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Fundamentals of Blockchain and Bitcoin

Online
3-4 hours
Free

Course Content

Master the guiding principles and inner workings of Blockchain and Bitcoin in this free online cryptocurrency course. In this course, you learn about the fundamental concepts of Blockchain (the financial services company) and Bitcoin (the protocol for trading the bitcoin currency). Study the factors that affect the use of Blockchain - such as its decentralization and distribution - as well as the ins and outs of Blockchain technology. You will also unpack the importance of Bitcoin cryptocurrency, and the elements needed to use it, such as wallets, exchanges.

Course Details

CollegeAlison
Course ID195783
Course TypeOnline Learning
Course QualificationCPD Certificate
Course Duration3-4 hours
Course FeeFree
Entry RequirementsLike all courses on the Alison Free Learning platform this is a free, CPD-accredited course. A Graduate can choose to buy a certificate or diploma upon successful completion of a course, but this is not required or necessary.

At Alison we believe that free education, more than anything, has the power to break through boundaries and transform lives.

Alison is the world’s largest free online empowerment platform for education and skills training, offering over 5000 CPD accredited courses and a range of impactful career development tools. It is a for-profit social enterprise dedicated to making it possible for anyone, to study anything, anywhere, at any time, for free online, at any subject level. Through our mission, we are a catalyst for positive social change, creating opportunity, prosperity, and equality for everyone.
Career PathWhat You Will Learn In This Free Course
• Define ‘Blockchain’
• Distinguish between the concepts of decentralisation and distribution
• Explain the structure of a block in Blockchain
• Outline the purposes of hashes and ledgers
• Discuss the advantages of using Blockchain over other databases
• Explain the concept of cryptography
• Outline the advantages of using Bitcoin over fiat currencies
• Describe the process of creating new bitcoins
• Distinguish between Bitcoin wallets and exchanges
• Outline the factors that could affect the price of Bitcoin
• Distinguish between Bitcoin and Bitcoin Cash
• Distinguish between hard and soft forks
Course Code4267

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