Blockchain Theory 101

Basic description, applications, and implication of blockchain technology

Created byMelanie Swan

Last updated 6/2017

English

English [Auto],

What you'll learn

Understand the basics and potential applications of blockchain technology

Course content

8 sections • 22 lectures • 1h 27m total length

Welcome to Blockchain Theory 101!0:25
Introduction to Blockchain Theory 101
Revolutionary Impact of Blockchain Technology0:41
Definition of Blockchain Technology2:46
Blockchain technology acts as a software protocol on the internet to transfer money or assets, with Bitcoin as one application and a global ledger preventing double spending.
Smartnetworks: the Larger Context of Blockchain2:16
Hierarchy is not scalable: Blockchain is necessary1:55
Blockchain creates a decentralized financial network that scales beyond hierarchical banks, using algorithms to verify identity and wallet balances across a global network, boosting financial inclusion.
Long-tail economic and governance systems1:43
Blotching unlocks the long tail of economics, finance, and governance by enabling tailored terms and finding counterparties without traditional intermediaries. The network enforces trust and contract terms through algorithmic escrow.

Cryptographic Wallets4:30
digital wallets store public and private keys that grant access to bitcoin. they enable transfers by address or qr code on an open, pseudonymous ledger, with backups essential.
Blockchain Global Peer-to-peer Software Network4:59
Examine how a global peer-to-peer blockchain runs with thousands of nodes hosting Bitcoin transactions and a growing transaction ledger, with blocks formed every 10 minutes and miners confirming activity.
Bitcoin Mining: How does it work?4:49
Explore how bitcoin mining uses specialized chips to guess a nonce, validate transactions, and earn block rewards plus fees, updating the blockchain every 10 minutes.
Bitcoin Scalability4:17
Blockchain Risks: Technical, Regulatory, Perception7:08

Financial Services, Logistics, Healthcare, Energy, IoT10:13
Explore blockchain's role in digital payments and a unified ledger that streamlines asset transfer, with applications across financial services, smart contracts, supply chain, health care, energy, and internet of things.
Smart Assets and Financial Services: Stock, Bond, Options, Futures, Insurance2:14
Register and transact stocks, bonds, options, treasuries, and insurance on a blockchain, enabling immediate asset transfers and mortgage automation via smart contracts.
Governance: Legal Document Registries, Titling6:12
Governance: Voting, Legal Contracts5:26
Explore blockchain-based governance with various voting models—quadratic, cumulative, delegated democracy, random sampling, and Page Rank—plus proof of existence for legal contracts and document integrity.

Decoupling Decision-making and Automated Execution3:39
Map your processes to identify network coupling points where information or asset transfers occur, then separate human decisions from automated execution to enable blockchain-driven leadership, client applications, and cost savings.
Smart Contracts: Bitcoin, Ethereum3:46
Bitcoin powers the original big blockchain for immediate cash transfers. Ethereum enables a virtual computer for smart contracts and future transactions.

Requirements

You should be interested in blockchain technology

Description

Executives, strategists, CTOs, IT professionals, developers and other interested parties will gain an understanding of blockchain technology (including mining, consensus algorithms, smart property, and smart contracts). The current status of blockchain technology, potential applications in Financial Services, Logistics, Healthcare, Energy, and IoT, and next steps regarding its deployment in your organization are discussed.

Who this course is for:

Anyone who wants to learn about blockchain technology

Blockchain Theory 101

What you'll learn

Explore related topics

Course content

Blockchain Introduction and Background6 lectures • 10min

Technical Aspects of Blockchain Technology5 lectures • 26min

Payment Networks2 lectures • 5min

Blockchain Applications4 lectures • 24min

Blockchain Implementation2 lectures • 7min

Blockchain Consensus Algorithms1 lecture • 9min

Practical Considerations of Blockchain Technology1 lecture • 5min

End of Course - Congratulations!1 lecture • 1min

Requirements

Description

Who this course is for: