Description

Duration

1 Days

6 CPD hours

This course is intended for

Technical leaders

Overview

This course provides general overview of Blockchain technology and is specifically designed to answer the following questions:What is Blockchain? (What exactly is it?)Non-Technical Technology Overview (How does it work?)Benefits of Blockchain (Why should anyone consider this?)Use Cases (Where and for what apps is it appropriate?)Adoption (Who is using it and for what?)Implementation (How do I get started?)Future of Blockchain (What is its future?)

This instructor-led 1 day Blockchain Architecture training is for technical leaders who need to make decisions about architecture, environment, and development platforms.

What is Blockchain?

A record keeping system

Trust

Decentralization

Trustless environment

How does Blockchain work?

Announcements

Blocks

Nodes

Chaining

Verification

Consensus

Scalability

Privacy

Crypto Hashing

Digital Fingerprinting

PoW vs PoS

Types of Blockchains

Public vs Private

Open vs closed

Smart Contracts

Blockchain as History

Tokens / Coins

How is Blockchain different from what we have today?

Decentralized

Peer-to-peer architecture

Software vs Firmware

Database vs Blockchain

Distributed database or other technology?

Data Sovereignty

Group Consensus

What are Use Cases for Blockchain?

Use Case Examples

Currency

Banking Services

Voting

Medical Records

Supply Chain / Value Chain

Content Distribution

Verification of Software Updates (cars, planes, trains, etc)

Law Enforcement

Title and Ownership Records

Social Media and Online Credibility

Fractional asset ownership

Cable Television billing

High fault tolerance

DDoS-proof

Public or Private Blockchain?

Who are the participants?

What does a Blockchain app look like?

DApp

Resembles typical full stack web application

Any internal state changes and all transactions are written to the blockchain

Node.js

Public Blockchain visibility

Private Blockchain solutions

Oracles

How do I design a Blockchain app?

What does this solution need to let users do?

Will the proposed solution reduce or remove the problems and pain points currently felt by users?

What should this solution prevent users from doing?

Do you need a solution ready for heavy use on day 1?

Is your solution idea enhanced by the use of Blockchain? Does the use of Blockchain create a better end-user experience? If so, how?

Has your business developed custom software solutions before?

What level of support are you going to need?

How big is the developer community?

Does your vision of the future align with the project or platform's vision of the future?

Does the platform aim to make new and significant contributions to the development space, or is it an efficiency / cost play?

Should the solution be a public or private Blockchain?

Should the solution be an open or closed Blockchain?

Create a plan for contract updates and changes!

Hybrid solutions

Monetary exchanges?

How do I develop a Blockchain app?

AGILE approach pre-release

Define guiding principles up front

Software vs Firmware

Announcements, not transactions!

Classes, not contracts

Link contracts to share functions

Use calling contracts to keep contract address the same

Hyperledger vs Ethereum

CONSIDER No of Users * Avg No of Transactions (state changes) per User

Should a Blockless solution be applied?

Performance

Security

Anonymity

Security

Monolithic vs Modular

Sandwich complexity model

How do I test a Blockchain app?

Recommend 5x to 10x traditional application testing time

Security

Networks

Additional course details:

Nexus Humans Blockchain - An Overview for Business Professionals training program is a workshop that presents an invigorating mix of sessions, lessons, and masterclasses meticulously crafted to propel your learning expedition forward.

This immersive bootcamp-style experience boasts interactive lectures, hands-on labs, and collaborative hackathons, all strategically designed to fortify fundamental concepts.

Guided by seasoned coaches, each session offers priceless insights and practical skills crucial for honing your expertise. Whether you're stepping into the realm of professional skills or a seasoned professional, this comprehensive course ensures you're equipped with the knowledge and prowess necessary for success.

While we feel this is the best course for the Blockchain - An Overview for Business Professionals course and one of our Top 10 we encourage you to read the course outline to make sure it is the right content for you.

Additionally, private sessions, closed classes or dedicated events are available both live online and at our training centres in Dublin and London, as well as at your offices anywhere in the UK, Ireland or across EMEA.

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Blockchain - An Overview for Business Professionals

By Nexus Human

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