The Blockchain System Free Course For Beginners

Introduction

The Blockchain System is a beginner-friendly course that has been designed specifically to encourage students to explore the fundamental concepts of blockchain and its use in real life. The course has been divided into four modules, with each module covering blockchain from a different aspect. The students will learn about how blockchain authenticates transactions and distributes data to peers. The course also covers nodes connected to the network and how multiple versions of a blockchain are merged into one.

Finally, by the end of the course, students will learn about the possible opportunities and limitations of blockchain so they can understand its organizational applications.

What Will You Gain From This Course?

Following the completion of this course, the students will be able to:

1. Have a comprehensive understanding of blockchain technology, applications of blockchain, and its functionality.
2. Know about the core principles, components, and consensus mechanisms that are important parts of blockchain systems.
3. Learn about the real-life applications of blockchain, especially the user case of blockchain within the tech and finance industry.
4. Understand the role of blockchain in supply chain management, healthcare, and other important industries.
5. Analyze the blockchain architectures as well as public, private, and consortium blockchains.
6. Have a better understanding of blockchain technologies with a focus on possible applications in real life and the potential challenges
7. Evaluate the use of blockchain in solving different issues, identifying the possible challenges, and also coming up with suitable solutions in different industries
8. Make a strong base in blockchain with a better fundamental understanding of different related topics and technologies.

Skills Acquired:

1. Cryptofinance
2. NFT
3. Data Structure
4. Authenticates Transactions
5. Ledge Maintenance
6. Data Updates
7. Blockchain Limitations
8. Distributed Ledger Technology (DLT)
9. Cryptographic Hash Functions
10. Smart Contracts
11. Consensus Mechanisms

Who Can Benefit From This Course?

This course is designed for:

1. Students and blockchain aspirants looking for ways to broaden their horizons in blockchain.
2. Computer science students seeking more information about tech and its role in related fields for study and research purposes.
3. Blockchain developers and engineers actively working on software development projects and want some valuable insight into blockchain technology and its potential applications in the industry.
4. Tech and blockchain enthusiasts looking for ways to explore all the emerging technologies and the future of decentralized systems.
5. Business owners and aspiring business leaders looking for ways to leverage advanced technology like blockchain to improve their business.
6. Entrepreneurs exploring potential business opportunities in blockchain.
7. Tech enthusiasts looking for a solid understanding of the blockchain technology and its potential applications.

Course Content

4 Modules – 3 Videos – 10 Readings – 2 Peer Reviews – 4 Discussion Prompts – 2 Quiz – Certificate of Completion

Authentic Transactions and Distributing Data to Peers

The first module of this course is all about authentic transactions. The instructor introduces the basics of blockchain data to the students and explains how the data is shared among nodes in the peer-to-peer network via the Internet. The module also covers information about the interconnectivity of the nodes and their management. This module looks beyond the theory by offering video tutorials and some reading materials. Some of the most important topics covered in this course include blockchain basics, the internet of money, and blockchain data structure.

1. 1 Video
2. 3 Readings
3. 1 Quiz
4. 1 Discussion Prompt

Determining the Canonical Version of Blockchain

This is the second module of the course, and it spans around two hours. The module explores different ideas related to blockchain and some important questions related to the technology. The students will learn about how nodes add blocks to the data structure.

The learner will also learn how to maintain a consistent transaction history while adding node blocks. This section further explains why different histories arise due to different factors, such as benign yet unpredictable node outages and intentional malfeasance. The students will also learn about the role of means in collectively determining a single history. The module also includes two approaches for getting a single history: the longest chain criterion and the heaviest chain criterion. There is also a dedicated section for practicing and applying the newly learned principles.

1. 3 Readings
2. 1 Peer Review
3. 1 Discussion Prompt

Blockchain Limitations

This is the third module of the course, and it will take nearly two hours to complete. This module looks at blockchain as a domain that is still in progress. The participants will get to understand the challenges, limitations, and areas that require more work.

Since blockchain is not a perfect system and is still under development, the students will learn about its limitations and how to overcome them. Moreover, the students will explore how these limitations affect blockchain-based solutions.

1. 1 Video
2. 2 Readings
3. 1 Quiz
4. 1 Discussion Prompt

Organizational Applications of Blockchain

This module is all about the applications of blockchain and its role in organizations. The students will get to explore different opportunities in the field of blockchain. The participants can understand the role and use of the blockchain approach for centralized systems and the role of decentralization in the future. It also looks at the limitations of centralization and how blockchain can offer a solution that goes beyond offering control to a single entity.

The module will help the students learn and explore some ideas related to applying a blockchain approach to industries other than crypto finance. Students will also learn about the role of individual entities and the way they control and consolidate information.

1. 1 Video
2. 2 Readings
3. 1 Peer Review
4. 1 Discussion Prompt

Description

In the modern world, blockchain technology is revolutionizing the business industry, healthcare, finance, and nearly every other industry today. This course will offer students an in-depth introduction to the blockchain system. It also provides a deep understanding of blockchain technology, its underlying principles, and its diverse applications.

The course has been divided into four modules, each tackling a different topic. Students will learn about Authentic Transactions and Sharing Data with Peers. In this module, they will also learn how Blockchain uses DLT to create a secure, transparent, and immutable record of transactions.

The second module looks at ways to determine the Canonical Version of Blockchain. The student will get to learn about maintaining a consistent transaction history while adding node blocks. Moreover, concepts and algorithms like Proof of Work, Proof of Stake, and others are also covered in this module.

The last two modules of the course highlight the limitations of the Blockchain and the way blockchain can help in resolving some of the most important issues today. These two modules look at the strength of blockchain, its weaknesses, challenges as well as opportunities.

By the end of this course, the student will have a solid grasp of blockchain technology, its potential benefits, and its limitations. This is a perfect course for beginners, developers, and business owners who want to know more about blockchain systems.

Meet the Instructor

Stefano M. Stefan - University of California, Irvine

Dr. Stefano is a retired tech professor. He has over 35 years of experience in the industry as an educator and technical expert. He completed his BS in physics from the University of California and later went to UC Irvine for his MS in electrical engineering and PhD in environmental analysis. Since the competition of his education, he has taken up multiple leadership roles at UC Irvine, overseeing the development of innovative online courses and programs. He is known for his role as an expert in different fields, i.e., program management, research, and instructional design. Dr. Stefan has dedicated his life to promoting and endorsing educational innovation and ensuring high-quality learning experiences for students.