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)
Research and Development / Product Development Teams looking for improved transparency and ease-of-use
Marketing Directors wanting to gain a competitive advantage in their industry space
Business Development Directors looking for new opportunities in various markets-industries
Board Members looking to fully leverage Blockchain-Distributed Ledger Technology (DLT) for improved positioning
Financial Offices looking to gain a strong understanding of Distributed Ledger Technology (DLT) and Cryptocurrencies
The executive looking for ideas on how Blockchain-Distributed Ledger Technology (DLT) can be integrated into their organizations
Basic Tenets of the Satoshi Nakamoto Algorithm
Bitcoin and Cryptocurrency Basics
Multiple-Simultaneous Transaction Verification-Clarification-Confirmation
Problems in Existing Web-Based Transactions and Security
Why the Distributed Ledger Technology (DLT) Bottom-Up Model Outperforms the Existing Top-Down Models?
2-Party Approaches on Bid-Ask Pricing Interactions
Transparency and Trust in Direct Negotiation-Interaction
Gains in Transaction Settlement Speed and Cost-Savings
Removing Financial Intermediaries and Currency Translation
Global Networking Verifications-Clarifications-Confirmations
Standardization of Bid-Ask Terms for Global Parties
Tangible Cost-Savings on Two-Party Approaches and Negotiations
Tangible Time-Savings in Proposals-Review-Edits-Execution Process Flow
Categorizing Potential Functional Areas for Blockchain-Distributed Ledger Technology (DLT) Deployment
Categorizing Potential Strategic Areas for Blockchain-Distributed Ledger Technology (DLT) Deployment
Comparison-Analysis Between Existing Process-Flow and Proposed Distributed Ledger Technology (DLT)-Enabled Process
Identifying and Overcoming Hurdles to Adoption-Execution Decisions
Scenario Analysis of Proposed Applications
Building the Timeline, Budget, and Personnel Plan
Comparing Emerging Case Examples to Delegates’ Organizational Opportunities
Honing and Refining the Blockchain-Distributed Ledger Technology (DLT) Value Proposition
Individual and Team Presentations with Discussion-Interaction
Forecasting Blockchain-Distributed Ledger Technology (DLT) Future Costs and Benefits
Finalizing Blockchain-Distributed Ledger Technology (DLT) Executive Summaries for Delegates’ Organizations
Finalizing a Plan for Maximum Organizational Impact
