Blockchain - Theory and Practice

• Fairly good understanding of mathematics
• Cryptography or programming knowledge is beneficial but not required

Audience

• Technology enthusiasts
• Business professionals
• Developers and IT professionals interested in blockchain applications

Blockchain technology is a decentralized, secure, and transparent system that has revolutionized industries such as finance, supply chain, and intellectual property. This course provides a comprehensive understanding of blockchain technology, including its history, theoretical foundation, and practical applications in various fields.

This instructor-led, live training (online or onsite) is aimed at beginner-level participants who wish to understand the fundamental concepts of blockchain technology and explore its practical applications in real-world scenarios.

By the end of this training, participants will be able to:

• Understand the core principles and concepts of blockchain technology.
• Identify potential use cases for blockchain in various industries.
• Explain how cryptocurrencies, smart contracts, and decentralized systems work.
• Explore blockchain's applications in royalty collection, copyright management, and insurance.

Format of the Course

• Interactive lecture and discussion.
• Lots of exercises and practice.
• Hands-on implementation in a live-lab environment.

Course Customization Options

• To request a customized training for this course, please contact us to arrange.

Introduction to Blockchain

• What is blockchain technology?
• Brief history and evolution of blockchain
• Key principles: decentralization, openness, and transparency

Theoretical Background

• Understanding cryptographic principles
• Consensus mechanisms: Proof of Work (PoW) and Proof of Stake (PoS)
• The role of nodes and miners in a blockchain network

Blockchain Use Cases

• Payment systems and financial transactions
• Overview of cryptocurrencies (e.g., Bitcoin Ledger)
• Royalty collection and copyright management

Smart Contracts

• What are smart contracts?
• Ethereum and its role in smart contract execution
• Real-world applications of smart contracts

Blockchain in Insurance

• How blockchain enhances transparency in insurance
• Fraud prevention through decentralized ledgers
• Streamlining claims processing with smart contracts

Exploring the Future of Blockchain

• Emerging trends and technologies in blockchain
• Challenges and limitations of blockchain systems
• Altchains: alternatives to traditional blockchains
• Potential future applications in various industries

Summary and Next Steps