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Stefano M. Stefan

Learn how the blockchain authenticates transactions and distributes data to peers — nodes connected to the network. This course shows you how multiple versions of a blockchain are reconciled into one, discusses blockchain limitations, and delves into organizational applications of blockchain technology.

This course requires the purchase of two books for the completion of assignments:

Drescher, D. (2017). Blockchain Basics: A Non-Technical Introduction in 25 Steps. (ISBN-13: 978-1484226032)

Antonoupoulos, A. M. (2017). The Internet of Money, Volume Two. (ISBN-13: 978-1947910065)

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What's inside

Syllabus

Authenticating Transactions and Distributing Data to Peers
During this initial week we will start by looking at how the blockchain data are shared among nodes in the peer-to-peer network over the internet and how the interconnectivity of the nodes is managed.
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Traffic lights

Read about what's good
what should give you pause
and possible dealbreakers
Explores core blockchain concepts and applications, making it suitable for learners interested in understanding this emerging technology
Taught by Stefano M. Stefan, an experienced instructor in blockchain and distributed ledger technologies
Covers topics like data authentication, blockchain reconciliation, limitations, and organizational applications, providing a comprehensive understanding of blockchain technology
Requires the purchase of two specific books for assignments, which may add to the financial burden for learners

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Reviews summary

Blockchain system: foundational overview

Learners say this course offers a solid introduction to the core concepts and system architecture of blockchain. It provides a good foundation for understanding how the technology works at a high level and its organizational applications. However, some learners note it might lack the technical depth required for more hands-on or development-focused roles. The course requires the purchase of two external books, which some found an added cost, though others felt the assignments based on these books were helpful in reinforcing concepts. There are concerns that some of the material, particularly the required readings from 2017, may feel outdated in the rapidly evolving blockchain space. Overall, it is seen as strong for those seeking a conceptual or organizational understanding rather than deep technical detail.
Covers system structure and applications.
"More about how the blockchain system works conceptually and organizationally."
"It focuses on the structure and potential business applications, less on crypto trading."
"Good for understanding the system architecture and business implications."
Assignments help apply concepts from readings.
"The assignments were helpful and made me really engage with the material in the books."
"I found the assignments useful for solidifying my understanding."
"Required me to apply principles learned, which was beneficial."
Offers a good introduction to blockchain basics.
"A great starting point for anyone completely new to blockchain."
"Really helped me understand the fundamental concepts and principles."
"It lays a solid foundation for anyone looking to learn the basics."
Some material feels potentially dated.
"Considering the required books are from 2017, some concepts felt a bit old."
"The blockchain space moves so fast, parts of the course felt slightly behind."
"Wish there was more up-to-date information on recent developments."
Good overview but not deep enough technically.
"Good for getting the basics, but doesn't go deep into the technical details of implementation."
"I was hoping for more on the underlying cryptography and code aspects."
"Provides a high-level view but isn't suitable for those wanting deep technical skills."
Course requires specific books adding cost.
"The course requires buying two books, which definitely added to the overall cost."
"Make sure you get the books before starting, you'll need them for the assignments."
"I wasn't expecting to have to purchase additional books for this course."

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 The Blockchain System with these activities:
Compile Your Course Materials
Organizing your course materials will provide a useful reference for studying and review.
Show steps
  • Gather notes from each lecture and tutorial
  • Review your assignments and quizzes
  • Organize your materials into a logical structure
Show all one activities

Career center

Learners who complete The Blockchain System will develop knowledge and skills that may be useful to these careers:
Blockchain Developer
Blockchain Developers are responsible for designing, developing, and maintaining blockchain-based systems and applications. They need a deep understanding of blockchain technology, including the principles of consensus, cryptography, and distributed systems. This course, The Blockchain System, provides a strong foundation for understanding the fundamentals of blockchain technology. It covers topics such as authenticating transactions, distributing data to peers, determining the canonical version of a blockchain, and blockchain limitations. By taking this course, you will gain the skills and knowledge necessary to succeed as a Blockchain Developer.
Cryptocurrency Analyst
Cryptocurrency Analysts are responsible for analyzing and interpreting data on cryptocurrencies and blockchain-based systems. They need a strong understanding of blockchain technology, as well as financial markets and economics. This course, The Blockchain System, provides a strong foundation for understanding the fundamentals of blockchain technology. It covers topics such as authenticating transactions, distributing data to peers, determining the canonical version of a blockchain, and blockchain limitations. By taking this course, you will gain the skills and knowledge necessary to succeed as a Cryptocurrency Analyst.
Blockchain Architect
Blockchain Architects are responsible for designing and implementing blockchain-based solutions for businesses. They need a deep understanding of blockchain technology, as well as business processes and requirements. This course, The Blockchain System, provides a strong foundation for understanding the fundamentals of blockchain technology. It covers topics such as authenticating transactions, distributing data to peers, determining the canonical version of a blockchain, and blockchain limitations. By taking this course, you will gain the skills and knowledge necessary to succeed as a Blockchain Architect.
Blockchain Consultant
Blockchain Consultants are responsible for providing advice and guidance to businesses on how to implement and use blockchain technology. They need a deep understanding of blockchain technology, as well as business processes and requirements. This course, The Blockchain System, provides a strong foundation for understanding the fundamentals of blockchain technology. It covers topics such as authenticating transactions, distributing data to peers, determining the canonical version of a blockchain, and blockchain limitations. By taking this course, you will gain the skills and knowledge necessary to succeed as a Blockchain Consultant.
Data Scientist
Data Scientists are responsible for collecting, analyzing, and interpreting data to help businesses make better decisions. They need a strong understanding of data analysis techniques, as well as programming and machine learning. This course, The Blockchain System, provides a strong foundation for understanding the fundamentals of blockchain technology. It covers topics such as authenticating transactions, distributing data to peers, determining the canonical version of a blockchain, and blockchain limitations. By taking this course, you will gain the skills and knowledge necessary to succeed as a Data Scientist in the blockchain industry.
Software Engineer
Software Engineers are responsible for designing, developing, and maintaining software systems. They need a strong understanding of software development principles, as well as programming languages and technologies. This course, The Blockchain System, provides a strong foundation for understanding the fundamentals of blockchain technology. It covers topics such as authenticating transactions, distributing data to peers, determining the canonical version of a blockchain, and blockchain limitations. By taking this course, you will gain the skills and knowledge necessary to succeed as a Software Engineer in the blockchain industry.
Financial Analyst
Financial Analysts are responsible for analyzing and interpreting financial data to help businesses make better decisions. They need a strong understanding of financial markets and economics, as well as data analysis techniques. This course, The Blockchain System, provides a strong foundation for understanding the fundamentals of blockchain technology. It covers topics such as authenticating transactions, distributing data to peers, determining the canonical version of a blockchain, and blockchain limitations. By taking this course, you will gain the skills and knowledge necessary to succeed as a Financial Analyst in the blockchain industry.
Product Manager
Product Managers are responsible for managing the development and launch of new products. They need a strong understanding of product development and management principles, as well as market research and analysis. This course, The Blockchain System, provides a strong foundation for understanding the fundamentals of blockchain technology. It covers topics such as authenticating transactions, distributing data to peers, determining the canonical version of a blockchain, and blockchain limitations. By taking this course, you will gain the skills and knowledge necessary to succeed as a Product Manager in the blockchain industry.
Business Analyst
Business Analysts are responsible for analyzing and improving business processes. They need a strong understanding of business analysis techniques, as well as data analysis and modeling. This course, The Blockchain System, provides a strong foundation for understanding the fundamentals of blockchain technology. It covers topics such as authenticating transactions, distributing data to peers, determining the canonical version of a blockchain, and blockchain limitations. By taking this course, you will gain the skills and knowledge necessary to succeed as a Business Analyst in the blockchain industry.
Project Manager
Project Managers are responsible for planning, executing, and controlling projects. They need a strong understanding of project management principles, as well as scheduling and budgeting. This course, The Blockchain System, provides a strong foundation for understanding the fundamentals of blockchain technology. It covers topics such as authenticating transactions, distributing data to peers, determining the canonical version of a blockchain, and blockchain limitations. By taking this course, you will gain the skills and knowledge necessary to succeed as a Project Manager in the blockchain industry.
Accountant
Accountants are responsible for preparing and analyzing financial statements. They need a strong understanding of accounting principles and practices, as well as tax laws and regulations. This course, The Blockchain System, may be useful for Accountants who want to learn more about blockchain technology and its potential impact on the accounting profession.
Lawyer
Lawyers are responsible for providing legal advice and representation to clients. They need a strong understanding of the law, as well as legal research and analysis. This course, The Blockchain System, may be useful for Lawyers who want to learn more about blockchain technology and its potential impact on the legal profession.
Marketing Manager
Marketing Managers are responsible for planning and executing marketing campaigns. They need a strong understanding of marketing principles and practices, as well as market research and analysis. This course, The Blockchain System, may be useful for Marketing Managers who want to learn more about blockchain technology and its potential impact on the marketing profession.
Sales Manager
Sales Managers are responsible for managing sales teams and achieving sales targets. They need a strong understanding of sales techniques and principles, as well as customer relationship management. This course, The Blockchain System, may be useful for Sales Managers who want to learn more about blockchain technology and its potential impact on the sales profession.
IT Manager
IT Managers are responsible for planning and managing IT systems and infrastructure. They need a strong understanding of IT principles and practices, as well as project management and budgeting. This course, The Blockchain System, may be useful for IT Managers who want to learn more about blockchain technology and its potential impact on the IT profession.

Reading list

We've selected seven 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 The Blockchain System.
Explores the potential of blockchain technology to transform the internet, from its infrastructure to its applications. It would be a valuable resource for those interested in understanding the future of the internet and the role that blockchain will play in it.
Provides a comprehensive overview of blockchain technology and its potential impact on the economy. It great resource for anyone who wants to learn more about the future of blockchain.
Provides a comprehensive overview of blockchain technology and its potential impact on various industries. It great resource for anyone who wants to learn more about the future of blockchain.
Provides a comprehensive guide to investing in cryptoassets such as Bitcoin and Ethereum. It valuable resource for anyone who wants to learn more about this emerging asset class.
Provides a comprehensive overview of blockchain technology and its potential impact on various industries. It great resource for anyone who wants to learn more about the future of blockchain.

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