1. About Blockchain
2. Importance of Blockchain
3. Blockchain Training at IT Ridge
4. Course Modules
5. Training Overview
Blockchain technology and currently is the buzzword which is trolling among the aspirants. Blockchain technology creates a list of records which are called blocks and is linked with crypto currency. It is considered to be the most emerging technology. Blockchain is totally different from the data that is being preserved. The difference lies in that in traditional database the database is being stored in centralized server, with a single authority to change or delete the data but in Blockchain the data is being shared in decentralized database. It is a database of digital transaction. All the data in Blockchain is secured using crypto currency. The data can only be changed only who are authorized to do so. Blockchain mainly consists of three segments which comprise of: 1. Transaction Data: Source or the piece of information. 2. Hash: It is the unique identity of a block. 3. Hash of the previous block: The source or the information of the previous block.
Blockchain technology is one of the fastest growing technologies in this regime which has a larger impact on all the sectors of the industry. The Industry ranging from small, mid, to large scale enterprise are parts of this technology depending upon the size and workforce of the organization. Blockchain is new dimension which changes the whole perspective of the company.
Blockchain as a function has very much to do apart from data collection, as in present every sector is working under it. There are major concerns about data security and may be the data can be stolen and be in the wrong hands and can be misused for any purpose. So for this Blockchain is the answer to all the raising problems. In our company particularly we provide Training and Solutions under one roof and as it further raises it beam of expertise among the company. The training is provided by the experienced staffs that has a rich experience in this technological function.
The importance of Blockchain can be explained by further reasons:
1. Transparency: Blockchain allows the data to be secured by cryptography. It is required at every point of time. It has more demanding in each every sector like healthcare, Supply chain, and financial Institutions.
2. Integrity: It is also very important part in IT Field because the data has to be secured. And the data can be secured and cannot be distributed amongst the people without the permission of the owner. With Blockchain the data has been delegation which creates transparent look of data. Security and long term data storage is the USP of Blockchain.
3. Cost efficient: Blockchain emerges as a cost efficient program because as company may require to invest more onto security and maintenance of records for more number of years. As the data is decentralized so every individual or associated partner can look out for information that is required individually.
4. Time Efficient: The most important part of the Blockchain is that it is time bound as the second block which has hash is unique identity which stores the data of the individual and cannot be leaked at any cost. Blockchain improves that the records must be saved can be more digitally efficient as compare to more paper work in the past. So it is difficult to find the information in the old record based registers.
Blockchain is important because it has created enormous opportunity that almost every industry is using the digital transaction. Increasingly all the organizations have to explore will give truth for business. The main objective of Blockchain system is to develop a system that processes transactions in real time days. The importance of Blockchain is that it provides an environment which is absolute, and cannot be modified. There are few more key important areas which makes it more vital tamper proof record in a decentralized manner. The few key importance of Blockchain is as follows:
1. Making Voting more transparent: This one of the most important and crucial thing which makes voting more transparent. That means no fake voting will be done that will give fair result off-course in the long run.
2. Creating Different financial Instruments: Blockchain helps in creating different financial instruments which make digital transaction smoother.
3. Keeping record of Physical Product: Keeping the records of physical product that is inventory in store so it keeps a check on keeping on hand quantity of physical product more fruitful.
4. Digital Identity Systems: Human error will become less when digital identity system is started then identity of the individuals will not be tampered. Improvement in system will be done and therefore it means standardization of system without any discrepancy.
As for any piece of information block is being changed then all subsequent blocks will be modified. One of the main reasons of Blockchain has gained popularity that the technique is being used by Bit coin. As it is a crypto currency to keep a full ledger which keep transaction safe and secure. The other benefit of Blockchain is that you can tokenize the physical assets. Token can be used to represent ownership of a company. Additionally you can tokenize physical products like gold, silver, and other assets. Blockchain is one of the biggest revolution of all times which has created tremendous opportunity and act as game changer in the generations of tomorrow. These are sufficient indications that Blockchain act as sufficient medium which is done for betterment of tomorrow.
|Course Duration||5 Weeks|
|Faculty/Trainers||6+ Years of Experience in the field|
|Training Level||Beginner to Advanced|
|Number of Lectures||60 lectures|
|Training Materials||Will be provided|
|Mode of Training||Corporate and Online|
|Oppurtunity Level||Entry level to Advanced|