Blockchain: Understanding Its Uses and Implications

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Course Fee1R 1,330.00R 1,330.00R 0.00 (0%)
Total amountR 1,330.00
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Overview

Blockchain technology is changing how business is executed. It’s important to understand why blockchain is different and how it works in comparison with technologies of the past.

The first segment of this course covers all the main concepts of what Blockchain is. It discusses how it began as a triple ledger system first introduced for the administration of the cryptocurrency Bitcoin, and how it is now applied to all aspects of business including government, banking, supply chains, and a host of other industries. It also analyses the concept of transparent ledgers, both public and permissioned, and focuses on using cryptography to achieve consensus, immutability, and governance of transactions. This is all part of Blockchain’s ability to provide “trusted data from untrusted sources,” disrupting traditional accounting methodologies and international trade.

The course then dives into the various methods of blockchain governance that currently exist in the marketplace as well as how consensus fits into governance. It explores how to reach consensus through proof-of-work or proof-of-stake. 

Other aspects of the course include examining the very specific features of blockchain that solve problems that have been difficult to overcome in the past with more centralised architectures.

The final part of the course takes a deep dive into the various use cases of blockchain, complete with analysing real examples of how different industries are executing the technology and improving their business. Examining a problem, and then depicting a blockchain use case that solves the problem, will help gain an understanding of how blockchain is applied to real-world situations.

This course is part of The Linux Foundation's Blockchain for Business Professional Certificate, offered through the edX® platform.

The Blockchain for Business Professional Certificate programme from The Linux Foundation includes the following courses:

Blockchain: Understanding Its Uses and Implications
Understand exactly what a blockchain is, its impact and potential for change around the world, and analyse use cases in technology, business, and enterprise products and institutions.
View the course

Blockchain for Business - An Introduction to Hyperledger Technologies
A primer to blockchain and distributed ledger technologies. Learn how to start building blockchain applications with Hyperledger frameworks.
View the course

edX® is a registered trademark of edX® Inc.  All Rights Reserved.

  • Start date
    15 January 2019
  • Programme duration
    5 weeks
  • Estimated effort
    3 to 4 hours per week
  • Fee
    R1330
  • Institution
    LinuxFoundationX
  • Language
    English
Start Dates
  • What a blockchain is
  • Blockchain impact and potential for change around the world
  • Understand how blockchain is applied to all aspects of business 
  • Demonstrate some of the immediate blockchain use cases in technology, business, and enterprise products and institutions 
     

Course Syllabus

Welcome & Introduction

Chapter 1. Introduction to Blockchain
This section covers some of the technical aspects that comprise a blockchain and explain why blockchain is different and “works” in comparison with technologies of the past.

Chapter 2. Governance and Consensus
This section covers the various methods of blockchain governance that currently exist in the marketplace as well as how consensus fits into governance. It also covers various levels of governance and how it works with both public and permissioned blockchains.

Chapter 3. Blockchain Problem Solving
This section takes a look at the very specific features of blockchain that solve problems that have been difficult to solve in the past with more centralised architectures.

Chapter 4. Blockchain Use Cases
This section covers various use cases of blockchain. It examines the problem, and then depicts a blockchain use case that solves the problem.

Meet Student Advisors

Arlene Lanser

Pearson Student Advisor

Meet our Faculty

Dylan Davis

Knowledge Sharer: Nodeunlock

Elliott Callender

Founder & CEO: Nodeunlock

Ernesto Lee

CTO: Blockchain Training Alliance

Kris Bennett

Senior Instructor: Blockchain Training Alliance

Rosa Santos

Director of Education: Blockchain Training Alliance