IBM

Day 4 – Blockchain – Consolidated Content Topics Outline

Introduction to Blockchain

  • What is Blockchain?
  • Evolution of Blockchain Technology
  • Key characteristics: Distributed, Decentralized, Permissionless, Immutable
  • Blockchain as a digital transaction record database
  • Real-world analogy of record keeping
    Blockchain Fundamentals
  • Distributed network of nodes
  • Peer-to-peer architecture
  • Role of decentralization
  • Permissionless networks
  • Immutability and trust
    How Blockchain Works
  • Blocks and block structure
  • Linking of records (Block chaining)
  • Hashing and digital fingerprints
  • Consensus overview
  • Security through cryptography
    Digital Transactions on Blockchain
  • Digital buying and selling process
  • Transaction lifecycle
  • Validation and verification
  • Transparency in transactions
    Proof of Work (PoW)
  • What is Proof of Work?
  • Why Proof of Work is required
  • Role of miners
  • Mining and block validation
    Blockchain Mining
  • Definition of mining
  • Mining process step-by-step
  • Mining rewards and incentives
  • Security and tamper resistance

Cryptography Basics

  • Introduction to cryptography
  • Secret codes and encryption basics
  • Public key and private key concepts
  • Digital signatures
    Blockchain Wallet
  • What is a Blockchain Wallet?
  • Purpose of wallets in transactions
  • Public key vs Private key
  • Wallet security basics
    Cryptocurrencies
  • Introduction to cryptocurrencies
  • Popular cryptocurrencies overview
  • Bitcoin fundamentals
  • Role of cryptocurrency in blockchain
    Bitcoin Overview
  • History of Bitcoin
  • How Bitcoin works
  • Bitcoin as digital gold
  • Bitcoin transactions
    Use Cases of Blockchain
  • Blockchain in Walmart (Supply Chain example)
  • Supply chain traceability
  • Banking and financial records
  • Healthcare equipment tracking
  • Secure record-keeping systems
    Benefits of Blockchain Technology
  • No third-party intermediaries
  • Greater transparency
  • High availability
  • High security
  • Faster transactions and cost savings
  • Improved traceability
    Hands-on Labs and Activities
  • Blockchain hash demo
  • Classic Blockchain Demo by Anders Brownworth
  • Visualizing block linking
  • Cryptography practice activities
    Summary and Learning Outcomes
  • Understanding blockchain fundamentals
  • Awareness of cryptography and security
  • Knowledge of cryptocurrencies and Bitcoin
  • Real-world relevance of blockchain technology

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