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Course Details: Blockchain Level-1

Blockchain Level-1

The blockchain is a simple yet ingenious way of passing information from A to B in a fully automated and safe manner. One party to a transaction initiates the process by creating a block.

Blockchain certification aiming to impart in-depth practical knowledge in Blockchain technology.

As demand for Blockchain professionals is soaring, this Blockchain certification will prove to be your competitive advantage giving enterprises confidence in the quick hire.

This Blockchain online course is ideal for professionals like developers, project managers, technology or solution architects, support professionals, team leads, product managers, and business analysis.

Blockchain was launched in August 2011 and was founded by Ben Reeves a founding team member at the cyrpto-currency exchange Coinbase. Reeves had a differing opinion on the future of Coinbase, so he left Coinbase to start Blockchain , which provides data on recent transactions, mined blocks in the bitcoin blockchain, charts on the bitcoin economy, and statistics and resources for developers.

 

Introduction to Blockchain and Web

 Business runs on information. The faster it’s received and the more accurate it is, the better.

Blockchain is ideal for delivering that information because it provides immediate, shared, and completely transparent information stored on an immutable ledger that can be accessed only by permissioned network members.

A blockchain network can track orders, payments, accounts, production, and much more. And because members share a single view of the truth, you can see all details of a transaction end-to-end, giving you greater confidence, as well as new efficiencies and opportunities.

Blockchain Developers specialize in creating and implementing technical solutions for organizations with a Blockchain Technology

1st Generation of Blockchain_Bitcoin Blockchain

The first blockchain was conceptualized by a person (or group of people) known as Satoshi Nakamoto in 2008.

Nakamoto improved the design in an important way using a Hashcash-like method to timestamp blocks without requiring them to be signed

by a trusted party and introducing a difficulty parameter to stabilize rate with which blocks are added to the chain.

The design was implemented the following year by Nakamoto as a core component of the cryptocurrency bitcoin,

where it serves as the public ledger for all transactions on the network.

2nd Generation of Blockchain_Enthereum Blockchain

Ethereum was initially described in a white paper by Vitalik Buterin, a programmer and co-founder of Bitcoin Magazine, in late 2013 with a goal of building decentralized applications.

Buterin argued that Bitcoin and blockchain technology could benefit from other applications besides money and needed a scripting language 

for application development that could lead to attaching real-world assets, such as stocks and property, to the blockchain

Ethereum was announced at the North American Bitcoin Conference in Miami, in January 2014.

During the same time as the conference, a group of people rented a house in Miami: Gavin WoodCharles Hoskinson, and Anthony Di Iorio from Toronto who financed the project.

3rd Generation of Blockchain

The third generation of blockchain is "Cardano". Cardano is a cryptocurrency network and open source project that aims to run a public blockchain platform for smart contracts.

Hoskinson knew that the blockchain needed to evolve even more. He took the positive elements from the first two generations of blockchain and added some elements of his own. What came about from that was Cardano.

The three elements that Cardano wanted to solve were:

  • Scalability.
  • Interoperability.
  • Sustainability.
Enterprise Blockchain_Hyperledger By Linux Foundation

The objective of the project is to advance cross-industry collaboration by developing blockchains and distributed ledgers, with a particular focus on improving the performance and reliability of these systems (as compared to comparable cryptocurrency designs).

so that they are capable of supporting global business transactions by major technological, financial and supply chain companies.

 The project will integrate independent open protocols and standards by means of a framework for use-specific modules, including blockchains with their own consensus and storage routines, as well as services for identity

, access control and smart contracts. Early on there was some confusion that Hyperledger would develop its own bitcoin-type cryptocurrency, but Behlendorf has unreservedly stated that the Hyperledger Project itself will

never build its own cryptocurrency.

Enterprise Blockchain_R3_Corda

Corda is a private permissioned blockchain platform that enables businesses to transact directly and in strict privacy with one another using smart contracts.

... Gain a competitive advantage by offering new ways of doing business.

Corda is a private permissioned blockchain platform that enables businesses to transact directly and in strict privacy with one another using smart contracts.

In a world of permission-less blockchain platforms in which all data is shared with all parties, Corda Enterprise’s unique privacy model allows businesses to

transact securely and seamlessly while reducing transaction and record-keeping costs and streamlining business operations.

Tokenization

The concept of tokenization has actually been around since the 1970s as a data security mechanism for financial services.

Traditional finance companies implement tokenization to protect confidential information such as financial statements, credit card numbers, and other personally identifiable information. Tokenization is also defined as the method to convert ownership rights in an asset into a digital token.

Your apartment worth $200,000 can be converted into 200,000 tokens, where each token is equal to 0.0005% share of the apartment.

Blockchain is an immutable public ledger that ensures once you purchase tokens, you cannot delete the ownership, whether it is registered on the government-run registry or not.

It is now clear why blockchain is implemented in such services. So, we took an asset, tokenized it and built its digital representation on the blockchain.

Future of Blockchain

In March 2010, Bitcoin had a value of less than a penny. Less than a decade later, each Bitcoin had a value of almost USD 20,000 and early investors were driving Lamborghinis.

And while the excitement around Bitcoin will always be intrinsically tied to the price, its ubiquity drove blockchain, the technology that secures cryptocurrency, into the tech spotlight.

Blockchain skills became one of the most sought-after proficiencies in the world with the demand increasing by almost 2,000 percent from 2017 to 2020.

David Furlonger, Distinguished Research VP at Gartner has said, “60% of CIOs in the Gartner 2019 CIO Agenda Survey said that they expected some level of adoption of blockchain technologies in the next three years.”

Whether you’re a Bitcoin bull or bear, there’s no denying that with each new blockchain use case, there’s a building excitement for what’s next for blockchain.

Fee ₹ 3000.00
Enroll Now

This course includes:

3 weeks on-demand classes
4 hours per day effort
Many downloadable resources
Full lifetime access
Access on mobile and TV
Certificate of completion