Blockchain Basics

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 This course is designed to help you gain a comprehensive understanding of blockchain technology and its potential applications in different industries.

We'll start by introducing you to the basics of blockchain, including its definition and how it differs from traditional databases. We'll then delve into the role of intermediaries in the current system and how blockchain technology can eliminate the need for them. We'll also cover the concept of blockchain cryptography and its role in ensuring the security of transactions. Next, we'll explore the key components of blockchain technology, such as accounts, blocks, transactions, and Merkle trees. We'll also discuss the consensus mechanism and how it ensures that the network agrees on the state of the blockchain. We'll go over the two most popular consensus mechanisms - Proof of Work and Stake.

We'll then explain how blockchain transactions work and the different types of transactions available. We'll also take a closer look at the blockchain ecosystem and why industries need blockchain technology to revolutionize their operations. We'll discuss the challenges faced by industries when adopting blockchain technology and provide you with real-life examples of how blockchain is being used in different industries.

Throughout the course, we'll provide you with opportunities to apply what you've learned through practical exercises, case studies, and demonstrations. This will help you gain a better understanding of how blockchain technology can be applied in the real world.

Interested in going forward with advanced skills in Blockchain? Great Learning and IIT Madras offer an Advanced Software Engineering for Blockchain course that falls under your software aspirations. Enroll in this paid program and earn a certificate of course completion 

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