Blockchain Strategy Bootcamp

Course Introduction

The name Blockchain is derived from the way transaction data is stored in blocks linked to the chain. Blockchain grows with the number of transactions. Blocks record and verify the timing and sequence of transactions and log on to the blockchain within separate networks governed by rules agreed upon by network participants. Each block contains a hash, which is a digital fingerprint or unique identifier, a timestamped batch of recent valid transactions, and a hash of the previous block. The previous block hash ties up blocks together and prevents blocks from being modified or inserted between two existing blocks.

Blockchain has four concepts. The first is a shared ledger. It is a distributed, attachment-only system of record shared across the corporate network. With a shared ledger, transactions are recorded only once, eliminating the duplication of effort common in traditional business networks. The second is permissions that ensure transactions are secure, authenticated, and auditable. By limiting network participation, organizations can more easily comply with privacy regulations such as the Health Insurance Portability and Accountability Act (HIPAA) and the EU General Data Protection Regulation (GDPR). The third is smart contracts. It is a contract or set of rules governing business transactions. Stored on the blockchain and automatically executed as part of the transaction. The fourth is consensus, where all parties to a transaction validated by the network agree.

This Oxford Management Centre training course will highlight:

• Blockchain in financial services
• Smart contracts
• distributed ledger
• Allocation of liability on distributed ledgers
• Governing blockchain
• How to determine applicable law

 

Objectives

This blockchain training is designed to give participants a thorough understanding of blockchain technology and the skills necessary to create and manage blockchain networks. 

 At the end of this training course, you will learn to:

• Comprehend the blockchain and distributed ledger technology
• Determine how Blockchain can support the business operations
• Explain the different components involved within Blockchain 
• Know the added values of Blockchain to the ecosystem
• Identify at a high-level what cryptocurrency is

Training Methodology

This training course about ‘Blockchain Strategy Bootcamp’ is structured upon instructions on the latest educational practices which is combined with real-world case studies, video adaptations, self-assessments, participatory discussions, and many exercises to make the course a stimulating and enriching learning experience.

Organisational Impact

The organization should provide employees with a general understanding of essential concepts of blockchain technology, the fundamentals required to program and develop cryptocurrency applications, what the blockchain protocol is, and how cryptocurrencies fit into it. Having knowledge that provides a broad overview can greatly benefit security teams from understanding the inner workings of the relationship between the physical computer or device infrastructure and the security of a particular blockchain network.  Understanding how they work together is a significant advantage for the company. 

Course Outline

Day One

Overview

Day Two

The Use of Blockchain in the Financial Industry

Day Three

Allocation of Liabilities

Day Four

Smart Contracts

Day Five

Coding in Blockchain