Placeholder

Blockchain Briefing,Jhb,21Aug

To book scroll down

Presented by Paul Tatro, Founder, Blockchain U Online and Author of “Blockchain Uchained”, an Amazon best seller
Jhb, Tues 21

You will gain a well- informed appreciation of the essentials of Blockchain, the organisational considerations for structure, sourcing and governance processes.  The impacts of Blockchain on business, how to integrate with legacy, AI and IoT and the reality of the contemporary Token economy.  All this and more from the most informed independent Blockchain consultant in the US.

WHAT YOU NEED TO KNOW ABOUT BLOCKCHAIN; IT WILL REVOLUTIONISE BUSINESS PRACTICES

  • Learn – in real world examples – what a Blockchain is, how it works and which business processes are already benefitting from  the technology
  • Understand the power of the distributed network and how the concept of immutability can lower transactional risk across the Blockchain
  • Learn how identity is handled from a Blockchain perspective and how irrefutable identity verification can increase trust between parties of a transaction
  • What are the four Elements of Consensus?
  • Paper contract vs. Smart Contract comparison
  • Get an introduction to the role Blockchain is playing in the Internet of Things (IoT) and understand how extending the power of Blockchain to devices can lead to faster validation and safer transactions
  • Understand the changing role of the CIO
  • Understand the Blockchain “Technology Stack” and the component parts
  • Learn the decision points for deciding on using a Blockchain or not
  • What Blockchain isn’t and the possible role it will play in the future that includes IOT and AI
Category: , .

Program

 

What is Blockchain?

  1. Definition – learn what a Blockchain is and how it works
  2. What Problem does Blockchain solve?  Learn the impact on back-office systems.
  3. Learn the characteristics of a Public Blockchain
  4. Learn the characteristics of a Private Blockchain
  5. Advantages of Blockchain

How do Blockchains work?

  1. Hashing and how it works with Blockchain.
  2. Find out about SHA256 hashing algorithm.
  3. What are Blocks?
  4. What makes a Blockchain?
  5. Learn how blocks are linked together and how they interact with each other in a Blockchain.
  6. How does the distributed network protect Blockchains?
  7. Using a distributed ledger and the power of a network of users gives advantages to the system never before available in computing.
  8. How are Tokens represented in Blockchain?
  9. Where does application data fit into a block?
  10. What role does the Merkle Root and Merkle Tree play in Blockchain?

Identity & Transactions

  1. Digital Signature Definition
  2. Learn the differences and relationship between Signature (private) and Verification (public) Keys
  3. Understand the process flow of how keys are created and then used in the system to identify participants in a transaction
  4. Learn the benefits of Digital Signatures
  5. 5.    Follow the process for creating an example [Bitcoin] transaction on a blockchain

Gaining Consensus

  1. What are the two general Consensus approaches?
  2. What are the four Elements of Consensus?
  3. What four competing objectives cause the need for different Consensus approaches?
  4. Learn how Proof of Work (PoW) works
  5. How is consensus gained in PoW?
  6. Learn how side branches happen and how to measure the longest branch.

Smart Contracts and Oracles

  1. What are Smart Contracts?
  2. Paper contract vs. Smart Contract comparison
  3. What is an Oracle and why do Smart Contracts need them?
  4. Learn what are the different kinds of Oracles and how do they work?
  5. Learn the process flow of how Smart Contracts work

Sample Applications and the Future of Blockchains

  1. Review an accounting use case and see this example with and without a Blockchain and note how these types of applications are impacted by Blockchain
  2. Review a provenance use case and see this example with and without a Blockchain and note how these types of applications are impacted by Blockchain
  3. Review a data notary use case and see this example with and without a Blockchain and note how these types of applications are impacted by Blockchain
  4. Review a Internet of Things (IOT) use case and note how these types of applications are impacted by Blockchain. [includes video]
  5. Understand how Blockchain impacts identity with the Internet of Things.

Blockchain Governance and Organizational Impact

  1. Changing role of the CIO
  2. Learn the different Governance approaches for managing a Blockchain environment
  3. Understand the Blockchain “Technology Stack” and the component parts
  4. Dealing with the “Network Effect”
  5. Consider a skunk-works project – NOW!

Additional Information

Date and Time

Tues 21

Location

JHB