Understanding Crypto Currencies, Bitcoins, and Blockchains

Pearson presents Understanding Crypto Currencies, Bitcoins, and Blockchains.

Understanding Crypto Currencies, Bitcoins, and Blockchains

Course Description

The Understanding Cryptocurrencies, Bitcoins, and Blockchains LiveLessons course from Pearson provides more than six hours of detailed discussion introducing you to the world of Bitcoin and the evolution of cryptocurrencies. Aamir and Keith provide a historical foundation of money, currency, trade, banking, and the advent of digital currency. They use slides and lite-board demonstrations to illustrate complex bitcoin and blockchain concepts, and walk you through some of the transactions needed to tap into the digital currency market. They discuss the pros and cons of decentralized banking and digital currency, including some of the large-scale cyber crime and money laundering cases affecting this new and vulnerable market, as well as some of the potential benefits in market and efficiency. They provide a wide range of insight i... Read More »

The Understanding Cryptocurrencies, Bitcoins, and Blockchains LiveLessons course from Pearson provides more than six hours of detailed discussion introducing you to the world of Bitcoin and the evolution of cryptocurrencies. Aamir and Keith provide a historical foundation of money, currency, trade, banking, and the advent of digital currency. They use slides and lite-board demonstrations to illustrate complex bitcoin and blockchain concepts, and walk you through some of the transactions needed to tap into the digital currency market.

They discuss the pros and cons of decentralized banking and digital currency, including some of the large-scale cyber crime and money laundering cases affecting this new and vulnerable market, as well as some of the potential benefits in market and efficiency. They provide a wide range of insight into the issues surrounding the adoption of centralized digital currencies. They also discuss some of the various types of cryptocurrencies and what the future might hold for blockchain technology as a potential solution to a wide range of issues associated with government operations and commercial transactions.

What you will learn:

  • How monetary systems have evolved from commonly known currencies to cryptocurrencies
  • How blockchain has impacted broad commercial markets beyond cryptocurrencies
  • The pros and cons of standard fiat monetary systems and cryptocurrencies
Read Less
Course Details:

Target Audience

  • Anyone interested in cryptocurrencies, blockchain, and the use of this technology in other industries such as aerospace, banking, and healthcare.

Prerequisites

There are no prerequisites for this course.
Certificate Info:

Type of Certification

Certificate of Completion

Format of Certification

Digital and Print

Professional Association/Affiliation

This certificate is issued by Pearson LearnIT

Method of Obtaining Certification

Upon successful completion of the course, participants will receive a certificate of completion.

Course Outline

  • Understanding Cryptocurrencies, Bitcoins, and Blockchains: Introduction
Lesson 1, looks at the origins of modern currency and how it is used today. This lesson is not intended to be a history lesson but an introduction to why there was a growing need for cryptocurrencies and decentralized banking.
  • Learning objectives
  • 1.1 A look back—society and trading
  • 1.2 How currency works
  • 1.3 Currency exchanges and trading
  • Summary
Lesson 2 looks at the failures of the current monetary systems and financial markets. We look at how currency and money are truly valued and how government organizations dictate those values. At the end of this lesson you will have a good idea of the dangers of fiat currency and the motivation behind using blockchain and cryptocurrencies as alternatives.
  • Learning objectives
  • 2.1 Common problems with modern currencies
  • 2.2 Introduction to financial crimes
  • 2.3 The future of current banking system
Bitcoin is one of the most popular cryptocurrencies on the market. It has been around for a long time and has rewarded early investors with extremely large returns. What is Bitcoin and how does it work? This is what we examine in Lesson 3.
  • Learning objectives
  • 3.1 Introduction to Bitcoin
  • 3.2 How Bitcoins are used today
  • 3.3 Bitcoin mining
  • 3.4 Bitcoin mixing
  • 3.5 Bitcoin wallets
  • Summary
What is blockchain? How does the technology actually work? This is a technical lesson where we look at the specifics of blockchain, the underlying technology, how it is used, and its current limitations. At the end of this lesson you will have a deeper understanding of blockchain and the power behind the technology.
  • Learning objectives
  • 4.1 Introduction to the Blockchainv
  • 4.2 Blockchain nodes
  • 4.3 Blockchain Proof of Work
  • 4.4 Bitcoin Blockchain
  • Summary
In this lesson we take a deeper look at cyber crime markets and how cyber criminals conduct business over the Internet. You will learn about concepts such as a ghost market and the DarkWeb, and how cyber criminals leverage their capabilities.
  • Learning objectives
  • 5.1 History of digital money on the DarkNet
  • 5.2 The DarkNet
  • 5.3 Demo: Darknet OnRamp
  • Summary
Lesson 6 looks at the risks associated with digital currencies and the underlying blockchain technology. We also look at how these technologies can fail and discuss the lack of adoption of the technology in certain markets. We then discuss the concerns governments and consumers have with the underlying blockchain technology.
  • Learning objectives
  • 6.1 A basic look at cryptocurrency investing
  • 6.2 ALT Coin
  • 6.3 Initial Coin Offering (ICO) market
  • 6.4 ICO Blockchains
  • Summary
This lesson discusses other cryptocurrencies that have been created since bitcoin and look at how they have exploded in popularity in the market. At the end of this lesson you will have a solid understanding of AltCoin markets.
  • Learning objectives
  • 7.1 AltCoin trading
  • 7.2 ETH tokens
  • 7.3 LiteCoin
  • 7.4 Monero
  • Summary
This lesson focuses on cryptocurrencies and how they can fail. The crypto market has been more volatile in 2018 than it has ever been. We believe this trend will continue for at least the next 12—24 months. We take a look at the technology, failures, and concerns within the underlying protocols used to support cryptocurrencies.
  • Learning objectives
  • 8.1 How cryptocurrency fails
  • 8.2 Uncertainty with regulation
  • 8.3 Transaction fees
  • 8.4 Cryptocurrency failures
  • 8.5 Well known attacks
  • Summary
This lesson examines the advantages of decentralized banking and why many retailers, consumers, and businesses are pushing for standardizing cryptocurrency. It also examines the potential impact on a society if a shift toward decentralized banking were to occur.
  • Learning objectives
  • 9.1 A look at modern banking systems
  • 9.2 The problems of centralized banking
  • 9.3 The power of centralized banking
  • Summary
Prior to this lesson we have discussed blockchain, cryptocurrency, ICOs, and a few other technologies; however, we have not discussed the potential future of blockchain technology. In this lesson we examine the potential future of the technology and innovations that are on the horizon.
  • Learning objectives
  • 10.1 Where do we go from here: Cryptocurrencies
  • 10.2 Where do we go from here: Blockchains
  • 10.3 Blockchains: Differing visions of the future
  • 10.4 Blockchains in the healthcare community
  • 10.5 Private and IT blockchain applications
  • 10.6 Centralized cryptocurrency
  • 10.7 Cryptocurrency stability issues
  • 10.8 Additional cryptocurrency concerns
  • 10.9 Impacts and privacy
  • Summary
In this lesson we talk about the innovation and potential application of blockchain technology and discuss the possible direction of bitcoin and digital currencies.
  • Learning objectives
  • 11.1 Healthcare market
  • 11.2 Blockchain in government
  • 11.3 Instant payment
  • Understanding Cryptocurrencies, Bitcoins, and Blockchains: Summary

DON'T HAVE TIME?

We can send you everything you need to know about this course through email.
We respect your privacy. Your information is safe and will never be shared.