Blockchain Digital Transformation
Description
Digital transformation is defined as the manner with which new emerging digital technologies transform the business models of organisations. Blockchain itself is a new and innovative business model which has created new opportunities for organisations and consumers to create and capture value. However, the ability to find the right blockchain business models and implementation strategy is challenging. The objective of this module is to equip students with knowledge of how do develop blockchain-based business models and strategies that improves how businesses work while also concurrently benefiting end users. The module will also explore how other technological developments such as the Internet of things (IoT), Cloud Computing, and Artificial Intelligence (AI) are diffusing with blockchain to create new business models and strategies encompassing new business value.
Learning Outcomes
Critically analyse the characteristics of digital transformation
Appraise the impact of blockchain digital transformation
Critically examine centralised and decentralised business models within the context of blockchain and identify the key nuances between them
Critically appraise various blockchain business models and their effectiveness in different industries
Research how to create and develop robust blockchain business models
Evaluate the role of business strategy when creating blockchain business models and analyse how to successfully align both concepts