Lecture 4: Smart Contracts as a Solution to a Coordination Problem @mitocw
Lecture 4: Smart Contracts as a Solution to a Coordination Problem  @mitocw
Uploaded July 2026 | Updated September 2026, 3 weeks ago
MIT 14.129 Blockchain and the Design of Financial Systems, Spring 2025
Instructor: Robert M. Townsend

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This lecture covers the commodity space, the policy objective, implementation with privately issued securities, uncoordinated Issues, and market crises.

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

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