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Blockchain Training: Page Overview

1. About Blockchain
2. Importance of Blockchain
3. Blockchain Training at IT Ridge
4. Course Modules
5. Training Overview

About Blockchain

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.

The importance of Blockchain can be explained by further reasons:

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 Training at IT Ridge

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.

Blockchain Training Course Content

    1. What is Blockchain?
    2. History of Blockchain
    3. Explaining Distributed Ledger
    4. Blockchain ecosystem
    5. Explaining Distributed
    6. Types of Blockchain
      a. Private/Consortium/Permission – less
      b. Public/Permissioned
    7. What Blockchain has to offer across Industry?
    8. Companies currently using Blockchain
    1. Payment systems
    2. Cryptocurrencies (Bitcons, Ethereum, Dash)
    3. Royalty collection
    4. Management of copyrights
    5. Insurance Development
    6. Private Ethereum Network
    7. Smart contracts (e.g. Ethereum) dApps
    8. Hyperledger (Hyperledger Fabric)
    1. Crypto and Cryptocurrencies
      a. Cryptographic Hash Functions
      b. Hash Pointers and Data Structures
      c. Digital
      d. Public Keys as Identities
      e. A Simple Cryptocurrency
    2. Decentralization
      a. Centralization vs. Decentralization
      b. Distributed Consensus
      c. Consensus without Identity: the Block Chain
      d. Incentives and Proof of Work
    3. Bitcoin Transactions
      a. Bitcoin Scripts
      b. Transaction Forms
      c. Constructing a Transaction
    4. Bitcoin Blocks
    5. Mining Transactions in Blocks
    6. Bitcoin Network
    7. Forking and Seg Wit
    1. How to Store and Use Bitcoins
      a. Hot and Cold Storage
      b. Splitting and Sharing Keys
      c. Online Wallets
    2. Bitcoin Exchanges
    3. Currency Exchange Markets
    4. The Task of Bitcoin Miners
    5. Mining Hardware
    6. Energy Consumption & Ecology
    7. Mining Incentives and Strategies
    1. What is Ethereum?
    2. What is Ether?
    3. Smart Contracts
    4. How to use Ethereum?
    5. The Ethereum ecosystem, DApps and DAOs
    6. How Ethereum mining works
    7. Learning Solidity
      a. Contract classes, Functions and conditionals
      b. Inheritance & abstract contracts
      c. Libraries
      d. Types & Optimization
      e. Global Variables
    8. Debugging
    9. Future of
    10. Hyperledger
    1. Web3 JS OverView
    2. Setup Web3 and Connecting to Node
    3. Instantiate web3 and communicate with a contract from an JScript
    4. Test Web3 Version, Node Status API, Account List, balances API.
    5. Web3API Send Transactions and Transaction Object
    6. Web3 API Smart Contract Compilation and Deployement
    7. Building an interface to interact with a smart contract.
    8. Setting up event-driven interfaces
    9. Adapting Truffle’s default behavior
    10. Write functional tests for smart contracts
    11. How to manually test contract functionality?
    12. Use client side signing and remote nodes for light DApps
    13. Events, Logs, Filter and Watch API
    14. Setting Up the Truffle Project
    15. Developing Contracts using Truffle

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Blockchain Training Overview

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
Certificate Yes
Mode of Training Corporate and Online
Placement Assistance Yes
Oppurtunity Level Entry level to Advanced

Enquire Blockchain Course