This online class outlines the basic characteristics of blockchain technology, gently introducing its key principles and applying these principles to common business situations. The class will explore situations where it makes sound business sense to deploy blockchain and also introduces some of key considerations you need to make before determining if blockchain offers the right “business fit”. No existing knowledge of blockchain is assumed in order to take part in this class, and participants will leave the class having a strong enough understanding of blockchain to confidently discuss its applicability in their own business sectors. Key concepts covered are:
· The fundamental pillars of blockchain technology – what they are, why they are important, and why they set blockchain apart from other technologies.
· How these technological pillars can be applied to business scenarios across multiple sectors, allowing participants to not only gain understanding in terms of what blockchain is, but, more importantly, how blockchain can add business value.