COURSE OBJECTIVE:
After completing this training course, you will be able to • Explain how a blockchain works • Identify the role of a node in a network • Differentiate between public, private and hybrid blockchain • Explain how cryptography, private and public keys and hashes are used in a blockchain • Identify the advantages and disadvantages of different consensus algorithms • Describe possible applications for a blockchain with respect to identity. • Describe the role a blockchain can play in the supply chain. • Differentiate between blockchain networks • Identify the possibilities of combining a blockchain with Internet of Things (IoT) or artificial intelligence (AI). • Explain the use of blockchain technology for intellectual property (IP) protection and precaution.
TARGET AUDIENCE:
This certification is tailored for professionals in both business and IT who have, or want, a professional role in blockchain as a cryptographic and smart contract solution.
COURSE PREREQUISITES:
No specific prior training is required.Other Blockchain training courses that are less technical in nature: • BCA, Blockchain Awareness • BCL, Blochain Lead
COURSE CONTENT:
Blockchain Basics – Blockchain Technology • explain how a blockchain works. • explain what a node is • identify the role of a node in a network. • explain what tokens are. • differentiate between public, private and hybrid blockchains.- Additional Blockchain Elements • explain how cryptography is used in a blockchain. • explain how private and public keys are used in a blockchain. • explain how hashes are used in a blockchain. • explain the purpose ledgers have in a blockchain. • explain the role mining has in a blockchain.- Structure of a Blockchain Network • recognize the types of consensus algorithms from a description. • identify advantages and disadvantages of different consensus algorithms. Blockchain Challenges- Challenges for a Blockchain • identify blockchain vulnerabilities. • identify the risks community fractures and feuds pose to a blockchain. • identify the risks fraud and scams pose to a blockchain. – Blockchain Risk Mitigation • explain how the additional blockchain elements can be used to mitigate blockchain risks. • explain the role of the public witness in a blockchain.Applications of a Blockchain- Blockchain Use Case • explain in which scenarios a blockchain is useful.- Blockchain Technology Supporting Businesses
• explain how cryptocurrencies are used. • identify the blockchain technology used in a scenario. • differentiate between blockchain networks.
– Blockchain Technology Supporting People • explain the use of smart contracts. • explain the use of decentralized applications (DApps). • explain the role of decentralized autonomous organizations (DAO) and sophisticated smart contracts.
– Expanding Blockchain Applications
• describe possible applications for a blockchain with regard to identity. • identify the possibilities of combining a blockchain with internet of things (IoT) or artificial intelligence (AI). • identify the use of decentralized marketplaces and exchanges facilitated by blockchain technology.- Blockchain and the World Economy
• describe the role a blockchain can play in the supply chain. • describe the role a blockchain can play in cross-border money transfers. Blockchain Innovations- Innovations in Blockchain Technology
• explain what digital fiat currency and disruption in banking and currency are. • explain how blockchain technology can change insurance. • explain the use of blockchain technology for the protection of intellectual property rights (IP) and provenance. • explain how blockchain technology may change governments. • identify applications for blockchain technology in e-mail and the trust layer for the internet.
FOLLOW ON COURSES:
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