Overview

This course from blockchain experts Blocknorth will give you a full and clear understanding of blockchain technology and its impact on business and the wider world. The course covers the background, context, and benefits; an overview and explanation of how blockchain works; applications and practical examples;  an exploration of decentralised data management; and an overview of cryptocurrency and its relevance to business.

Course Contents

Unit 1: The Foundation of Blockchain

• The role of ledgers
• The digitisation of ledgers
• Blockchain and how it works
• The benefits of blockchain technology
• Significant changes to data management for businesses and enterprise
• More dynamic network systems for recording transactions.

Unit 2: How Does Blockchain Work?

• The basics of how blockchain technology works
• The individual elements that make up a block
• How a new block is added to the chain
• What is the Merkle Tree and why is it important for blockchain
• The difference between a public and private blockchain
• How to choose the best-fit blockchain for business
• Practical examples of blockchain use.

Unit 3: Decentralised Data Management

• Regular database management
• The problems associated with centralisation and personal data security
• Increased corporate responsibility for consumer data
• The move from regular databases to a decentralised model
• Blockchain technology and the advantages of decentralisation

Unit 4: What is a Cryptocurrency? 

• What is a cryptocurrency
• What is Bitcoin
• How Bitcoin works
• How Bitcoin mining works
• What gives a cryptocurrency value
• Cryptocurrency and it’s relevance to the business world
• Cryptocurrency case studies.