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Blockchain: Concept to Implementation

This CompTIA Learning Series is designed to help IT professionals, project managers, and business advisors build a foundational understanding of blockchain and how it can accelerate their business. Subject-matter experts James Stanger, Sonia Mundra, and Shirish Néné discuss the origins of blockchain, the “four T’s” (trust, transparency, traceability, tamper-resistance), how it differs from bitcoin, and why it is both disrupting and driving business. James and company close by detailing seven steps for successfully implementing blockchain into your business. To learn more about blockchain, visit CompTIA’s blockchain resource hub.

 

Why Blockchain is Important

James, Sonia, and Shirish discuss how blockchain has proliferated into both public and private industry sectors, giving examples of how opportunities in those sectors continue to expand and influence business globally. Learn why blockchain technology matters today.

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The History of Blockchain Technology

Trace the origins of blockchain from the days of Web 1.0 through to today’s “Internet of Value” with James, Sonia and Shirish. The experts introduce the 4 T’s of blockchain (trust, transparency, traceability, tamper-resistance) and the concept of distributed ledger technology. Learn more about blockchain from our resources section.

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Blockchain for Business

James and Sonia discuss five blockchain “game changers” including peer-to-peer interactions, competition for recording transaction, tokens rather than fiat currency, the inability to alter transactions once recorded, and the transparency of record keeping. Learn more about blockchain from our resources section.

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Trusting Blockchain and Cryptocurrencies like Bitcoin

Parse the difference between blockchain the technology and bitcoin the cryptocurrency with James and Sonia. Sonia further explains how initial coin offerings (ICOs) can be used to crowd-fund using blockchain but may be subject to SEC rules. Learn more about blockchain from our resources section.

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Blockchain Uses in Finance & Retail: Case Studies

James, Sonia, and Shirish discuss how established industries like finance and retail are leveraging blockchain for time and cost savings in compliance, supply chain management, and authentication. Learn more about blockchain from our resources section.

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How Blockchain and Cybersecurity Work Together

James and Shirish discuss James’s favorite topic—IT security. The guys explore how the distributed, transparent, and auto-updated nature of blockchain makes it unique from a security perspective, opening up new networking opportunities. Further, the experts discuss how blockchain makes supercomputing-as-a-service a possibility. Learn more about blockchain from our resources section.

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How does Blockchain Work?

James and Shirish discuss the nuts and bolts of blockchain, starting with the 4 T’s of its architecture and moving all the way down to the individual nodes. The guys discuss the mechanics of consensus models, including the differences between proof of work and proof of stake, and the pros and cons of each. Learn more about blockchain from our resources section.

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Blockchain DIY Tools

James and Shirish talk about the platforms and tools you can use to build out your own blockchain application. Learn more about blockchain from our resources section.

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How to Successfully Implement Blockchain into Your Business

James, Sonia, and Shirish wrap up the course by outlining seven steps for a successful implementation of blockchain into a business:

  1. Education
  2. Strategy
  3. Cost and ROI
  4. Vision
  5. Proof of Value
  6. Start Execution
  7. Connection

Learn more about blockchain from our resources section.

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