This course focuses on the revolutionary impact of blockchain technology—what it is and how it promises to bring sweeping change. Blockchain has the potential to become a major force for innovation, changing the way you process everything with records—from registrations, records of ownership, transfers of value and stock purchases, to identities and health care. The basic blockchain characteristics that successfully create a secure and trustable infrastructure to support the Bitcoin cryptocurrency system are disrupting how we create and use ledgers, which, in turn, has the potential to bring significant value to the global economy and provide new capabilities that enhance government and business functions. But blockchain use is not limited to cryptocurrencies. Other blockchains are being developed.
Upon completion of the course the learner will be able to:
- Provide a high-level explanation of what blockchain is and how it works.
- Identify the key roles or players that are impacted by this technology.
- Determine the risks and benefits associated with implementing blockchains.