The Basics of Blockchain

Overview/Description
Bitcoin is a cryptocurrency - a digital currency system that's protected through the use of cryptography and driven by a database technology known as Blockchain. In this course, you'll learn the basics of Blockchain, including Bitcoin keys, units, and transactions, the pros and cons of Bitcoin, and ledgers. You'll also learn about cryptocurrency and the underlying technology behind cryptography.

Target Audience
Professionals who want to leverage Bitcoin technology in their field of expertise

Prerequisites
None

Expected Duration (hours)
1.2

Lesson Objectives

The Basics of Blockchain

• start the course
• describe how Bitcoin pricing is established
• describe the Bitcoin community
• describe the basic elements to start buying and selling Bitcoin
• describe the incremental Bitcoin units
• provide an overview of capital markets and Blockchain technology
• describe the various problems with Blockchain technology
• provide an overview of current and future Blockchain opportunities
• describe the Blockchain ledger
• explain the differences between single, double, and triple entry accounting
• explain the purpose of ledgers, and the differences between local and distributed ledgers
• explain qualities, differences, benefits, and drawbacks of centralized and decentralized ledgers
• explain the various aspects of cryptocurrency
• describe the basic elements of cryptography
• explain the application and uses of cryptography throughout history
• describe how encryption works
• describe hash functions
• explain the differences between symmetric and asymmetric cryptography
• describe digital signatures and their uses
• describe digital certificates and their uses
• describe the basics of Blockchain, ledgers, cryptocurrency, and cryptography