Blockchain for Beginners

Description

A complete guide for total beginners with no prior knowledge but a keen interest to learn about this evolving technology of Blockchain. Learners will be able to have a complete understanding of blockchain beyond cryptocurrency. Anyone can start their understanding of the fundamentals of blockchain, the blocks, nodes, public and private blockchain, and its application.

A COMPARISON BETWEEN BLOCKCHAIN AND INTERNET

The Internet is an information machine while the blockchain is a truth machine

*) The Internet is a machine of information that allows people to transmit information to each other with lower cost and higher efficiency.

*) The blockchain’s data structure, along with a combination of cryptography, timestamps and other technologies, ensures that once a piece of data is linked, it is not tampered with or revoked, but is traceable.

*) So blockchain is a truth machine compared to the Internet.

*) This is a very big difference between the Internet and blockchain.

*) In the Internet era, no matter what kind of database, the data can be revoked and changed, which means there’s no Internet-based database is immutable.

Trust mechanism is the core difference

*) The trust mechanism between the Internet and the blockchain is completely different.

*) There is no good or bad. The difference between centralized trust mechanism and the decentralized trust mechanism is not being good or bad, high or low.

*) But when the proportion of the digital economy and digital life becomes higher and higher, we may no longer rely on the centralized trust mechanism to make a trusted endorsement in some environments and scenarios.

*) Instead, using a decentralized trust mechanism is more efficient and lower-cost.

*) This is the core difference between the Internet and blockchain.

*) Decentralized trust mechanism relies on algorithms to build trust and make trust endorsement.

What You Will Learn!

• A complete beginner's guide to Blockchain technology with no prior knowledge requirement.
• No coding skill is required to understand the working mechanism of Blockchain and its applications
• Identify the applications of Blockchain beyond Cryptocurrencies and the job opportunity in this emerging technology
• Complete understanding of the concept of public and private Blockchains and able to draft a potential use case of blockchain

Who Should Attend!

• Beginner interested to know about Blockchain and explore the domain to decide their interest
• College students interested to expand their knowledge base
• Fresh graduates intend to build career in blockchain
• Non technical individuals fascinated to know know about blockchain from scratch without any technical requirement
• Individuals looking to upgrade their knowledge to switch career in blockchain
• working women turned home-makers, preparing for comeback with knowledge of latest technology
• professionals looking to understand the buzz in this domain and looking for concise structured content

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