School News

Professor David Yermack and Assistant Dean Roy Lee are interviewed about Stern's new Executive Education short course on the blockchain and digital currency

Excerpt from Financial Times -- "Though much of the hype is centered around bitcoin, Prof Yermack says the blockchain could have huge applications for record-keeping in a range of industries, such as the media or arts as well as manufacturing and finance. 'It looks like the blockchain is a replacement for double entry bookkeeping.'... For Mr Lee, this kind of open enrolment programme is a way of differentiating the school from competing institutions through cutting-edge thinking. 'We think about the alignment of market interest and faculty research. We view our short courses as an innovation lab for the school.'"

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