How to Understand the Blockchain Economy


The Blockchain Innovation Hub at RMIT is the world’s first social science research centre examining the social and economic implications of blockchain technology. This course provides the economic tools to understand the evolution of the blockchain economy. Students will be introduced to the theories of institutional cryptoeconomics, apply those theories to use cases such as supply chains and identity management, and explore some of the ethical and legal challenges blockchain technology presents. The course is face-to-face, structured over two days of intense learning, and is comprised of 6 lectures. The course will be delivered by several members of the RMIT Blockchain Innovation Hub

Course content

  • An introduction to blockchain technology and what it means for society and the economy.
  • How institutional cryptoeconomics is applied to understand the impact of blockchain.
  • Blockchain applications in industries such as supply chains and identity management.
  • The ethical and legal challenges blockchain may present now and in the future.
  • Network with other professionals interested in blockchain technology.

Ideal for

Professionals seeking a deeper understanding of blockchain technology and its impact on society, the economy and their industry.

More information


On completion of this course, participants will have developed an understanding of blockchain techhnology and what it means for society and the economy. 


No prerequisites.

Materials supplied

 Copies of lecture material

Materials to bring

No materials necessary.


Participants will be awarded an RMIT Statement of Participation.

Additional notes



Jason Potts

Jason Potts is Professor of Economics at RMIT University, Director of the Blockchain Innovation Hub at RMIT, and Adjunct Fellow at the Institute of Public Affairs in Melbourne. His research work focuses on the economics of innovation and new technologies, economic evolution, institutional economics, and complexity economics. He has written 5 books and published over 80 articles on topics including growth theory, creative industries, economics of cities, innovation commons, and recently on crypto-economics and blockchain.

He is editor of the Journal of Institutional Economics, Vice President of the International Joseph A Schumpeter Society, and a Board Member of Australian Digital Commerce Association.

His website is and his twitter is @profjasonpotts

Sinclair Davidson

Sinclair Davidson is Professor of Institutional Economics in the School of Economics, Finance and Marketing at RMIT University, a Senior Research Fellow at the Institute of Public Affairs, and an Academic Fellow at the Australian Taxpayers’ Alliance. He is a member of the Centre for Independent Studies Council of Academic Advisers.

Sinclair has published in academic journals such as the European Journal of Political Economy, Journal of Economic Behavior and Organization, Economic Affairs, and The Cato Journal. He is a regular contributor to public debate.

His opinion pieces have been published in The Age, The Australian, Australian Financial Review, The Conversation, Daily Telegraph, Sydney Morning Herald, and Wall Street Journal Asia.

He blogs at Catallaxy Files and Tweets @SincDavidson.

Chris Berg

Chris Berg is a Postdoctoral Fellow at RMIT University, a Senior Fellow with the Institute of Public Affairs, and an Academic Fellow with the Australian Taxpayers’ Alliance. Dr Berg is the author of five books including The Libertarian Alternative.

Dr Berg has been a regular columnist with the Sunday Age and ABC’s The Drum. In addition, his articles have appeared in the Wall Street Journal, The Australian, the Australian Financial Review, and the Sydney Morning Herald, as well as magazines such as Quadrant, Spectator Australia and Overland.

He is a frequent media commentator on television and radio and appears regularly throughout the electronic press. His scholarly contributions have appeared in the Australian Journal of Political Science, Econ Journal Watch, Agenda, and Trends in Anaesthesia and Critical Care.

His website is and his twitter is @chrisberg

Darcy Allen

Darcy Allen is a Postdoctoral Research Fellow in the Blockchain Innovation Hub at RMIT University and is an Adjunct Fellow at the Institute of Public Affairs. Dr Allen’s academic writing has included contributions to institutional economics, entrepreneurial theory and new comparative economics. His research focuses on the economics and political economy of blockchain technology.

Dr Allen has appeared as an expert witness to provide evidence before a range of state and federal parliamentary inquiries including on environmental law, criminal justice reform and the economics of regulation.

His website is and his twitter is @DrDarcyAllen

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Available course dates

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