Cryptocurrency and the Blockchain (NEW RELEASE!)
Rabindra (“Robby”) Ratan is an Associate Professor and AT&T Scholar at Michigan State University’s (MSU) Department of Media and Information, as well as Director of the Social and Psychological Approaches to Research on Technology-Interaction Effects (SPARTIE) Lab. A former MSU Lilly Teaching Fellow, he is the recipient of the MSU Teacher-Scholar Award and the MSU AT&T Instructional Technology Award. Dr. Ratan has written for Wired magazine and TheConversation.com and has been featured as a media technology expert on NPR and in the Washington Post. Ratan received his Ph.D. from USC’s Annenberg School for Communication and Journalism, his M.A. in Communication from Stanford University, and his B.A. in Science, Technology and Society, also from Stanford University.
Overview
Wouldn’t you love to be introduced to the fundamentals of blockchain technology, cryptocurrency, and Web3 in an accessible way—for a general audience? Now’s your chance! First, Professor Rabindra Ratan explains the core concept of blockchain as a decentralized digital ledger that enhances security, transparency, and user control. This talk also demystifies key terms, such as cryptocurrency, tokens, and NFTs—illustrating how these elements function within blockchain ecosystems. Professor Ratan draws attention to the broader vision of Web3 as a more participatory and user-owned version of the Internet, emphasizing the shift from centralized control to decentralized platforms.
Beyond basic definitions, this presentation addresses real-world applications and potential pitfalls. Ratan contrasts the speculative side of cryptocurrency—the “casino”—with the innovative potential of blockchain—the “computer.” He highlights use cases like digital vehicle titles, encrypted healthcare data, and artist payments, illustrating blockchain’s promise beyond financial hype. The talk concludes with practical advice, urging caution with volatile investments and scams, and encouraging the audience to focus on the transformative aspects of the technology rather than the speculative buzz.