Unit 3

Understanding the concept of smart contracts and their role in automating digital agreements (reading and vocabulary).

Description Unit 3

This module covers a wide array of crucial blockchain-related terms and delves into the intricacies of security measures, vulnerabilities, and audits in the context of smart contracts. A significant emphasis is placed on understanding both frontend and backend development aspects of decentralized applications, bridging the gap between user experience, interface design, and the complex backend logic that drives these systems. The module also introduces learners to the concepts of tokens and crypto assets, focusing on their digital nature and fungibility. Moreover, it explores the dynamics of Initial Coin Offerings (ICOs) and Security Token Offerings (STOs), providing a comprehensive overview of these critical elements in the blockchain and cryptocurrency domains.

Lesson 1

Idiom of the day

The Whole Nine Terabytes: Everything, the complete amount, often used in the context of a large volume of data.
"After implementing the new data storage system, we were able to back up our entire database—The Whole Nine Terabytes—in a matter of minutes." 

Discuss questions previous to the reading activity

Socialize key words about "NICK SZABO" and Reading comprehension #1: "NICK SZABO" 

Kahoot activity

Makes kahoot activity

Socialize key words about "What Are Smart Contracts on the Blockchain and How They Work"

Reading comprehension #2: "What Are Smart Contracts on the Blockchain and How They Work" 

Inference multiple choice activity

Socialize key words about "10 Real-World Smart Contract Use Cases"

True/False activity

Watch the Video "How Smart Contracts Will Change the World"

Talks, Ted. (2018). How smart contracts will change the world [Video]. In YouTube. https://youtu.be/pA6CGuXEKtQ?si=pLjFmq6c4mqalRCY 

Video comprehension activity: Multiple choice questions

True / False activity

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