Duration

2 days

Course Description

The Blockchain Foundation certification is designed to provide candidates a well-rounded understanding of blockchain concepts. It covers the potential for blockchain applications that can be used for solving real business problems in

industry, and an overview of blockchain technology and cryptocurrencies as a use case of blockchain.

This is a blockchain technology course with some practical exercises to experience two of the most popular cryptocurrencies – Bitcoin and Ethereum. Candidates will understand blockchain technology well enough to put their

knowledge to use in real life. The course exposes candidates to real-life blockchain and crypto trading with the purpose of using this knowledge in business opportunities.

After completing the course, candidates will be equipped with fundamental blockchain knowledge, and comfortable with cryptocurrency concepts. This knowledge can be used as a starting point in the journey of blockchain

opportunities.

Syllabus: Version 1.0.0 (March 2019)

Target Audience

This is a foundation course for blockchain, intended for anyone who wants to quickly understand and expand their knowledge of how blockchain and Bitcoin work as well as how they are applied in business. The target audience includes but is not limited to:

Technology enthusiasts

Learning Objectives

Understand the history and origin of blockchain.
Explain the features and components of blockchain.
Identify and explain different types of blockchain.
Describe blockchain applications and uses cases.
Explain the working of blockchain technology.
Describe the concept of mining and how it is done.
Give the overview of crypto economics and crypto trading.
Enlist different types of cryptocurrencies.
Explain the concept of Bitcoin and Ethereum.
Explain Enterprise Ethereum Alliance and hyperledger.

Course Requirements

Requirements involve having a basic understanding of the Internet and an open, curious mind.

Exam Details

Exam Type: Multiple Choice
No. of Questions: 40
Duration: 60 minutes; 15 minutes additional time provision for candidates who speak English as a second language.
Prerequisite: There are no required prerequisites. We recommend that participants possess basic knowledge of
computer science to understand the concepts in this certification.
Supervised (Proctored): Yes (Web/Live)
Open Book: No
Pass Score: 65%
Delivery: Online

Learning Level of the Syllabus

The modern version of Bloom’s taxonomy of learning is a widely used classification framework for course syllabi and assessments for certification. The taxonomy classifies learning into six ascending levels.

The level of this course is level 1-2 (Knowledge and comprehensive).

Module 1. Blockchain Overview

1.1 Introduction to Blockchain

Evolution of Money
What is a ledger?
History of Ledger
Types of Ledgers
How financial system works?
Known Challenges of Financial System
What is blockchain?
Comparing Distributed Ledger and Blockchain
History and Origin of Blockchain
Differences between Blockchain and traditional Database
Participants in Blockchain Network
Benefits of Blockchain
Comparing Blockchain and Centralized Server

1.2 Understanding Blocks and Nodes

What is a block?
Types of Blocks
Structure of a Block
Properties of a Block
Nodes
Types of Nodes
Peer-to-Peer Network

1.3 Components of Blockchain

Blockchain Components
Assets
Consensus in Blockchain
Consensus Protocol – Proof of Work (PoW)
Consensus Protocol – Proof of Stake (PoS)
Proof of Work v/s Proof of Stake
Basic Parameters of Consensus Mechanism
Immutable Ledger of Transparency

1.4 Types of Blockchain

Blockchain Types
Public Versus Private Blockchain
Permissioned and Permission-less Blockchain
Open and Closed Blockchain
Selecting a Suitable Blockchain Type

Module 2. Working of Blockchain Demystified

2.1 Working of Blockchain

Tiering of Blockchain Technology
Foundation of Blockchain
Working of Blockchain
Transaction
Transaction Lifecycle
Creating Transactions
Broadcasting Transactions
Propagating Transactions
Types of Transactions
Relationship between Transactions and Blocks
Spending the Transaction

2.2 Cryptography

Cryptography in Blockchain
Features of Cryptography
Types of Cryptography Algorithms
Symmetric Encryption
Asymmetric Encryption
Difference between Hashing and Encryption
Different Hash Functions
Cryptographic Hash Functions
Digital Signatures
Multisignature

2.3 Mining

Transaction Validator
Blockchain Mining
How a Bitcoin is mined?
Functions of Bitcoin Mining
Factors Affecting Miner Profitability
Hash Rate
Mining Difficulty
Mining Hardware
Mine Bitcoin at Home
Mine Bitcoin in Cloud
Types of Mining
Solo Mining
Pooled Mining

Module 3. Cryptoeconomics

3.1 Overview of Cryptoeconomics

What is a currency?
Birth of Cryptocurrency
Economics behind Cryptocurrency
Generation of Cryptocurrency
Features of Cryptocurrency
Cryptocurrency Types
Altcoin
Token
Types of Tokens

3.2 Crypto Trading

Features to Select Crypto Exchange
Traditional Stock Trading Ecosystem
Cryptocurrency Trading Ecosystem
What do I need to buy Bitcoin?
Storing Bitcoin and Other Cryptocurrencies
Cryptocurrency Wallet Types

3.3 Ethereum

Introduction to Ethereum
Differences between Bitcoin and Ethereum
Advantages of Ethereum
Components of Ethereum
Ether
Gas in Ethereum
Smart Contracts
Features of Smart Contract
Smart Contract Applications
Ethereum Virtual Machine
Decentralized Autonomous Organization
Decentralized Applications

Module 4. Applications and Use Cases of Blockchain

4.1 Applications of Blockchain Technology

Evolution of Web Platform
Web 3.0
Blockchain Ecosystem
Steps to Create and Implement Blockchain

4.2 Blockchain Use Cases

Finance Services
Supply Chain Management
Insurance
Healthcare
Automobile
Legal

Module 5. Blockchain Consortiums5.1 Consortiums

What is a consortium?
Success Factors for a Consortium
Types of Blockchain Consortia
Initial Coin Offerings
ICO Regulations
Security Challenges of ICO

5.2 Enterprise Ethereum Alliance

What is Enterprise Ethereum Alliance?
Vision of EEA
Purpose of EEA
Challenges of EEA
EEA Architecture

5.3 Hyperledger

What is Hyperledger?
Working of Hyperledger
Goals of Hyperledger
Hyperledger Modular Approach
Hyperledger Architecture
Components of Hyperledger
Hyperledger Frameworks
FABRIC
IROHA
SAWTOOTH
INDY
BURROW
Hyperledger Tools
Difference between Bitcoin, Enterprise Ethereum Alliance, and Hyperledger

Module 6. Future of Blockchain

6.1 Other Blockchain Frameworks

Stellar
Working of Stellar
Stellar Exchange
How to buy and store Lumens?
Other Framewokrs

6.2 Way Forward

Timeline of Blockchain Developments
High Level Summary of Blockchain Risks and Challenges
Internet of Things Meets Blockchain
Blockchain and Artificial Intelligence
Blockchain and Cybersecurity
Business Continuity Planning and Blockchain
Misconceptions about Blockchain

This is a version-specific reference outline. Confirm the current syllabus and delivery arrangements with EIEIO.

Blockchain Foudation