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Quick Facts

Medium Of Instructions	Mode Of Learning	Mode Of Delivery
English	Self Study, Virtual Classroom	Video and Text Based

Course Overview

According to a Deloitte report, 40% of CEOs indicated their company plans to invest $5 million or more in blockchain throughout the upcoming years. Blockchain technology has the ability to radically alter the way businesses are run, as well as the social and economic structures on which they are built. The Blockchain Technologies: Business Innovation and Application online course analyses blockchain solutions from an economic point of view, drawing on the work of renowned MIT faculty member and crypto-economics specialist Christian Catalini.

The Blockchain Technologies: Business Innovation and Application training equips candidates with the tools to utilize blockchain technology to promote creativity and efficiency in the organisation, with an emphasis on its organisational potential and limits. After completing this course, candidates will be able to develop a blockchain-based solution to a business challenge in their own environment.

The Blockchain Technologies: Business Innovation and Application syllabus explains how blockchain technology has the ability to revolutionise economic and social institutions, as well as how to use it in one's own business.

The Highlights

MIT offering
Online learning
6 weeks duration
Shareable certificate
Course provider Getsmarter
Downloadable resources
Projects and assessments
5-8 hours per week
Split option of payment
Self-paced learning

Programme Offerings

Self-paced learning
online learning
Live polls
Offline resources
video lectures
Case Studies
Infographics
quizzes

Courses and Certificate Fees

Certificate Availability	Certificate Providing Authority
yes	MIT Sloan School of Management, Cambridge

Fee type	Fee amount in INR
Blockchain Technologies: Business Innovation and Application fees	Rs. 2,91,294

Eligibility Criteria

Certification Qualifying Details

To qualify for the Blockchain Technologies: Business Innovation and Application certification, Students must finish all the online training modules as well as the course assignments, projects, and classwork. Students are required to attend the class activities such as quizzes, live polls, questionnaires, surveys, and so on. Students are evaluated based on a sequence of submitted assignments, projects, and classroom activities. To qualify for certification, all of the requirements outlined in the coursebook must be satisfied.

What you will learn

Knowledge of CryptocurrencyKnowledge of BlockchainKnowledge of Bitcoin

After completing the Blockchain Technologies: Business Innovation and Application course, Applicants will get a better knowledge of blockchain technology's potential, allowing them to determine which business challenges it can address. Candidates will learn a blockchain-based method for addressing a business problem in their sector. Candidates will gain an in-depth explanation of how blockchain reduces the cost of networking and verification and an understanding of how blockchain technology enables applications such as cryptocurrency and other token-based projects.

Who it is for

Financial PlannerFinancial AdvisorMerchandiserCryptographer

Professionals seeking a more in-depth understanding of the effects and uses of blockchain technology in a business setting.
Entrepreneurs interested in using blockchain in their company's strategy.
Experts in the retail or finance industries such as merchandisers, financial advisors, financial planners who wish to grasp the present and future advancements of this innovative technology.
Candidates who work directly in an operational, strategic, or managerial position and want to learn how to use blockchain technology to identify possibilities for efficiency and creativity.

Admission Details

To enrol in the Blockchain Technologies: Business Innovation and Application tutorial, follow the steps mentioned below:

Step 1. Go through the link below to open the course page (https://www.getsmarter.com/products/mit-sloan-blockchain-technologies-business-innovation-and-application-online-program)

Step 2. Tap the ‘Register Now’ button to start the registration process

Step 3. Agree with the terms and conditions to further proceed

Step 4. Create an account on the Getsmarter by filling in personal information

Step 5. Fill in the billing details and sponsor related details

Step 6. Make course payment and start learning

The Syllabus

Articulate the challenges of predicting technological evolution and its impact on the economy
Identify common misconceptions about blockchain technology
Compare the emergence of blockchain technology to that of other general-purpose technologies
Evaluate a business application of blockchain through the lens of a strategic framework
Discern the role of entrepreneurial strategy in a time of technological uncertainty

Explain the double-spending problem and how it is addressed by Bitcoin
Interpret Bitcoin as a medium of exchange, store of value, and unit of account
Review the technical details of the Bitcoin protocol
Compare the algorithms used to establish consensus in a blockchain to ensure its integrity
Determine from a Bitcoin transaction how the PoW algorithm works
Investigate alternative cryptocurrencies and how they might address the challenges presented by bitcoin
Evaluate current issues with scaling the Bitcoin blockchain and how they can be addressed
Investigate the role of mining in bootstrapping Bitcoin's infrastructure

Demonstrate the cost of verifying the attributes of a transaction
Identify situations where settlement and reconciliation are expensive today
Determine how to build data integrity with costless verification
Compare applications of cheaper settlement and reconciliation across different industries
Investigate (online and offline) complements to blockchain technology that may help to solve the last mile problem
Recommend feasible solutions to the last mile problem

Deduce how the nature of intermediation may change as a result of blockchain technology
Articulate the economic consequences of a reduction in the cost of networking
Analyze the risks associated with smart contracts
Discern the role of tokens in incentivizing the growth, operations, and security of a platform
Investigate the conditions under which relational contracts can be automated
Recommend a reward system for an incumbent adding a token to its ecosystem
Assess the ability of case examples to capitalize on the reduction in the cost of networking

Investigate the value that tokens may bring to a business's ecosystem
Analyze examples of tokens and decide which industry verticals are most promising
Distinguish the role of tokens in funding blockchain innovations and platforms
Evaluate various tokens, ranking them in terms of capital raised and trading performance
Deduce how challenges around securities regulation can affect the successful tokenization of an ecosystem

Distinguish the capacity of blockchain technology to increase competition and lower barriers to entry
Articulate how blockchain technology may interact with broader changes in digital platforms, AI, and the IoT
Debate the impact of blockchain technology and incentives on the consumer privacy paradox
Reflect on the key outcomes of this program
Produce a primer for a blockchain-based solution to a business problem within your own context