contracting enable a revolution of applications in most industries and especially in the legal industry. Yet, the development of these technology driven solutions depend on decentralized governance, which is still in its very early stages of development. Students will learn how decentralized autonomous organizations (DAOs) are replacing existing corporate entities and 503 (b) non-profits as well as B-Corporations. DAOs can help create a nurturing environment for the evolution of the digital asset industry through decentralized DAO governance. DAO governance is a key legal issue for the development of this asset class and inevitably requires legal expertise. Key ideas that will be discussed include reputation systems and reputation-based DAO governance, historiography, and transcendental unifying values. Based on the understanding of challenges and opportunities presented by decentralized governance, students will develop the ability to discern their own possible value proposition in the disruption of businesses in various industries. The course emphasizes the importance of student skills at the intersection between law, business, finance, computer science, and psychology.
3 Credits