How Blockchain Technology is Transforming Businesses


Overview/Description
Expected Duration
Lesson Objectives
Course Number
Expertise Level



Overview/Description

Just as the Internet revolutionized the way companies do business, digital innovation and blockchain technology are redefining transactions. In fact, blockchain has the potential to provide its own far-reaching business revolution. Perhaps the best-known application of blockchain is bitcoin. But blockchain is much more than that!

In this course, you'll learn about blockchain technology, how it changes the way business transactions take place, and the differences between public and private versions. You'll also learn about smart contracts, and how they enable innovation, as well as the key challenges that blockchain technology currently faces. And you'll learn about the trust paradigm and how it’s being used in business today.



Expected Duration (hours)
0.4

Lesson Objectives

How Blockchain Technology is Transforming Businesses

  • How Blockchain Technology Is Transforming Businesses
  • recognize the key changes blockchain technology introduces to how transactions take place
  • identify statements that describe how blockchain technology works
  • differentiate between public and private blockchains
  • recognize what smart contracts are and how they enable innovative applications of blockchain technology
  • recognize examples of how blockchain technology is being used in business today
  • identify challenges that could impact the rate of widespread adoption of blockchain technology by enterprises
  • Knowledge Check: Understanding Blockchain
  • Course Number:
    bs_dgt26_a01_enus

    Expertise Level
    Everyone