Korok Ray
Associate Professor & Executive Director
Texas A&M University & Bitcoin Education Institute
Korok is the Founder and Executive Director of BEI. He’s also an Associate Professor at the Mays Business School of Texas A&M University and the Founder and President of the Southwest Innovation Research Lab, another 501(c)(3) non-profit organization. Korok teaches and researches Bitcoin. He also cofounded the Blockchain and Energy Research Consortium, which is dedicated to researching bitcoin mining in Texas. As an applied game theorist, Korok focuses his research on the intersection of economics and computation, specifically in distributed systems, computer networking, cybersecurity, and cryptocurrencies. Naturally, Korok’s work in this space led him to Bitcoin.
Korok teaches two classes on Bitcoin at Texas A&M. The Bitcoin Protocol is an engineering course that examines the technical codebase underneath Bitcoin, including cryptography, distributed computing, and computer networking. Bitcoin: Accounting for Digital Transactions, on the other hand, explores the business, economics, and policy of the Bitcoin industry, especially Bitcoin mining. These courses represent the first – and, so far, only – Bitcoin-only classes offered by a major US research university.
Korok writes a popular Bitcoin newsletter, Principles of Bitcoin. He speaks regularly on podcasts and conferences; notably, he delivered the keynote speech on Bitcoin and AI at MicroStrategy World 2024.
Prior to joining the faculty at Mays, Korok served on the Council of Economic Advisers at the White House from 2007 to 2009. During this time, he witnessed the Great Financial Crisis up close – it wasn’t his fault! Korok’s policy portfolio covered technology and financial services, and he was on the President’s Working Group for Financial Markets.
Korok earned a BS in mathematics from the University of Chicago and a PhD in economics from Stanford University. He has taught at the University of Chicago, Georgetown University, The George Washington University, and, now, Texas A&M.
Korok teaches two classes on Bitcoin at Texas A&M. The Bitcoin Protocol is an engineering course that examines the technical codebase underneath Bitcoin, including cryptography, distributed computing, and computer networking. Bitcoin: Accounting for Digital Transactions, on the other hand, explores the business, economics, and policy of the Bitcoin industry, especially Bitcoin mining. These courses represent the first – and, so far, only – Bitcoin-only classes offered by a major US research university.
Korok writes a popular Bitcoin newsletter, Principles of Bitcoin. He speaks regularly on podcasts and conferences; notably, he delivered the keynote speech on Bitcoin and AI at MicroStrategy World 2024.
Prior to joining the faculty at Mays, Korok served on the Council of Economic Advisers at the White House from 2007 to 2009. During this time, he witnessed the Great Financial Crisis up close – it wasn’t his fault! Korok’s policy portfolio covered technology and financial services, and he was on the President’s Working Group for Financial Markets.
Korok earned a BS in mathematics from the University of Chicago and a PhD in economics from Stanford University. He has taught at the University of Chicago, Georgetown University, The George Washington University, and, now, Texas A&M.
