Blockchain and Cryptocurrency Explained

Blockchain and Cryptocurrency Explained

Blockchain and Cryptocurrency Explained This course is part of Financial Technology (Fintech) Innovations Specialization Taught in English 22 languages available Some content may not be translated Instructors: Robert Dittmar +1 more Close Instructors Instructor ratings We asked all learners to give feedback on our instructors based on the quality of their teaching style. Close 4.7

Description

Blockchain and Cryptocurrency Explained

In recent years, there has been a growing interest in blockchain technology and cryptocurrencies. These innovations have the potential to revolutionize the way we conduct transactions, manage data, and secure information. In this article, we will explain what blockchain and cryptocurrency are, and how they work together to create a secure and decentralized system.

Blockchain is a decentralized, distributed ledger technology that records transactions across a network of computers. Each transaction is verified by network participants, or nodes, and added to a chronological chain of blocks. Once a block is added to the chain, it is immutable, meaning it cannot be altered or tampered with. This makes blockchain a secure and transparent system for recording and sharing information.

Cryptocurrency is a digital or virtual form of currency that is secured by cryptography

Blockchain and Cryptocurrency Explained

This course is part of Financial Technology (Fintech) Innovations Specialization

Taught in English

Some content may not be translated

Robert Dittmar
Andrew Wu

Instructors: Robert Dittmar

44,738 already enrolled

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Course

Gain insight into a topic and learn the fundamentals

4.7

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97%

Beginner level
No prior experience required
8 hours (approximately)
Flexible schedule
Learn at your own pace

What you’ll learn

  • Explain how blockchain works.

  • Articulate the key technical aspects, such as decentralization and consensus algorithms.

  • Describe the strengths and weaknesses of cryptocurrency as an asset and a payment mechanism.

  • Evaluate tradeoffs of blockchain as a business solution.

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Assessments

6 quizzes

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