Interview - Jan Budik - Workshop in Tartu | CHEDTEB Erasmus+ Strategic Partnership

Interview - Jan Budik - Workshop in Tartu

We are delivering another interview from yet another speaker at our Workshop in Tartu, Jan Budik from Signals Network​!

 

What made you interested in blockchain or smart contracts technology in the first place?

I see future in decentralized technologies and I would like to be a part of it. That is the reason why I decided to be interested in the possibilities of using these technologies for different purposes such as internal processes.


What has made the technologies (especially cryptocurrencies) so popular in the last year in your opinion?

The main reason why cryptocurrencies began to be so popular is independence on the "traditional" monetary system. The second reason is the possibility to earn money on speculation with cryptocurrencies. Yes, it's a great opportunity, but crypto-traders should know all risks e.g. influence of crypto/fiat rate change, short position or margin trading risks.


Do you think that companies are open (or will be open) to implement these technologies? 

Yes, I do. More companies are interested in the implementation of blockchain and smart contracts to their common processes to decrease costs and make them faster.


Where do you see the technologies in 5 years?

It's very hard to predict future now, because IT technologies are developing very fast, but I think that we can expect more implementation of machine learning.


What is most important from your specialization that the students should know in order to apply that later in the company/practice?

My goal is to provide knowledge about data analysis to students. I teach them how they can connect data from different sources, use latest technologies for data analysis and make their own decisions. In my opinion, it's one of the most important things in this new bigdata-age.


Do you think that the ICO and cryptotrading is more suitable to be taught in a form of a short course or as a part of a complete Master degree?

I think that it is enough to be taught in a form of short course and give basic knowledge to students and if they'll be excited to this topic they can find all relevant information on the internet.


What are the other relevant fields/subjects that should/can go hand in hand with your specialization?

The students who would like to be a cryptotrader, what is actually my specialization, should have knowledge about financial markets, statistics, programming and behavioral economy.


How would you propose a course for your specialization, what it should include?

The course should be divided into two parts. The first part should be more theoretical and explain the use of technologies on trivial practices. E.g. using of machine learning should be shown on an example with few simple inputs. The second part should be more complex and advanced and show how to work with these technologies with use cases from the real world. Both parts should combine knowledge about financial markets, statistics, programming and behavioral economy.


What skills/background should the teachers have in order to pass the subject to the students?

In my opinion, teachers should have the background of programming and technologies for data analysis such as the Jupyter Notebook is. They should also know how blockchain works, how to download and prepare data from different sources, how to visualize data, how financial markets works, how to use statistics etc.

 

About

This project shared by the three partner universities Bielefeld University of Applied Sciences/D, Brno University of Technology/CZ and University of Tartu/EST aims to provide the framework for a future joint master's degree on Digital Transformation of Corporate Business.

Search