Home Business How to become your company’s “go-to” Blockchain expert
1769

How to become your company’s “go-to” Blockchain expert

How to become your company’s “go-to” Blockchain expert
0
1769

By: Mashable

From niche technical publications to watercooler conversations to the corporate boardroom, blockchain has become the latest buzz-worthy technology that practically everybody is talking about.

But if you stopped the average Joe on the street to ask, What exactly is blockchain?, chances are  you’d get some head-scratching and a few vague references to Bitcoin as a response.

Consider: Blockchain is being touted as the most disruptive invention since the internet itself; isn’t it worth learning the basics about what it is and how it works?

RMIT is the first Australian university to offer a dedicated blockchain course online, Developing Blockchain Strategy, and it’s a great place to start expanding your knowledge set. The eight-week course gives students the skills they need to apply blockchain to a 21st century workforce, regardless of their expertise or industry.

Below is a brief cheat-sheet on blockchain, as well as some guidance on how you can become an expert on this game-changing technology.

Blockchain basics

One of the biggest misconceptions about blockchain is that it is synonymous with cryptocurrency. The truth is that blockchain is more of a foundation for crypto — it is the technology that underpins Bitcoin and other cryptocurrency transactions, kind of like a digital ledger — and it has wide-ranging implications for a variety of modern business practices.

“Blockchain tends be thrown around as a catch-all term, referring to everything from Bitcoin to Dogecoin,” explains Alan Tsen, the general manager of Melbourne-based Stone & Chalk, an independent fintech hub and one of the organisations that alongside Accenture and the Blockchain Innovation Hub, have partnered with RMIT on the course.

Blockchain will likely become a commonplace element of smart contracts, everyday retail transactions — even the way we vote. 

Perhaps the best way to think about blockchain is as a “general purpose” technology — kind of like a backend database. It’s useful for more than just monetary transactions, too: It can be used to track and support a variety of sensitive data streams, such as identity records or contractual agreements. It will inevitably pervade industries such as government, law, energy, and health care, in addition to the obvious (finance and banking). In the not-too-distant future, blockchain will likely be a commonplace element of smart contracts, everyday retail transactions — even the way we vote.

The technology’s primary benefits — and why it is so exciting — is that it is highly transparent (every transaction conducted via the blockchain is open to public record), virtually incorruptible (due to its distributed nature), and extremely versatile (as mentioned, crypto transactions only scratch the surface of potential use-cases for blockchain).

All that said, perhaps the second biggest myth about blockchain is that it will irreversibly disrupt  every industry.

“Most [people] talk about blockchain like it’s a magical technology that can transform any business model it touches,” says Tsen. “Although it’s a hugely exciting technology, it needs to be understood for what it is — a database structure that has some really useful characteristics that are well-suited to a number of industry problems.”

IMAGE: PIXABAY

In other words, blockchain — in and of itself — is not the end all, be all, “magic bullet” to every modern societal and business issue. Though, it may have a major impact upon what solutionsto those problems look like.

How (and why) to become a blockchain authority

This year, it’s likely that blockchain will quickly evolve from exciting, theoretical buzzword to concrete tool —so, why should you care?

For one, blockchain development is already the second-hottest skill in the job market. Blockchain is quickly going to become an integral part of many — and perhaps some surprising — business models. No matter your field, there’s a strong chance that blockchain will one day have an impact on how your organisation conducts its day-to-day processes.

Thus, being one of the first people in your company to truly grasp the technology may provide a leg up the corporate ladder. More generally, the skill of brainstorming how an emerging technology of this scale will impact your company is hugely beneficial to your critical-thinking skill set — and can be applied to other disruptive concepts such as artificial intelligence/machine learning, the Internet of Things, and virtual reality/augmented reality.

In addition to keeping abreast of the latest blockchain developments via blogs, newsletters, podcasts, and the latest watercooler banter (although, take the last resource with a grain or six of salt), investing your time in a comprehensive course will help you truly master this exciting new platform — and become the “go-to” person on the topic within your organisation.

Learn more about how to turn blockchain and cryptoeconomics into real-world strategy for your respective industry by enrolling in RMIT’s blockchain course today.

Comment(1,769)

  1. Pingback: vidalista peptides
  2. Pingback: cost of stromectol
  3. Pingback: cialis 2
  4. Pingback: amstyles.com
  5. Pingback: best malaria drugs
  6. Pingback: doxycycline pdf
  7. Pingback: sildenafil webmd
  8. Thank you for every one of your labor on this web site. My daughter really loves making time for investigations and it’s really obvious why. Most people learn all regarding the lively mode you present reliable tactics through this web site and even inspire participation from some others on the point then our favorite princess is now starting to learn a whole lot. Take advantage of the rest of the year. You are always doing a remarkable job.

  9. I needed to draft you one little bit of observation so as to say thank you once again for those incredible methods you’ve documented here. It is quite pretty generous of people like you to allow extensively all that a lot of folks could have distributed as an e-book in order to make some bucks for their own end, chiefly considering the fact that you could have done it if you considered necessary. The good ideas additionally acted as the easy way to be certain that most people have a similar dream just like mine to find out a lot more in regard to this condition. I’m certain there are lots of more enjoyable moments ahead for individuals that examine your blog.

  10. I needed to post you one little observation so as to say thank you as before for those great methods you’ve documented here. It has been certainly pretty generous of people like you to convey freely exactly what a number of people could possibly have made available as an e book to earn some cash for their own end, even more so considering the fact that you could possibly have done it if you ever decided. The ideas also acted like a fantastic way to comprehend other individuals have similar dreams like my own to grasp good deal more on the subject of this issue. I’m sure there are many more fun occasions ahead for individuals that look into your blog post.

  11. Thank you for your entire labor on this web site. My mom really loves managing investigations and it is obvious why. My partner and i learn all regarding the lively tactic you present sensible things through your web site and in addition invigorate response from some others on the situation then our favorite princess is truly starting to learn a whole lot. Take advantage of the rest of the year. You have been doing a stunning job.

  12. A lot of thanks for all your efforts on this site. Gloria enjoys engaging in investigation and it’s easy to understand why. Almost all know all concerning the dynamic means you deliver great items on the web blog and as well encourage contribution from other people on that concern plus our daughter is actually being taught a lot. Have fun with the remaining portion of the new year. You’re the one conducting a glorious job.

  13. I am also commenting to let you know of the great encounter my friend’s daughter found reading through your web page. She figured out numerous issues, not to mention what it’s like to have an amazing giving mood to have men and women really easily have an understanding of selected hard to do subject areas. You really exceeded our own expectations. Many thanks for imparting the interesting, safe, explanatory and even easy thoughts on the topic to Janet.

  14. I simply wanted to thank you so much once more. I do not know what I would’ve taken care of without these strategies revealed by you over that subject. It was an absolute horrifying matter in my position, nevertheless spending time with this specialized style you resolved the issue took me to leap with happiness. I will be happy for your service and then sincerely hope you realize what an amazing job you have been providing teaching some other people using your web site. Most likely you haven’t got to know any of us.

  15. Pingback: harder erection
  16. Pingback: tadalafil for men
  17. It is the best time to make some plans for the future and it is time to be happy.
    I’ve read this submit and if I may just I desire to suggest you few attention-grabbing issues
    or tips. Perhaps you can write subsequent articles referring to this article.
    I wish to read even more things about it!

  18. Pingback: generic sildenafil
  19. I have been browsing on-line more than three hours as of late,
    yet I by no means discovered any attention-grabbing article like yours.
    It’s beautiful value sufficient for me. Personally, if all site owners and
    bloggers made just right content as you probably did,
    the internet might be much more helpful than ever before.

  20. In accordance with my observation, after a in foreclosure home is offered at a bidding, it is common for your borrower in order to still have the remaining unpaid debt on the mortgage. There are many creditors who seek to have all fees and liens repaid by the upcoming buyer. Even so, depending on specific programs, restrictions, and state laws there may be some loans that are not easily settled through the shift of loans. Therefore, the obligation still rests on the borrower that has obtained his or her property in foreclosure. Many thanks for sharing your thinking on this weblog.

  21. Pingback: cialis commercials
  22. It’s perfect time to make some plans for the future and it’s time to be happy.
    I have read this post and if I could I wish to suggest you few interesting
    things or advice. Perhaps you can write next articles referring to this article.
    I desire to read more things about it!

  23. Terrific article! That is the type of info that are supposed to be shared around the net.
    Shame on Google for not positioning this post higher! Come on over and talk over with my website .
    Thank you =)

  24. It’s appropriate time to make some plans for the future and it’s time to be happy.
    I have read this post and if I could I want to suggest you few interesting things or suggestions.
    Maybe you could write next articles referring to this article.
    I wish to read more things about it!

  25. I’ve been surfing on-line greater than 3 hours lately, but I never discovered
    any attention-grabbing article like yours. It’s lovely value enough for me.

    In my opinion, if all site owners and bloggers made
    excellent content as you did, the web will likely be a lot more useful than ever before.

  26. Pingback: aurogra for sale
  27. Одновременно с этим существует и другая сторона формирования и организации высказывания.

  28. google, Entertainment, Usa, yahoo, kamala harris, and latest news. https://finance.hanyang.ac.kr/web/voh/home?p_p_id=20&p_p_lifecycle=0&p_p_state=normal&p_p_mode=view&p_p_col_id=column-1&p_p_col_pos=20&p_p_col_count=22&_20_redirect=https%3a%2f%2fbatmanapollo.ru&_20_struts_action=%2Fdocument_library%2Fview_file_entry&_20_fileEntryId=371687&_20_version=1.0 – Fox News Reporting, 2 Degrees, vimeo, Binge, 2 Degrees, national and world news. Discord, Special Report, dailymotion, nfl scores, facebook login, and political news at today.

  29. Tech, Sunday Morning Futures w/ Maria Bartiromo, Formula E, Inside Africa, Upstarts, latest breaking news. https://vcultural.uk.ac.ir/en/-/%D9%81%D8%B1%D8%A7%D8%AE%D9%88%D8%A7%D9%86-%D9%85%D8%B3%D8%A7%D8%A8%D9%82%D9%87-%D8%B4%D8%B9%D8%B1-%D9%88-%D8%AF%D8%A7%D8%B3%D8%AA%D8%A7%D9%86-%DA%A9%D9%88%D8%AA%D8%A7%D9%87-%D8%B9%D8%A7%D8%B4%D9%88%D8%B1%D8%A7%DB%8C%DB%8C?redirect=http%3a%2f%2fbatmanapollo.ru – Sports, yahoo, youtube, Fox News Sunday, tinder, Current News. Amazon national news,

  30. GO!!!
    This phrase was said by the first cosmonaut on Earth – Yuri Gagarin. (Yuri Gagarin)
    He was the first astronaut on Earth. He was Russian! …
    Now Russia is becoming a strong country, gas pipelines, a vaccine against COVID-19, an army.
    Is this very reminiscent of the communist Soviet Union?
    How do you think?
    Now we have total control in our country. I am interested in the opinion of foreigners.

    Албонумисматико

    ПОЕХАЛИ!!

  31. GO!!!
    This phrase was said by the first cosmonaut on Earth – Yuri Gagarin. (Yuri Gagarin)
    He was the first astronaut on Earth. He was Russian! …
    Now Russia is becoming a strong country, gas pipelines, a vaccine against COVID-19, an army.
    Is this very reminiscent of the communist Soviet Union?
    How do you think?
    Now we have total control in our country. I am interested in the opinion of foreigners.

    Албонумисматико

    ПОЕХАЛИ!!

  32. Pingback: free fun dating
  33. Pingback: free dating sitea
  34. What i don’t understood is in reality how you are not actually a lot more well-favored than you might be right now. You are so intelligent. You know therefore significantly relating to this subject, produced me in my view believe it from so many various angles. Its like men and women aren’t involved until it’s something to accomplish with Lady gaga! Your own stuffs excellent. At all times deal with it up!

  35. I’m curious to find out what blog platform you’re utilizing? I’m experiencing some small security problems with my latest website and I’d like to find something more risk-free. Do you have any solutions?

  36. Pingback: keto fried fish
  37. Pingback: keto quiche