Blockchain Beginner Course - Johannesburg

Wed Dec 7, 09:00 - Wed Dec 7, 14:30

Bandwidth Barn

ABOUT

The is a lot of excitement lately on the opportunities that digital currencies and its underlying technology, the blockchain offers. From trading, mining or using the technology to streamline existing systems and processes, the opportunities most defnitely exist.

The Blockchain Beginner course is for individuals who are new to digital currencies and blockchain technology. The course covers the basics of money, bitcoin and the blockchain, how to use bitcoin: buy and sell bitcoin; send and receive bitcoin; and how to store bitcoin in a wallet, bitcoin and wallet security, compliance and regulation and highlights the future of this space as well as the companies and institutions globally and locally that are currently using this technology.

Similar to how the internet completely changed how people digitally share information, blockchain technology is revolutionising the storing and transacting of value. 

Attendees will receive a training manual for reference purposes as well as a Certificate of Completion. Refreshments and a light lunch will be served.

Modules that will be covered are:

Module 1 - Introduction         
  • History of Bitcoin
  • Digital currencies explained
  • Money and currency
  •  
    Module 2 - The Blockchain                    
  • Sidechains
  • Permissioned and Permissionless Blockchains
  • What Bitcoin mining is
  • How transactions are stored on the Blockchain
  • 101 of the Blockchain
Module 3 - Using Bitcoin
  • Bitcoin pricing and volatility
  • How to trade bitcoins on on-line exchanges
  • How to send and receive bitcoins
  • How to store bitcoins in a wallet
  • Where and how to get bitcoins                                                  
Module 4 - Bitcoin Security                          
  • Backing up and restoring wallets
  • Security measures such as multi-signature transactions
  • Security issues and the pseudo-anonymity of Bitcoin
Module 5 - Bitcoin Scalability, Risks and Limitations
  • Regulatory friction
  • Wallet theft
  • Mining rewards and incentivisation
  • Mining pools and centralisation
  • Proof of Work efficiencies
  • Block propagation speed
  • Transaction volumes and block sizes                                  
Module 6 - Use Cases and Opportunities
  • Micro-transactions
  • Proof of ownership
  • Time-stamped records
  • Coloured coins and digital asset ownership
  • Immutable ledger
  • Payment rails
Module 7 - Merchant Acceptance                             
  • Successful case studies
  • Verification of transactions on the Blockchain
  • Payment processing companies
  • Benefits of using Bitcoin as a payment method
  • How to integrate Bitcoin as a payment method                                    
Module 8 - Bitcoin Compliance, Regulation and Tax           
  • Legal firms and Blockchain
  • Money laundering and fraud
  • Bitcoin compliance
  • Regulation globally and in South Africa             
Module 9 - The Future of Bitcoin                              
  • Alternatives to Bitcoin and the Blockchain       
  • The value of Bitcoin and the Blockchain as a technology
  • Innovation for non-financial institutions
  • Innovation for financial institutions
  • Bitcoin for remittances in emerging economies
  • Smart Contracts



Special: Students receive 25% off any of our courses. Contact us at [email protected].