About this Course
On this first course of the specialization, we’ll focus on the constraints of the Web for enterprise and financial exercise, and clarify how blockchain know-how represents the best way ahead. After finishing this course, it is possible for you to to clarify what blockchain is, the way it works, and why it’s revolutionary. You’ll study key ideas corresponding to mining, hashing, proof-of-work, public key cryptography, and the double-spend drawback. You’ll have the ability to describe seven design ideas for blockchain know-how, and the challenges going through the folks growing it. You’ll additionally meet the gamers within the blockchain ecosystem, and contemplate your personal position in stewarding the blockchain revolution.
WHAT YOU WILL LEARN
The restrictions of the Web for enterprise and financial exercise, and the way belief is established in a pre- and post-blockchain world
Phrases corresponding to miner, hash, nonce, proof-of-work, and public key cryptography, in addition to the steps of a blockchain transaction
Seven design ideas for blockchain know-how
Ten challenges related to implementing blockchain know-how
Syllabus – What you’ll study from this course
7 hours to finish
The Second Period of the Web
The Web connects billions of individuals all over the world, and is nice for speaking and collaborating on-line. Nevertheless, as a result of it was constructed for transferring and storing data, and never worth, it has completed little to alter the best way we do enterprise. Now, for the primary time in human historical past, two or extra events anyplace on this planet can transact and do enterprise peer to see utilizing the blockchain. On this module we introduce blockchain as “the belief protocol,” and clarify the way it represents the second period of the Web. We describe how blockchain know-how establishes belief—not by way of highly effective intermediaries, however reasonably by way of collaboration, cryptography and intelligent code.
6 hours to finish
Blockchain Design Rules
We imagine that the subsequent period of the digital economic system will be formed round a set of blockchain design ideas, which can be utilized for creating software program, providers, reinventing enterprise fashions, markets, organizations, and even governments. This module frames the blockchain revolution round seven design ideas. For every precept we describe a present drawback to be solved, determine “blockchain breakthroughs” to those issues, and focus on the implications of those breakthroughs on the digital economic system. We hope that these design ideas will help learners in considering their roles and their futures within the blockchain revolution.
5 hours to finish
Public and Personal Ledgers
The appearance of blockchain know-how forces us to rethink the upside and draw back of public revelation of transactions and contracts. The implementation, software, and doable regulation of distributed ledgers contain decisions that may critically have an effect on data disclosure and financial interactions. Whether or not the ledger is public and permissionless, such because the Bitcoin or Ethereum blockchains, or personal and permissioned, such because the Ripple or Hyperledger implementations, in precept transactions on a blockchain have a excessive native degree of transparency. On this module, you’ll learn the way privateness can will be protected in each private and non-private ledgers utilizing each procedural and technological strategies.
3 hours to finish
The Blockchain Ecosystem
Though blockchain know-how emerged from the open supply group, it shortly attracted many stakeholders, every with totally different backgrounds, pursuits, and motives. On this module, you’ll discover the roles and views of 9 classes of stakeholders inside the blockchain ecosystem, together with business pioneers, enterprise capitalists, builders, governments, regulators, leaders, and finish customers.