Lecture 4: Smart Contracts as a Solution to a Coordination Problem // TRAIN BRAIN

Lecture 4: Smart Contracts as a Solution to a Coordination Problem

MIT 14.129 Blockchain and the Design of Financial Systems, Spring 2025
Instructor: Robert M. Townsend
View the complete course: https://ocw.mit.edu/courses/14-129-blockchain-and-the-design-of-financial-systems-spring-2025
YouTube Playlist: https://www.youtube.com/playlist?list=PLUl4u3cNGP60gb6cVqrZQXQ217r0PwZJg
This lecture covers the commodity space, the policy objective, implementation with privately issued securities, uncoordinated Issues, and market crises.
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