Starting with a quick review of Blockchain (BC) technology, we immediately start to examine current capabilities of BC for business applications.  We examine a good example of a powerful BC system in operation today:  the IBM-Maersk “TradeLens” supply chain BC. Many other major applications of BC in business today to cut costs and gain competitive advantage are highlighted. 

A summary of BC advantages for business processes is offered.  The final section of the course addresses how you can assess BC potential for your firm.

Learning Objectives
  • Explore BC technology and current capabilities
  • Explore a good BC system in operation today:  TradeLens Supply Chain Blockchain (BC)
  • Identify major applications of BC in business today
  • Recognize BC advantages for business processes
  • Discover how you can assess BC potential for your firm 
Last updated/reviewed: March 12, 2024

Included In Certifications

This course is included in the following Certification Programs:

10 CoursesBlockchain Applications Analyst Certification

  1. Understanding Blockchain Technology and its Capabilities
  2. Blockchain Use in Supply Chains and Systems Integration
  3. Advanced Blockchain Business Applications
  4. Private, Permissioned, Business Blockchains
  5. Blockchain for Business Process Reengineering and Competitive Advantage
  6. How to Assess Blockchain Value for Your Organization
  7. How to do Multi-Criteria Decision Analysis to assess Blockchain Value for Your Organization
  8. Calculating Blockchain Application ROI
  9. Blockchain Design and Implementation
  10. Blockchain Advanced Uses and Future Developments
16 Reviews (57 ratings)

Reviews

4
Anonymous Author
Even with my limited knowledge and desire to better understand Block Chain, the course provided a good foundation. The content was appropriate with a good mix of technical overview and the business case applications. It was a meaningful overview of a tool multiple criteria to assess the benefit for your own firm and in a structured format.

5
Anonymous Author
I think that this course provided a good basic understanding of blockchain. I came in with zero knowledge and now I have a simple understanding. I will plan to take some of the other blockchain courses available from this teacher to expand my understanding.

4
Anonymous Author
This is a challenging course due in great part to my lack of familiarity on the subject. However, when crypto transactions are carved out of the equation, viewed from a business process opportunity, the subject becomes much clearer.

5
Anonymous Author
I thought it was great to learn the advantages and disadvantages this course made clear. It is good to know how major companies are using blockchain and how they are considering implementing it in the near future.

4
Member's Profile
I had no idea that you could use blockchain outside of Bitcoin and other crypto. It was a great intro lesson, however I would suggest that the information on the slides be pared down to make them cleaner.

4
Anonymous Author
This course covered a great amount of information surrounding Blockchain, the differences between the Bitcoin Blockchain and other non-cryptocurrency Blockchains, and the many applications of Blockchains.

4
Anonymous Author
The instruction appears to be very knowledgeable on the subject matter but threw a lot of data at you in a short amount of time. It was like drinking from a firehose.

4
Member's Profile
This course is a drink from the firehose. If you don't get blockchain from the start, some of it will go over your head. The instructor is ver knowledgeable though.

4
Member's Profile
This was a very interesting course. It covered some basic explanations as to how the blockchain works, but some of the more technical "how/whys" were not covered.

5
Member's Profile
Excellent course explaining blockchain and how businesses are currently using this technology. Course was quick paced and easy to follow.

3
Member's Profile
This course covers a lot of ground. This is a very fast-paced course that is read to you. The slides contain too much information.

4
Anonymous Author
Very detailed explanation of key considerations for blockchain technology, including real-life examples and use cases.

2
Member's Profile
The information is from 2018, so it is old at this point. Would be much more interesting to have current information.

5
Anonymous Author
I thought the man did a very good job of using his words to describe the blockchain in a simple and effective manner.

3
Member's Profile
Great insight into the application of Block chain technology.

5
Member's Profile
I would recommend this course. It was a good course.

Prerequisites
Course Complexity: Foundational

No advanced preparation or prerequisites are required for this course.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
INTRODUCTION AND OVERVIEW
  Introduction to Understanding Latest Blockchain Business Applications3:13
  Review of Blockchain Technology and Current Capabilities10:52
  Review of Blockchain Technology and Current Capabilities Continued..5:20
  Understanding Blockchain7:17
  Major Applications of BC in Business Today9:06
  Summary of BC Advantages for Business Processes11:10
  How can you Assess BC Potential for your Firm & Conclusion9:39
CONTINUOUS PLAY
  Understanding Latest Blockchain Business Applications56:37
SUPPORTING MATERIALS
  Slides: Understanding Latest Blockchain Business ApplicationsPDF
  Understanding Latest Blockchain Business Applications Glossary/IndexPDF
REVIEW AND TEST
  REVIEW QUESTIONSquiz
 FINAL EXAMexam