What is Blockchain?A Blockchain is a digitized and decentralized public or private ledger of all Cryptocurrency transactions. As it is new technology, it has many opportunities across the organizations.There are many organizations are started to work with technology. There are so many job opportunities for freshers and experience professionals. The World Economic Forum and other forum is measured as the world's GDP growth depending on Blockchain related technologies by 2025 .
What is Bitcoin?Bitcoin is a technology that forms the basis of a digital money ecosystem in Blockchain. Units of currency called bitcoins are used to store and transmit money between nodes in the bitcoin network. Bitcoins are entirely virtual currency. It is not physical coins or even digital coins. The coins are implied in transactions which transfer value from sender/buyer to recipient/seller and vice versa. Users of bitcoin have its keys for transactions for security, unlocking the value to spend it and transfer it to a new recipient. Keys are stored in digital wallet on each user’s device. Getting ownership of the key that unlocks a transaction is the only prerequisite to use Bitcoin for transaction, all control given to each user.
Why Blockchain needed?The growth of ecommerce, online banking, and in-app purchases, and the increasing mobility of people around the world have fuelled the growth of transaction volumes.To address these challenges and others, the world needs payment networks that are fast and that provide a mechanism that establishes trust, requires no specialized equipment, has no charge backs or monthly fees, and provides a collective book keeping solution for ensuring transparency and trust.For performing an efficient, cost-effective, reliable, and secure system for conducting and recording financial transactions Blockchain provides a solution.
Blockchain in Current Financial transactionAn alternative currency called Bitcoin.A digital currency in the form of Bitcoin was launched in 2009 as a solution by Satoshi Nakamoto. Bitcoin is enabled by a peer-to-peer computer network made up of its user’s machines, akin to the networks that underpin BitTorrent and Skype. Bitcoin and Blockchain are not the same. Blockchain is to record and store Bitcoin transactions, but Blockchain has many uses beyond Bitcoin.
Advantages of BlockChain
Features of Blockchain
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What will you learn from Blockchain CourseUsing this course you can learn the Bitcoin and Blockchain concepts, how to build compelling Blockchain applications, design and deploy secure advanced smart contracts, Ethereum developments and related tools, Hyperledger Blockchain, Model the Blockchain applications and best practices
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BlockChain Course Objectives
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