Blockchain workshop

Course objectives

A basic understanding of blockchain technology, bitcoin and other cryptocurrencies and their potential.

Benefits

Participants will get to know:

• origins, philosophy and assumptions behind blockchain technology,
• differences between blockchain, Bitcoin and other cryptocurrencies,
• basic cryptographic concepts,
• use cases for blockchain in various industries.

Participants will be able to:

• understand the potential of blockchain and cryptocurrencies and changes that they will likely bring to the economy of the near future,
• evaluate usefulness of blockchain-based technologies to practical problems they encounter in business.

Training scope

• Introduction, outline of the workshop. What is blockchain technology, Bitcoin, Ethereum? History of cryptocurrency networks. Overview of popular implementations.
• Principle of operation of a programmable blockchain network on the example of Ethereum. Basic cryptographic concepts and available tools.
• Practical exercise – user accounts and interaction with the Ethereum network in a browser.
• Reaching consensus in the network, i.e. consensus algorithms (PoW, PoS).
• What are smart contracts? Principle of operation and application. How to design, test and implement smart contracts from the browser?
• Practical exercise – the first smart contract.
• What problems does blockchain technology solve? Tamper-proof accounting. Undisputed register.
• What are decentralised applications and how do they work?
• The blockchain in the corporation. How to run a corporate network? Algorithm PoA.
• Initial Coin Offering (ICO) campaigns – an innovative funding mechanism. Types of tokens.
• Practical exercise – we create our own cryptocurrency.
• Applications of blockchain technology in various industries, their groundbreaking potential and development perspective. Discussion

Audience

Banking sector professionals, both business and IT departments.