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Course Outline

Introduction to Blockchain

  • Storing transactions on the blockchain
  • Side chains
  • The history of Bitcoin
  • Bitcoin mining
  • General usage, trading, and online exchanges for Bitcoin

Blockchain Applications

  • Payment systems
  • Cryptocurrencies (Bitcoin Ledger)
  • Royalty collection

Bitcoin Security

  • Pseudo-anonymity in Bitcoin
  • Security measures
  • Wallet backup and restoration

Mining and Transactions

  • Digital assets
  • Distributed ledgers
  • Networks and nodes
  • Cryptography
  • Proof and distributed consensus
  • Pools and scripting

Bitcoin Scalability and Limitations

  • Transaction volumes and block sizes
  • Mining pools and centralization

Centralized vs. Decentralized Blockchains

  • Centralized blockchain
  • Decentralized blockchain

Use Cases and Opportunities for Financial Institutions

  • Domestic payments and micro-transactions
  • Cross-border payments, clearing, and settlement
  • Colored coins and digital asset ownership
  • Time-stamped records
  • Proof of ownership
  • Trading of financial assets
  • Capital markets
  • Smart contracts and assets
  • Digital identity

Conclusion

  • Bitcoin for remittances in emerging economies
  • Digital currencies and financial institutions

Requirements

  1. Must possess foundational knowledge of business operations, fiscal systems, currency encryption, and data systems
  2. A basic understanding of software and systems is required
 14 Hours

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