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Introduction to Bitcoin, Blockchain and Cryptocurrencies Diploma Course


Centre of Excellence

Summary

Price
£49 inc VAT
Study method
Online
Duration
150 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
150 CPD hours / points
Achievement
Certificates
  • Certificate of completion - Free
Additional info
  • TOTUM card available but not included in price What's this?

12 students purchased this course

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Overview

5 Modules

  • Certified Course
  • Accredited Course
  • Online study
  • Tutor support
  • No time limit for completing your course
  • 150 hours of study

Achievement

Certificates

Certificate of completion

Digital certificate - Included

CPD

150 CPD hours / points
Accredited by The CPD Certification Service

Description

‘Bitcoin’ – Most of us sit in one of two camps when it comes to Bitcoin. We’ve either never heard of it or we know a little but don’t truly understand its importance. This course will guide you step-by-step through what Bitcoin, blockchain and cryptocurrencies are, how they work, how to use them, and how and why you should invest in them.

EVERY informed person needs to know about Bitcoin because it might be one of the world’s most important developments.

Leon Louw, two-time Nobel Peace Prize nominee.

From the Introduction to Bitcoin, Blockchain and Cryptocurrencies Diploma Course, you’ll learn the basics of the Bitcoin architecture, how the cryptocurrency works, how you can use it and how its entire ecosystem is organised – giving you a foundational knowledge of Bitcoin, cryptocurrencies and blockchain applications.

Bitcoin is one of over 1,000 cryptocurrencies now used on the internet. In the course, we focus on Bitcoin specifically, as it was the first and has both the highest market capitalisation and largest community behind it. Studying Bitcoin will give you a solid understanding of how cryptocurrencies work and will make it easier to study others, as well as non-currency blockchain applications such as smart contracts, both of which you will explore briefly in the course.

A Little About Bitcoin

In October 2008, someone – or a group of people – using the pseudonym ‘Satoshi Nakamoto’ published a white paper on the Cypherpunk mailing list. The paper detailed Bitcoin, a digital currency that functions on a peer-to-peer network, mimics cash in the online environment and is free from censorship.

The following year, Nakamoto released the first version of the Bitcoin Core software and since then it has grown from being run by a few friends, to a network of over 10,000 computer nodes around the globe. The Bitcoin network continues to gain traction and with it, the adoption of the cryptocurrency has become more widespread, with the price of a bitcoin growing in value from pennies in 2009 to peaking at over £14,000 in 2017.

Whilst it was the forerunner, Bitcoin is no longer the only cryptocurrency, with over a thousand other cryptocurrencies now in use. It has also inspired the development of digital assets and decentralised applications (DAPPs) that use the technology that powers Bitcoin – the blockchain, and, as of 2017, the ‘crypto market’ has a combined capitalisation that exceeds £375 billion. This continues to grow, with new assets created daily and the value of those already in the market, such as Bitcoin, continues to rise.

With cryptocurrencies and blockchain joining the mainstream, major banks and technology companies have started their own blockchain projects and are exploring the potential of the technology. Financial institutions, technology companies and governments recognise the value of the technology that underlies cryptocurrencies and how it could bring efficiency to finance and power other applications such as smart contracts, decentralised cloud storage, supply chain management, internet of things (IOT) systems and asset provenance, among others.

Isn’t it time you understood this multi-billion-pound industry?

Who is this course for?

This course is for anyone who wants to understand what blockchain and cryptocurrencies are. Although Bitcoin has been around since 2009, interest is increasing rapidly, as are the addition of other cryptocurrencies and the development of the technologies involved. Whether you are considering investing, want to get involved with the technology or just want to make sure you don’t get left behind, this course will bring you up to speed and bestow the knowledge you need to understand the future.

Requirements

none

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FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.