Advanced Certificate Programme in Blockchain
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Blockchain has become one of the most sought-after skills in the tech landscape. According to a 2018 PwC survey, around 84% of the respondents said they were using blockchain in some way. Lets dig deeper into what is blockchain exactly.
What is Blockchain?
We can define blockchain as a chain of blocks containing data. Blockchain timestamps digital documents so it is impossible to tamper with them in any way. The goal of blockchain is to solve the problem of keeping dual records without requiring a central server.
Blockchain Use Cases
Bookkeeping and Record-Keeping
Every industry has to perform bookkeeping and store records. Blockchain offers a highly secure way of bookkeeping and record-keeping, ensuring that unwanted parties and malicious people can’t access them.
To prevent voting fraud, governments use blockchain technology for issuing voter IDs and vote recording. Blockchain provides a highly secure solution for storing data and making changes to the data stored in the blockchain is near impossible.
Apart from using AI and machine learning, self-driving cars would utilize blockchain technology to keep their data secure from unwanted parties. Robotics and IoT through blockchain, can create a decentralized network of drones and robots boosting safety.
Blockchain is the fastest-growing skill on the platform. Blockchain tech is an inspiring space with a massive potential for innovation. This has spurred the demand for skilled Blockchain experts, who are currently the most highly valued professionals in the market. Today let us take a glance at the top Blockchain tools available at our disposal.
It is an Ethereum node implementation built using the Go programming language. It is available in the three interfaces; JSON-RPC server, command-line, and interactive console. Furthermore Geth can be leveraged for Blockchain development on all three major operating systems – Windows, Mac, and Linux.
It is the official Ethereum wallet developed by the designers of Ethereum. When it comes to Ethereum, before you can start utilizing the platform, you must have a designated place where you can store your Ether tokens and also execute your smart contracts. It is available for Windows, Mac, and Linux.
There has been a significant development in the field of Blockchain technology in the last decade. Many people and companies witnessed the growth of blockchain demand, Thanks to Bitcoin mainly. Due to the explosion in popularity, many are trying to understand the prerequisites to learn blockchain. Here are the skills needed to learn blockchain.
Distributed systems and Networking
Blockchain is a distributed ledger that works across the network, and a Blockchain enthusiast should know how the network and distributed system works. A good understanding of how peer to peer networks work is crucial. It helps in creating a good foundation in the computer network which can range from routing to topologies of the network.
The foundation of Blockchain is cryptography. Hash functions and digital signatures are crafted by leveraging the public-key cryptography in the Bitcoin blockchain. A good background in mathematics skills can also help you exin the field of Blockchain for a developer.
A good blockchain developer should have a good understanding of the fundamentals of Blockchain. Cryptonomic is a word that is a mix of Cryptocurrency and Economics. Cryptocurrencies are affected by the valuation of currency and many monetary policies. One can also learn about the game theory to be more explicit about the working of cryptocurrency in the market and it's valuation.