Blockchain Revolution in Financial Services Specialization Free Course For Beginners

Introduction

Blockchain Revolution in Financial Services Specialization is a beginner-friendly specialization program and offers an introduction to blockchain technology for financial services. Students will get to learn about blockchain, how it works, its applications, and the way it changed different industries. Participants in this specialization will get to learn about different types of crypto assets and their transaction process on the blockchain.

The students will get to learn about workflows, global payments, and prosperity. By the end of this course, the students are expected to come up with a strategic action plan that can help identify core problems in the financial industry that can be resolved by using blockchain.

What Will You Gain From This Course?

By the end of this specialization, the student will be able to:

1. Understand and use seven design principles for the “Blockchain Revolution.”
2. Get familiar with different blockchain chain-related terms like miner, hash, nonce, consensus mechanism, public key cryptography, crypto asset, smart contract, DApp, and self-sovereign identity.
3. Know about all the fundamental concepts of blockchain technology.
4. Discover all the possible applications of blockchain within financial services.
5. Evaluate the impact of blockchain within traditional financial institutions.
6. Come up with a strategic approach to using blockchain technology.
7. Comprehend some of the top challenges that stand in the way of using blockchain technology.
8. Get familiar with some of the most important ways blockchain can be used in real life and within the financial services industry.
9. Know about some of the industry standards for crafting blockchain-based solutions.

Skills Acquired:

1. Collaborative Working Environment
2. Blockchain (Database)
3. Open Collaboration
4. Access Structure
5. Object Binding
6. Alcatel Business Communications
7. Centurylink
8. Base Address

Who Can Benefit From This Course?

This course is designed for:

1. Professionals working in financial services, bankers, investment professionals, and insurance agents looking for in-depth knowledge about the use of blockchain in making financial processes seamless.
2. Professionals working in finance seeking tech solutions to reduce cost, boost efficiency, and streamline the work process.
3. Financial experts seeking ways to boost the security of the financial system.
4. Tech experts looking for ways to improve the financial system and learn about the use of blockchain.
5. Tech enthusiasts seeking ways to revolutionize the blockchain system.

Course Content

4 Courses – 18 Modules – 184 Videos – 94 Readings – 65 Quizzes – 17 Discussion Prompts – 5 Peer Reviews – 4 Plugins – Certificate of Completion

Introduction to Blockchain for Financial Services

This is the first course in the series and consists of five modules. This course is all about the basic introduction of blockchain, its use, and common terms and concepts used within blockchain. The students will learn about some of the most important terms within blockchain, including miner, hash, nonce, proof-of-work, and public key cryptography. There is a dedicated section with a step-by-step blockchain transaction process as well as simple design principles used for blockchain technology.

The students will get to explore some challenges linked with implementing blockchain technology in real life, the limitations of the internet for business or the economic world, and ways to resolve issues using blockchain.

1. 65 Videos
2. 33 Readings
3. 32 Quizzes
4. 6 Discussion Prompts

Blockchain, Cryptoassets, and Decentralized Finance

This course has four modules and looks at some of the most important concepts within blockchain, including cryptoassets and Decentralized Finance systems. The students will get familiar with different types of crypto assets, their role in “tokenizing” an asset, and how it can be done.

There is a dedicated section for smart contracts, their applications, and ways to make a smart contract. Moreover, students will get to explore some features of a distributed, self-sovereign identity system as well. Finally, there is a module for exploring some of the core functions of the financial service industry and the way blockchain helps in the disruption of each function.

1. 50 Videos
2. 26 Readings
3. 16 Quizzes
4. 7 Discussion Prompts

Blockchain Transformations of Financial Services

This course is all about using blockchain in financial services. The course has four modules and looks at the eight functions of the financial services industry and how blockchain helps in the disruption of these functions.

The students will learn about the role of blockchain and the way it transforms the role of financial managers and CFOs in the current world. The students will also get to explore some inefficiencies linked with the global payments infrastructure that we have today and the way these issues can be resolved by using blockchain technologies.

Finally, the participants will get familiar with the limitations of blockchain, the possible threats it can create, and some opportunities for blockchain technology that can be used for resolving issues in central banks.

1. 44 Videos
2. 17 Readings
3. 16 Quizzes
4. 2 Discussion Prompts

Blockchain in Financial Services: Strategic Action Plan

This course digs deeper into the strategic action plan that will be important for using blockchain within the financial system. This course has five modules and helps in identifying new opportunities, concepts, and ideas related to blockchain. It also looks at the way these ideas can be used to resolve the limitations of the current financial services industry.

The students will learn about some new ideas, the way to explain these ideas, and how to create value from these ideas for the customers. The students will also get to highlight the business model decision required for assessing the feasibility of new ideas. Finally, by the end of this course, the participants will get to make an action plan and execute this plan based on the new idea, budget, project roadmap, and coherent strategic action plan.

1. 25 Videos
2. 18 Readings
3. 1 Quiz
4. 2 Discussion Prompts
5. 5 Peer Reviews
6. 4 Plugins

Description

This is an online program that specializes in four courses. This specialization offers an in-depth understanding of the blockchain system and the way it is changing the world and securing our financial system. This training program is created to help beginners look around, identify an issue, and come up with a blockchain-based solution. The students can easily come up with an action plan that can help in resolving the issue.

The first course of this specialization program offers an introduction to blockchain within the financial system. The second and third courses cover some important blockchain concepts and the way it is transforming the financial system. Finally, the last course helps the students come up with a strategic action plan. This strategic plan includes the idea, workflow, presentations of the idea, and its execution plan that can be pitched to the investors.

Following the completion of this specialization, students will be able to come up with their own strategic action plan that can help them identify and evaluate the possible applications of blockchain in financial services. This specialization works in investigating both the solutions available and the ways to come up with better solutions in the financial world.

Meet the Instructor

Don Tapscott - Adjunct Professor – INSEAD

Don Tapscott is a leading expert in the field of technology and business. He has earned his reputation as one of the tech-savvy business experts offering tech solutions for the business world. Apart from his academic work, he has written numerous books on blockchain. He is the author of "Wikinomics" and "Blockchain Revolution" (a book he co-authored with his son, Alex).

His research focuses mainly on using blockchain as a transformative power that has the potential to resolve issues in different industries. He has also co-founded a Blockchain Research Institute and has built his reputation as a renowned tech thinker in the field. Tapscott's insights have been recognized as influential in the industry. He is helping in shaping our understanding of technological revolutions and their implications for the world.