Blockchain Architecture - Intermediate Concepts from Coursera

The Blockchain Architecture - Intermediate Concepts course is designed for individuals with a basic understanding of digital technologies and foundational knowledge of blockchain principles and platforms. This course will delve deep into the realm of blockchain technology. Building upon the foundational knowledge obtained in the introductory course, this intermediate course offers a detailed look into security considerations, risk management strategies, and an overview of blockchain architecture. The course modules also explore the intricacies of smart contracts, legal and ethical implications of blockchain technology, and various governance models prevalent in the industry.

After completing this course, you should be able to:

- Explain the importance of security in blockchain implementation and identify potential implementation goals

- Identify the risks involved in blockchain adoption and develop a basic risk management plan

-Identify the legal and ethical implications of blockchain implementation across different industries

- Describe the function, creation, and deployment of smart contracts

- Differentiate between protocol-level and network-level security aspects

- Compare blockchain regulations in various locations globally

- Identify best practices for documenting blockchain solutions

- Describe how documentation increases solution clarity and alignment

What's inside

Syllabus

Blockchain Solution Architecture - Intermediate Concepts

Welcome to Blockchain Solution Architecture -Intermediate Concepts. This course is designed to delve deeper into the realm of blockchain technology. It builds upon the foundational knowledge gained in the Fundamentals of Blockchain Architecture course, and offers a detailed look into security considerations, risk management strategies, and an overview of blockchain architecture. We will also explore the intricacies of smart contracts, legal and ethical implications of blockchain technology, and various governance models prevalent in the industry.

Module 1: Blockchain Security Deep-Dive

This module provides an in-depth analysis of blockchain security at multiple levels. It covers smart contract security issues like reentrancy, integer overflow, and more. It discusses protocol-level security aspects including consensus algorithms, incentive mechanisms, and cryptography. Network-level security topics include Eclipse attacks, Sybil attacks, and ways to harden blockchain networks against risks. Students will learn to evaluate security tradeoffs and strengthen blockchain solutions.

Module 2: The Regulatory Landscape

This module deeply explores the evolving global regulatory landscape for blockchain and cryptocurrencies. It examines existing regulations across major jurisdictions and identifies gaps. It covers legal issues like data privacy, AML/KYC, custody, and more. Students will analyze case studies of enforcement actions. The module looks at self-regulatory efforts and trends in regulating DeFi and NFTs. Students will gain perspective on navigating the complex, uncertain regulatory landscape.

Module 3: Risk Management

This comprehensive risk management module examines risks across multiple dimensions. Enterprise risks include technology failures, stakeholder alignment, and solution viability. Geopolitical risks cover government stances, legal ambiguity, and jurisdictional differences. Market risks include volatility, speculation, and maturity. Reputational risks arise from partnerships, social impacts, and public perception. Students will evaluate ethical risks and compliance with evolving regulations. The module equips students to develop a blockchain risk management plan.

Module 4: Documenting Blockchain Solutions

This module covers best practices for properly documenting blockchain solutions. This includes crafting an executive overview, problem statement, SMART goals, guiding principles, solution architecture, timeline, risk assessment, and data dictionary. Students will learn how documentation increases solution clarity, alignment, and governance. Proper documentation practices are essential for blockchain projects to gain approval and funding.

Module 5: Blockchain Governance Concerns

This module analyzes the unique governance challenges arising from blockchain's decentralized nature. It covers governing shared infrastructure and consortium models. Blockchain-specific concerns like resolving forks are discussed. The module explores the workings of decentralized autonomous organizations (DAOs). Students will compare governance approaches and evaluate applicability based on blockchain architecture and use cases.

Module 6: Blockchain in the Real World

This module profiles a diverse set of real-world blockchain projects across finance, supply chain, credentialing, media, government, and other industries. Students will examine early successes and failures. The module draws key lessons from these pioneer implementations to reinforce learning from other modules. Students gain perspective on blockchain's real-world potential and limitations.

Course Recap

This is a recap of the course and what you have learned.

Good to know

Know what's good

, what to watch for

, and possible dealbreakers

Develops understanding in security and risk management for blockchain implementation

Explores smart contract creation, function, and deployment

Examines the evolving global regulatory landscape for blockchain

Taught by instructors recognized for their experience in blockchain technology

Covers best practices for blockchain solution documentation

Provides a detailed look at blockchain architecture and its intricacies

Does not discuss the potential use of blockchain technology for blockchain

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Blockchain Architecture - Intermediate Concepts with these activities:

Read Blockchain Technology for Beginners by Chris Wilmer

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Introduces fundamental blockchain concepts and provides a solid foundation for understanding blockchain architecture.

View Bitcoin for the Befuddled on Amazon

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Read chapters covering blockchain basics, consensus algorithms, and smart contracts
Summarize key concepts and discuss them with classmates or colleagues

Review Data Structures Basic Concepts

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Refreshes foundational data structure concepts necessary for understanding blockchain architecture.

Browse courses on Data Structures

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Review data structure definitions, operations, and implementations
Practice data structure problems using coding exercises

Gather Resources on Blockchain Regulations

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Enhances understanding of the legal and regulatory landscape surrounding blockchain technology.

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Research and compile articles, reports, and whitepapers on blockchain regulations
Organize the resources by jurisdiction and topic
Share the compilation with classmates or colleagues for discussion

Six other activities

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Show all nine activities

Attend a Blockchain Industry Conference

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Provides opportunities to connect with experts, stay informed about industry advancements, and explore potential career paths.

Browse courses on Networking

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Research upcoming blockchain industry conferences
Register for a conference and prepare for networking
Attend sessions, participate in discussions, and engage with industry professionals

Develop a Risk Management Plan for a Blockchain Project

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Reinforces understanding of risk management strategies and their application in blockchain projects.

Browse courses on Risk Management

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Identify potential risks associated with blockchain implementation
Develop mitigation strategies for each identified risk
Create a comprehensive risk management plan outlining the identified risks and mitigation strategies

Solve Blockchain Coding Problems on LeetCode or HackerRank

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Strengthens coding skills specific to blockchain development and enhances problem-solving abilities.

Browse courses on Blockchain Development

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Choose a reputable online coding platform
Select blockchain-related coding problems
Solve the problems, debug your code, and optimize your solutions

Follow Tutorial on Cryptocurrency Wallets

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Provides practical understanding of cryptocurrency wallets and their role in blockchain security.

Browse courses on Blockchain Security

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Choose a reputable tutorial on cryptocurrency wallets
Follow the tutorial step-by-step to set up and manage a cryptocurrency wallet
Experiment with different wallet types and features

Participate in a Hackathon Focused on Blockchain Development

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Enhances practical blockchain skills and fosters innovation through hands-on project development.

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Join a hackathon team or form your own team
Develop an innovative blockchain project within the specified time frame
Pitch your project and demonstrate its functionality

Develop a Blockchain-Based Supply Chain Management System

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Provides a comprehensive hands-on experience in designing, developing, and deploying a blockchain-based solution for supply chain management.

Browse courses on Blockchain Applications

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Define the scope of the project and gather requirements
Design and develop a blockchain-based supply chain management system
Deploy the system and conduct testing
Evaluate the results and make necessary adjustments

Career center

Learners who complete Blockchain Architecture - Intermediate Concepts will develop knowledge and skills that may be useful to these careers:

Blockchain Security Analyst

A Blockchain Security Analyst is responsible for assessing and mitigating the risks associated with blockchain technologies. This course may be useful because it helps build a foundation in blockchain security and risk management. It covers topics such as smart contract security, protocol-level security, and network-level security.

See salaries and explore the career path for Blockchain Security Analyst

Blockchain Governance Analyst

A Blockchain Governance Analyst is responsible for developing and implementing governance frameworks for blockchain technologies. This course may be useful because it helps build a foundation in blockchain governance. It covers topics such as governance models, dispute resolution, and stakeholder management.

See salaries and explore the career path for Blockchain Governance Analyst

Blockchain Architect

A Blockchain Architect designs and implements blockchain-based solutions. This course may be useful because it helps build a foundation in blockchain architecture, security, and risk management.

See salaries and explore the career path for Blockchain Architect

Blockchain Consultant

A Blockchain Consultant advises clients on the use of blockchain technologies. This course may be useful because it helps build a foundation in blockchain architecture, security, risk management, and governance. It also covers topics such as blockchain use cases, regulatory landscape, and best practices.

See salaries and explore the career path for Blockchain Consultant

Blockchain Project Manager

A Blockchain Project Manager is responsible for planning, executing, and delivering blockchain projects. This course may be useful because it helps build a foundation in blockchain architecture, security, risk management, and governance. It also covers topics such as project planning, budgeting, and stakeholder management.

See salaries and explore the career path for Blockchain Project Manager

Blockchain Risk Manager

A Blockchain Risk Manager is responsible for identifying and managing the risks associated with blockchain technologies. This course may be useful because it helps build a foundation in blockchain risk management. It covers topics such as enterprise risks, geopolitical risks, market risks, and reputational risks.

See salaries and explore the career path for Blockchain Risk Manager

Blockchain Educator

A Blockchain Educator teaches students about blockchain technologies. This course may be useful because it provides a comprehensive overview of blockchain architecture, security, risk management, and governance. It also covers topics such as blockchain use cases, regulatory landscape, and best practices.

See salaries and explore the career path for Blockchain Educator

Compliance Officer

A Compliance Officer ensures that an organization's activities comply with applicable laws and regulations. This course may be useful because it helps build a foundation in blockchain regulatory landscape and legal implications. It also covers topics such as data privacy, AML/KYC, and custody.

See salaries and explore the career path for Compliance Officer

Blockchain Researcher

A Blockchain Researcher conducts research on blockchain technologies. This course may be useful because it helps build a foundation in blockchain architecture, security, risk management, and governance. It also covers topics such as blockchain scalability, privacy, and interoperability.

See salaries and explore the career path for Blockchain Researcher

Product Manager

A Product Manager is responsible for the development and launch of new products. This course may be useful because it helps build a foundation in blockchain use cases and solution architecture. It also covers topics such as blockchain regulatory landscape and best practices.

See salaries and explore the career path for Product Manager

Risk Analyst

A Risk Analyst identifies and assesses risks for an organization. This course may be useful because it helps build a foundation in blockchain risk management. It covers topics such as enterprise risks, geopolitical risks, market risks, and reputational risks.

See salaries and explore the career path for Risk Analyst

Blockchain Developer

A Blockchain Developer designs, builds, deploys, and maintains blockchain solutions. This course may be useful because it will help build a foundation in blockchain architecture, security, and risk management. Knowledge of smart contract creation and deployment can help professionals who want to become Blockchain Developers.

See salaries and explore the career path for Blockchain Developer

Business Analyst

A Business Analyst analyzes business processes and designs solutions to improve efficiency and effectiveness. This course may be useful because it helps build a foundation in blockchain use cases. It also covers topics such as blockchain solution architecture, governance, and regulatory landscape.

See salaries and explore the career path for Business Analyst

Software Engineer

A Software Engineer designs, develops, and maintains software applications. This course may be useful because it helps build a foundation in blockchain data structures, smart contract security, and protocol-level security. It also covers topics such as blockchain regulatory landscape and best practices.

See salaries and explore the career path for Software Engineer

Data Analyst

A Data Analyst collects, analyzes, and interprets data to identify trends and patterns. This course may be useful because it helps build a foundation in blockchain data structures and smart contract security. It also covers topics such as blockchain regulatory landscape and legal implications.

See salaries and explore the career path for Data Analyst

Blockchain Architecture - Intermediate Concepts

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