This course focuses on gaining a solid understanding of the emerging Blockchain as a highly disruptive and discontinuous innovation with the potential to change the foundations of web-based commercial and personal transactions via Distributed Ledger Technology (DLT). This is shaping up to be a generational paradigm shift with significant implications for how businesses do business on the Internet via cryptocurrencies, foreign trade and financial settlements, smart contracts, networking transparency, faster speeds at lower costs, and decentralization that significantly improves security.
The development and introduction of the Blockchain with Bitcoin
Understanding Distributed Ledger Technology’s impact on transparency and cyber-security
Case examples of Blockchain process-flow sequences and “Special Node” verifications
Comparing existing global transactions vs. Blockchain-enabled transactions
The Blockchain economies of scale from decentralization and eliminating intermediaries
Positive economic impacts of accrued execution speeds and reduced costs
Existing global deployment of Distributed Ledger Technology (DLT) applications
The fast-approaching future of Distributed Ledger Technology (DLT) across virtually all web-based commercial transactions
Explain six key benefits of the Blockchain and Distributed Ledger Technology (DLT)
Develop a Blockchain alternative for various existing commercial transactions
Design a process-flow model for a global trade-currency settlement deal
Analyze Blockchain applications in existing global business environments
Explain the qualitative and quantitative benefits of Blockchain-enabled Smart Contracts
Evaluate ten emerging Blockchain applications for personal and business use
This course will use an inductive reasoning approach for introducing new terms-concepts-models-methods, followed by highly interactive case discussion, and small-group team case projects applied directly to the attendees’ firms/organizations. The main focus is “hands-on” doing, high-level problem-solving with direct applications of Blockchain-Distributed Ledger Technology (DLT) to multiple commercial settings.
Attendees will have immediate return on investment [ROI] to their own firms/organizations by bringing new approaches, models, and applications directly to their workplace and colleagues.
Review, interpret, and critique proposed Blockchain applications for their organization
Design and implement an original process-flow model using Distributed Ledger Technology (DLT)
Produce detailed reports on tangible speed, cost-savings, and security improvements
Evaluate new opportunities for Blockchain-Distributed Ledger Technology (DLT) for internal operations and external client-uses
Understanding key concepts, models, and terminology of the emerging Blockchain paradigm
Introducing Blockchain reasoning to their workplace process-flow
Enhancing their perspective on client-customer uses of Distributed Ledger Technology (DLT) in various commercial markets
Being able to review and evaluate Blockchain cost-benefit analysis for their workplace
Learning proactive forward-thinking approaches and perspectives on 21st-century business
Confidently interacting with colleagues about change ramifications from Blockchain-Distributed Ledger Technology (DLT)