MTPR

Michael Braun

Can Do: Demystifying Cryptocurrency

Oct 4, 2019
Dr. Michael Braun and Chirag Patel share their cryptocurrency experiences and cautionary tales, and attempt to demystify this complicated and confusing new phenomenon.
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What do tokens, smart contracts, mining, time stamping and blockchain technology all have in common? They are all essential parts of the complicated cryptocurrency industry, a new enterprise that is rapidly transforming global financial markets and the transaction landscape.

Cryptocurrency is a digital asset designed to work as a medium of exchange. It uses encrypted data to secure financial transactions, make them transparent to users, and verify the transfer of assets.

On this "Episode of Can Do: Lessons from Savvy Montana Entrepreneurs," Michael Braun, professor of management and marketing at the University of Montana, discusses what young entrepreneurs need to know when starting a company in a technology-fueled industry.