This course covers business blockchains and use cases and expected future developments in the use of blockchain. In addition to the two primary business blockchains covered in previous courses, this lesson looks at 7 more widely used business blockchains. The major advantages of blockchain for business use, and some data on blockchain application improvements is provided.
While most blockchain business use is for process improvement, as covered in a previous course, in this lesson we look at “customer transformation” blockchain applications that use digital identity and other blockchain capabilities to create new ways of doing business. The future of blockchain business applications is covered. The lesson then offers suggestions on how to keep up with advances in blockchain technology, and use business strategy war games to stress test contemplated blockchain applications.
Course Key Concepts: Blockchain, Distributed Ledger, Information Technology, Customer Transformation, Blockchain Applications, Private and Permissioned Blockchains, Ripple, Corda, Multichain, Stellar, EOS, Quorum, Waves, Competitive Advantage, Blockchain interoperability, Business Strategy Wargames, M&A Due Diligence.
Learning Objectives
- Explore to familiarize with the ten major business blockchains
- Recognize major Blockchain Business Application Benefits
- Recognize Customer Transformation Blockchain applications
- Explore to familiarize with likely future developments in Blockchain Business use
- Recognize how Business Strategy Wargames can be used to stress test blockchain application ideas
Included In Certifications
This course is included in the following Certification Programs:
10 CoursesBlockchain Applications Analyst Certification
- Understanding Blockchain Technology and its Capabilities
- Blockchain Use in Supply Chains and Systems Integration
- Advanced Blockchain Business Applications
- Private, Permissioned, Business Blockchains
- Blockchain for Business Process Reengineering and Competitive Advantage
- How to Assess Blockchain Value for Your Organization
- How to do Multi-Criteria Decision Analysis to assess Blockchain Value for Your Organization
- Calculating Blockchain Application ROI
- Blockchain Design and Implementation
- Blockchain Advanced Uses and Future Developments
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Prerequisites
Students need to know both how blockchain works and common blockchain business applications. Completing the Illumeo courses “Understanding blockchain technology and its capabilities,” “Private, Permissioned Blockchains,” and “Blockchain Application” beforehand is highly recommended.