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This is Course 1 in the Introduction to Blockchain course series. Blockchain technology is in a period of exceptional growth, and the accounting profession will play a significant role in driving its adoption. Be part of the blockchain evolution with this...
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This is Course 1 in the Introduction to Blockchain course series. Blockchain technology is in a period of exceptional growth, and the accounting profession will play a significant role in driving its adoption. Be part of the blockchain evolution with this course. Starting with a focus on the history and evolution of blockchain and bitcoin and then on to the characteristics of bitcoin, you will get a refresher on the fundamentals of money/currency and learn how bitcoin fits into the global business landscape. This course also demonstrates the unique characteristics of blockchain and bitcoin, so accounting and finance professionals will be able to have meaningful and relevant conversations with internal and external clients. In addition, this course introduces several key concepts within the realm of blockchain, including core components of blockchain technology, the custody, responsibility and control continuum, push vs pull paradigm and private blockchain vs public blockchain, which will significantly impact the way accountants and auditors perform their job functions.
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Good to know

Know what's good
, what to watch for
, and possible dealbreakers
Introduces foundational concepts and applications for blockchain technology in business applications
Explores real-world use cases of blockchain in various industries, providing insights into its practical applications
Provides a comprehensive overview of blockchain's impact on accounting and finance, equipping learners for future job roles
Led by experienced instructors in the field of blockchain technology, ensuring up-to-date knowledge and industry insights
May require a strong foundation in accounting and finance principles for optimal comprehension
Incorporates hands-on activities and interactive materials to enhance learning engagement

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Reviews summary

Blockchain basics for accounting and finance

This course is a great introduction to the core concepts of blockchain technology, bitcoin, and cryptocurrency. It is aimed at helping accounting and finance professionals understand the basics of this emerging technology. The course is well-structured and provides hands-on experience through assignments. However, some reviews have raised concerns about the difficulty of the final exam.
Analogies help explain concepts.
"Love the analogies in this new subject for me."
"The analogies were appropriate to the concepts"
Assignments provide hands-on experience.
"The course is very informative and gives a hands-on experience with assignments"
Relevant for accounting and finance professionals.
"will significantly impact the way accountants and auditors perform their job functions."
Concepts taught clearly.
"All concepts were taught very nicely."
"The course is very clear and the topics are explained in a detailed manner."
Final exam may be difficult.
"The contents are good. But the final quiz has issues."
"Final exam is not clear.it is not update properly which one correct option or wrong. same score will be display"

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 Introduction to Blockchain: Evolution and Technology Concepts with these activities:
Review Basic Accounting Principles
Reinforce your understanding of the basics of accounting, including double-entry bookkeeping, to prepare for the complexities of blockchain accounting.
Browse courses on Accounting Fundamentals
Show steps
  • Review textbooks or online resources on basic accounting principles.
  • Practice creating and interpreting basic financial statements.
Read 'Blockchain Revolution' by Don Tapscott and Alex Tapscott
Gain a comprehensive overview of the history and potential of blockchain technology, laying a foundation for understanding its impact on accounting.
Show steps
  • Read each chapter thoroughly, taking notes on key concepts.
  • Summarize the main arguments and implications for accounting.
Solve Practice Problems on Blockchain Accounting
Strengthen your understanding of practical aspects of blockchain accounting, such as handling transactions and using smart contracts.
Show steps
  • Find online or offline practice problems related to blockchain accounting.
  • Solve the problems independently, applying the concepts learned in the course.
  • Review your solutions and identify areas for improvement.
One other activity
Expand to see all activities and additional details
Show all four activities
Develop a Blockchain Use Case for an Accounting Process
Apply your understanding of blockchain to identify a specific accounting process within an organization and explore how it can be enhanced with blockchain.
Browse courses on Blockchain Use Cases
Show steps
  • Research different blockchain platforms and their capabilities.
  • Identify a suitable accounting process within an organization.
  • Design a blockchain-based solution for the selected process.
  • Create a presentation or report outlining the benefits and challenges of your solution.

Career center

Learners who complete Introduction to Blockchain: Evolution and Technology Concepts will develop knowledge and skills that may be useful to these careers:
Blockchain Developer
Blockchain developers build applications that integrate blockchain technology. They can work on a team with other developers, or design and develop and manage blockchain applications independently. This course is essential to being successful as a blockchain developer, as it helps create a foundation in the history, evolution, and characteristics of blockchain technology. The understanding of concepts like the custody, responsibility, and control continuum are also essential for blockchain development.
Software Engineer
Software engineers design, develop, and maintain software applications. They may also work on blockchain projects, such as developing blockchain-based applications or working on blockchain-based platforms. This course is essential to success as a blockchain software engineer, as it provides a foundation in the history and evolution of blockchain technology, the fundamentals of bitcoin, and key blockchain concepts. This understanding is essential for developing and maintaining blockchain-based software.
Bitcoin Accountant
Bitcoin accountants maintain the records of bitcoin transactions. They may also own bitcoin themselves, or conduct trades with bitcoin on their client's behalf. This course helps build a foundation for work in the field of bitcoin accounting, by introducing learners to the history, evolution, and unique characteristics of bitcoin. These fundamentals of money/currency and blockchain technology are essential for a bitcoin accountant to understand and apply in their work.
Cryptocurrency Analyst
Cryptocurrency analysts help evaluate the value of cryptocurrencies. They also follow industry news and trends to help predict changes in the value of cryptocurrencies, to guide their clients on cryptocurrency trading decisions. This course is essential to a cryptocurrency analyst, because it helps to establish a foundation in understanding bitcoin, the history and evolution of blockchain technology and cryptocurrencies, and key concepts that impact cryptocurrency value.
Consultant
Blockchain consultants guide companies looking to integrate blockchain into their business on what blockchain is, how it works, and how it can change their business model for the better. Consultants may also help companies develop blockchain solutions tailored to their specific needs. This course is essential to success as a blockchain consultant, as it covers the history and evolution of blockchain, the fundamentals of bitcoin, and key concepts like the custody, responsibility, and control continuum.
Blockchain Project Manager
Blockchain project managers oversee teams working to create or integrate blockchain technology in their day-to-day operations. They also work as liaisons between technical and non-technical teams. This course helps project managers develop a foundation in blockchain technology, and prepare them for the responsibilities of overseeing blockchain projects. This includes the fundamentals of bitcoin, the history and evolution of blockchain, and key concepts like the custody, responsibility, and control continuum.
Systems Analyst
Systems analysts design and implement computer systems and applications. They may also work on blockchain projects, such as designing and implementing blockchain-based systems or integrating blockchain technology into existing systems. This course is beneficial for systems analysts because it helps build a foundation in the history and evolution of blockchain, the fundamentals of bitcoin, and key concepts like the custody, responsibility, and control continuum.
Product Manager
Blockchain product managers work with teams to develop products that integrate blockchain, cryptocurrencies, or related technologies. They are typically responsible for the vision, strategy, and execution of these products. This course is beneficial for blockchain product managers because it helps build a foundation in the fundamentals of bitcoin, and the history and evolution of blockchain. This is essential to developing and executing successful blockchain-based products.
Venture Capitalist
Venture capitalists invest in early-stage companies, including companies developing blockchain-based technologies and applications. This course is beneficial for venture capitalists because it provides a foundation in the fundamentals of bitcoin, the history and evolution of blockchain technology, and key concepts surrounding it. These things are essential to evaluating blockchain companies and making informed investment decisions.
Data Scientist
Blockchain data scientists are responsible for extracting and analyzing data created by blockchain ledgers. They also develop algorithms and use machine learning to find trends and patterns in blockchain data. This course can help data scientists on their path to becoming experts in blockchain data. The course covers fundamentals of the technology and many topics that are essential to blockchain data analysis, including the fundamentals of bitcoin, the history and evolution of blockchain, and key concepts surrounding it.
Financial Analyst
Financial analysts forecast future financial performance and make trading recommendations. They may also evaluate blockchain and cryptocurrency markets and companies. This course is beneficial for financial analysts because it covers the fundamentals of bitcoin, the history and evolution of blockchain, and key concepts like the custody, responsibility, and control continuum. Understanding these things is essential for evaluating blockchain and crypto markets and making informed trading recommendations.
Technical Writer
Technical writers create documentation for software, hardware, and other technical products. They may also work on blockchain projects, such as creating documentation for blockchain-based applications or platforms. This course is beneficial for blockchain technical writers because it helps build a foundation in the fundamentals of bitcoin, the history and evolution of blockchain technology, and key concepts surrounding it. Understanding these things is essential to creating accurate documentation for blockchain-based products and services.
Lawyer
Blockchain lawyers focus their practice on matters involving blockchain, cryptocurrencies, and other aspects of fintech. They may work as corporate counsel for blockchain companies, or open their own practice to serve the legal needs of individual and corporate clients in the blockchain space. This course is beneficial for blockchain lawyers because it helps build a foundation in the fundamentals of bitcoin, and the history and evolution of blockchain. Understanding the technology itself is essential to meeting the legal needs of clients in this emerging field.
Economist
Blockchain economists assess the economic impact of blockchain and cryptocurrencies. They may also develop policies that affect the economic climate in which these technologies operate. This course is beneficial to a blockchain economist, because it helps establish a foundation in the fundamentals of bitcoin, and the history and evolution of blockchain technology. This is essential for comprehending the economic impact of these technologies and developing policies that healthily guide their growth.
Investment Banker
Investment bankers work with corporations to issue securities like stocks and bonds to raise capital. They may also help manage mergers and acquisitions, or advise companies on other financial decisions. This course is beneficial for investment bankers because it helps build a foundation in the fundamentals of bitcoin, and the history and evolution of blockchain technology. Understanding the basics of blockchain is essential as blockchain becomes more widely adopted and integrated into financial markets.

Reading list

We've selected 12 books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Introduction to Blockchain: Evolution and Technology Concepts.
Provides a technical deep dive into the inner workings of Bitcoin and blockchain technology. It covers topics such as Bitcoin's architecture, cryptography, and transaction processing, making it a valuable resource for developers and engineers interested in building blockchain applications.
Provides a comprehensive overview of Bitcoin and cryptocurrency technologies. It covers topics such as cryptography, blockchain, and the economics of cryptocurrencies.
Provides a comprehensive guide to building smart contracts and decentralized applications (dapps) on the Ethereum platform. It valuable resource for developers who want to learn how to leverage blockchain technology for real-world applications.
Explores the business applications of blockchain technology beyond cryptocurrencies. It provides real-world examples and case studies of how blockchain is being used in various industries, such as supply chain management, healthcare, and finance.
Explores the economic and monetary implications of Bitcoin and blockchain technology. It argues that Bitcoin superior form of money and has the potential to revolutionize the global financial system.
Provides a comprehensive overview of blockchain technology, cryptocurrencies, and their applications. It good resource for individuals who want to learn about the subject in depth.
Examines the broader implications of blockchain technology and its potential to transform various aspects of society, including the economy, governance, and social interactions.
Provides a popular account of the rise of blockchain technology and its potential to revolutionize various industries. It good resource for individuals who want to gain a general understanding of blockchain.
Provides an overview of the cryptocurrency market, including Bitcoin and other altcoins. It offers insights into the investment potential of cryptocurrencies and discusses the risks and opportunities involved.
Explores the legal challenges and implications of blockchain technology and cryptocurrencies. It discusses topics such as regulation, intellectual property, and cybersecurity.
Offers a beginner-friendly introduction to blockchain technology and its applications. It good resource for individuals who are new to the subject and want to gain a basic understanding of blockchain.

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