Blockchain Basics
Learn Blockchain Technology with this Free Course
Enroll now for a free course on Blockchain Basics and gain essential knowledge on decentralized technology. Equip yourself with the fundamental principles and terminologies to stay ahead in the rapidly evolving world of blockchain
What you learn in Blockchain Basics ?
About this Course
This course is designed to help you gain a comprehensive understanding of blockchain technology and its potential applications in different industries.
We'll start by introducing you to the basics of blockchain, including its definition and how it differs from traditional databases. We'll then delve into the role of intermediaries in the current system and how blockchain technology can eliminate the need for them. We'll also cover the concept of blockchain cryptography and its role in ensuring the security of transactions. Next, we'll explore the key components of blockchain technology, such as accounts, blocks, transactions, and Merkle trees. We'll also discuss the consensus mechanism and how it ensures that the network agrees on the state of the blockchain. We'll go over the two most popular consensus mechanisms - Proof of Work and Stake.
We'll then explain how blockchain transactions work and the different types of transactions available. We'll also take a closer look at the blockchain ecosystem and why industries need blockchain technology to revolutionize their operations. We'll discuss the challenges faced by industries when adopting blockchain technology and provide you with real-life examples of how blockchain is being used in different industries.
Throughout the course, we'll provide you with opportunities to apply what you've learned through practical exercises, case studies, and demonstrations. This will help you gain a better understanding of how blockchain technology can be applied in the real world.
Interested in going forward with advanced skills in Blockchain? Great Learning and IIT Madras offer an Advanced Software Engineering for Blockchain course that falls under your software aspirations. Enroll in this paid program and earn a certificate of course completion.
Course Outline
A Blockchain is known as a digital ledger of all cryptocurrency transactions. This module aims to give you a brief on Blockchain and discuss its various characteristics to help you thoroughly understand its concept.
The module helps you understand the idea of the usage of Blockchain, where the database shows its limitations. You will learn about the typical architecture of databases as well as Blockchain. Problems in databases, advantages of Blockchain, and differences between databases and Blockchain are discussed.
Here, you will learn about the role of intermediaries in traditional systems. You will start by comprehending the function of the intermediaries. The concept will be understood better with the help of the tourism industry example.
Cryptography holds a significant role in Blockchain. Hence, this module focuses on introducing you to cryptography with the help of a diagrammatic example. You will go through types of cryptography in which you will learn about hashing and Merkel trees.
To understand the function of a Blockchain, you must be familiar with its terminologies. This module enlightens you with the private keys, transactions, and blocks, where you will also go through the bitcoin example and the Merkel tree with a block.
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2.5 Hours
of self-paced video lectures
