About the course
An Introduction to Blockchain Training Course
Blockchain has the potential to transform key industries, including financial services, utilities, logistics and more, but the first step is truly understanding the technology at its heart.
By demystifing the blockchain technology, and providing you with the skills & practical know-how needed to initiate and manage blockchain programmes within your own teams and firms, this course will enable you to join the flow of investment and take your business to the next level.
TechNOVA is delivering this interactive training course to help leading technology and business professionals get to grips with this exciting technology and understand its potential impact.
The early registration rate for our highly popular Introduction to Blockchain Training is expiring soon. You must book your place by 1 February if you want to save £100 off the standard rate.
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This course will give you the tools to begin blockchain innovation internally and the power to describe and critically evaluate blockchain based technology solutions.
Key questions to be answered include:
• What is blockchain and why is it different to Bitcoin?
• How are blockchains secure and safe to use for financial institutions?
• What are the key use cases of blockchain technology and how will it change business models?
• Who are some of the companies leading the development, and what has already been done?
• What is the role of the regulator in the future of blockchain?
• How can you begin to apply blockchain to your own company and use cases?
There will not just be teaching taking place; the course features a number of chances to break out, ask questions and participate in interactive exercises with fellow delegates.
Through attending this course you will:
- Understand where blockchain came from and who the key players in the space are
- Learn in detail how the technology works
- Explore case studies and see first-hand how it works
- Discover current uses of blockchain and the pros and cons that have been identified
- Take the first steps towards working out what blockchain might mean for your team, company and industry
How will your company benefit?
- Simplified IT infrastructure
- Faster transactions
- Improved cyber security
- Reduced cost of service
- Tamper-proof KYC
- Instant clearing and settlement
Introduction to course
- Purpose and format of course
- Welcome and introductions
- Introduction to blockchain and Bitcoin
- What is Bitcoin and why was it created?
- What other altcoins have been created and why?
- How does the blockchain differ between Bitcoin and other altcoins?
- Blockchain versus distributed ledger technology
- What impact has blockchain had across industries so far?
- The basics of blockchain – part 1
- What is hashing?
- Consensus building
- Blockchain’s cryptography
- Wallets, public and private keys
- Making “trusted third parties” obsolete
- The basics of blockchain – part 2
- Advantages and disadvantages of blockchain technology
- Scalability limitations of blockchain
- The basics of blockchain – part 3
- What is a smart contract?
- What is a distributed autonomous corporation?
- Public vs private blockchains
- Open source vs proprietary blockchains
- Real time settlement
- Discussion and Questions
- Existing blockchain technology
- Blockchain platforms
- Bitcoin blockchain
- Sectors already affected
- Review of blockchain-based apps
- Provenance management
- Prediction markets
- The policy outlook
- Government view of blockchain
- Available support for blockchain development
- Potential uses by government
- The regulators’ perspectives
- Regulation of blockchain
- The FCA sandbox
- Improving regulatory reporting
- Potential uses by regulators
- Discussion and questions
- Applying blockchain – four examples
- In this session course attendees will run through four examples of live, public domain applications for blockchain technology. Course attendees will take away an understanding of where blockchain technology is useful, how other industries are using it and some of the practical steps necessary to implement it.
- Example 1: SITA – creating a drone registry
- Permissioned data sharing
- Real-time monitoring
- Example 2: Tallysticks – simplifying invoicing
- Effect on reconciliation
- Potential for invoice financing
- Example 3: Cygnetise – database management
- Efficiency advantagesStoring sensitive data on-chain
- Storing sensitive data on-chain
- Interacting with non-blockchain sources
- Example 4: BABB – creating a bank
- Efficiency gains and transaction costs
- Role of smart contracts in holding bank account information
- Integrating with third party, non-blockchain services
Discussion and questions
- Breakout session: making blockchain a reality
- In this session course attendees will breakout into groups to begin to put into practice some of the lessons learned in the day’s training. Each group will discuss the problems their businesses face and how blockchain could help to address them. Our expert trainers will guide discussion and provide practical assistance so course attendees will have taken the first steps towards implementing blockchain at work before they walk out the door.
- Wrap-up from break-out session
- Each break-out group to present back to overall group
- Share and discuss the key lessons to take away from each break-out group
- Course summary and conclusions
- Brief summary of what has been learned during course
- Final opportunity to ask questions
- Gary Nuttal
- Course trainer, Distlytics
With over 25 years of commercial experience in a variety of industries, including retail, pharmaceuticals, commodities trading and insurance, Gary has acknowledged expertise in Business Intelligence, Data Analytics and Distributed Ledger Technology. He is a Chartered IT Professional (CITP) registered with the British Computer Society (BCS) and holds the ISEB Diploma in Business Analysis. He is regularly requested to provide education, advisory and consultancy services to organisations ranging from multi-national insurance companies through to startups using Initial Coin Offering (ICO) to fund raise.