Fundamentals of Blockchain Technology
Description
Blockchain is a disruptive foundational technology which will transform the manner with which a multitude of industries will carry out trusted tractions. Upon completion of this module students will be able to provide an overview of the nuanced characteristics of blockchain technologies and identify blockchain solutions and services which organisations can adopt. Students will learn the core concepts which encompass blockchain which include private and public blockchain, cryptocurrencies, protocols, nodes, decentralisation, and digital assets. Students will also evaluate how other technologies such as web 3.0, cloud computing, the Internet of Things (IoT) and artificial intelligence are fusing with blockchain as part of new technology stacks.
Learning Outcomes
Appraise the basic concepts and principles of blockchain and its potential applications and limitations in various industries
Synthesise the evolution of blockchain and decentralisation
Formulate strategies for deploying blockchain business solutions
Critically evaluate the concept of smart contracts and their role in automating business processes and agreements
Critically assess the challenges and risks associated with implementing blockchain in a business context, including scalability, interoperability, and regulatory compliance
Research how blockchain can be merged with legacy and emerging business technologies