Discover distributed ledger technology and blockchain for business
On this course, you’ll get an introduction to blockchain and DLT through a case study of a company that uses various aspects of the technologies to solve business problems.
You’ll discover how and why blockchain technologies can be used in business to improve processes and inform decision-making.
You’ll explore its Bitcoin beginnings and learn how blockchains can change how information and value is stored, transferred and coordinated.
You’ll also consider how DLT can be used to change current business models through the use of smart contracts and secure data coordination.
What will you achieve?
Explain what problems blockchains solve
Describe what the properties of a blockchain system are
Demonstrate knowledge of who the key stakeholders in the blockchain ecosystem
Compare decentralised and centralised systems, what are the pros and cons of both are and why decentralisation is a key property of a blockchain
Explain how blockchains could be used for payments
Describe how cryptography and consensus mechanisms are used in blockchain systems
Demonstrate knowledge of how blockchain can be used in supply chains
Explain what are smart contracts and how they can be applied and how they differ from concentional contracts
Apply the UCL Blockchain Framework to see if a business problem could be solved with the application of blockchain technology
Reflect on how blockchain technology could lead to transformational business models and disruption in our conventional socio-economic systems
