After a quick review of Blockchain (BC) technology, this course illustrates some of the current applications of BC for business operations and its use for safely sharing information with partners.
There are many benefits, costs, and risks with both blockchain technology and the business process changes needed to exploit this technology. The bulk of the course addresses how to evaluate these costs, benefits, and risks, and assess the likely impact on competitive advantages and Return On Investment of blockchain applications for your particular organization.
The best tool for this assessment is explained: multi-criteria decision analysis which allows for careful consideration of all the factors bearing on the decision to pursue a particular blockchain application.
Learning Objectives
- Explore how Blockchain (BC) technology can be used to safely share information and help integrate business partners
- Explore how to evaluate feasibility, net benefit, and return on investment (ROI) of blockchain applications for your organization
- Explore how to use multi-criteria decision analysis for blockchain assessment and decision-making
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
No advanced preparation or prerequisites are required for this course. However, it is recommended to take the other courses in the series prior to completing this one.
An understanding of basics of blockchain application and its applications in business is recommended and available via other Illumeo courses.