Studying online

There are now 2 possible online modes for units:

Units with modes Online timetabled and Online flexible are available for any student to self-enrol and study online.

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Unit Overview


Blockchain is a foundational technology enabling a more efficient, secure and transparent economy. Blockchain is a particular type of a shared database, which is a subset of distributed ledger technologies (DLT). The technology allows for decentralised creation and distribution of digital assets, like cryptocurrencies and Non-Fungible Tokens (NFTs), execution of smart contracts and operation of Decentralised Autonomous Organisations (DAO) - the backbone of Decentralised Finance (DeFi) and much more. Blockchain-based innovations open enormous opportunities for new business models, entrepreneurship and employment. However, if compromised, the technology can bring opposite results than intended. The origin and the essence of blockchain is inseparable from Bitcoin (2008) and other open public blockchains, like Ethereum. Open public blockchains that are not owned and controlled by any single commercial entity, or a government offer unique properties of decentralisation, high security, and immutability. These qualities are usually compromised to achieve industrial scalability by commercially motivated entities providing ‘blockchain' (i.e. DLT) applications for business. This interdisciplinary, non-technical and introductory level unit offers comprehensive knowledge of blockchain and critical evaluation of distributed ledger technologies in business. The unit combines sound theory with practice and the latest updates from practitioners working with the technology.

6 points
(see Timetable)
Semester 2UWA (Perth)Face to face

Students are able to (1) understand what blockchain and distributed ledger technologies (B&DLT) are and how they work ; (2) understand the fundamental differences between blockchain, DLT and legacy systems ; (3) identify most adequate use cases for applying B&DLT ; (4) critically reflect on the social and ethical implications of B&DLT ; and (5) apply decentralised approach to work by collaborating in teams on conceptually applying the technology to solving business issues.


Indicative assessments in this unit are as follows: (1) quizzes; (2) team-based assignment; and (3) examination. Further information is available in the unit outline.

Student may be offered supplementary assessment in this unit if they meet the eligibility criteria.

Unit Coordinator(s)
Professor Dirk Baur, Dr Lai Hoang
Unit rules
FINA5510 Digital Finance I
Contact hours
Standard Semester: lectures/tutorials/seminars/workshops: up to 3 hours per week
  • The availability of units in Semester 1, 2, etc. was correct at the time of publication but may be subject to change.
  • All students are responsible for identifying when they need assistance to improve their academic learning, research, English language and numeracy skills; seeking out the services and resources available to help them; and applying what they learn. Students are encouraged to register for free online support through GETSmart; to help themselves to the extensive range of resources on UWA's STUDYSmarter website; and to participate in WRITESmart and (ma+hs)Smart drop-ins and workshops.
  • Unit readings, including any essential textbooks, are listed in the unit outline for each unit, one week prior the commencement of study. The unit outline will be available via the LMS and the UWA Handbook one week prior the commencement of study. Reading lists and essential textbooks are subject to change each semester. Information on essential textbooks will also be made available on the Essential Textbooks. This website is updated regularly in the lead up to semester so content may change. It is recommended that students purchase essential textbooks for convenience due to the frequency with which they will be required during the unit. A limited number of textbooks will be made available from the Library in print and will also be made available online wherever possible. Essential textbooks can be purchased from the commercial vendors to secure the best deal. The Student Guild can provide assistance on where to purchase books if required. Books can be purchased second hand at the Guild Secondhand bookshop (second floor, Guild Village), which is located on campus.
  • Contact hours provide an indication of the type and extent of in-class activities this unit may contain. The total amount of student work (including contact hours, assessment time, and self-study) will approximate 150 hours per 6 credit points.