Blockchain Frameworks – Ethereum, Hyperledger & Bitcoin
This course will teach you various concepts about Blockchain Frameworks – Ethereum, Hyperledger & Bitcoin. This is the 5th module of our Blockchain Masterclass For Business & Finance Professionals [2022] Course. A blockchain is a decentralized, distributed, and public digital ledger. The blockchain stores blocks of data (transactions) in a linear, chronological order.
Watch our ➡️ Blockchain Masterclass For Business & Finance Professionals [2022]
https://youtu.be/De0xN-dRQNA
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⭐ About Blockchain: ⭐
Blockchain technology is the backbone that supports Cryptocurrencies such as Bitcoins, Ethereum, Litecoin, EOS, and Stellar. Blockchain is a protocol for exchanging value over the internet without an intermediary, such as a central bank. It is the technology that allows secure management of a public ledger or database which is nothing but the ‘distributed ledger’, where transactions are verified and securely stored on a network without a physical governing central authority.
It is believed to have the similar disruptive potential that the internet had in the 1990s.
Just like the internet revolutionized the exchange of information, Blockchain is being said to revolutionize the exchange of value. Clearly, Chartered Accountants, CFOs, and business leaders are intrigued by the promise of Blockchain technology.In a marked difference from the prevailing systems of exchange of value, where two or more parties need to agree on the value and other commercial considerations for a transaction to happen, Blockchain allows for transactions within a closed group underpinned by a cryptocurrency.
Blockchain offers the storage of records of transaction data through distributed networks. It retains the full history of transactions, which makes them verifiable and independently auditable. It also enables peer-to-peer transfer of value, potentially eliminating the need for intermediaries. In addition, event-triggered programmable contracts, also known as smart contracts, can be stored and executed on Blockchain.
⭐What this Blockchain technology is so powerful?⭐
Blockchain has several intrinsic features which allow it to record and transfer value over the internet in a peer-to-peer manner:
Irreversibility: This technology prevents double spending, fraud, abuse, and manipulation of transactions because it contains certain and verifiable records of every single transaction ever made that cannot be altered without altering the entire chain.
No intermediary: It allows any two parties to transact directly with each other, without any trusted third party.
Near real-time: It enables near real-time settlement of recorded transactions, removing friction, and reducing risk.
Censorship resistant: Crypto economics ensures that Blockchain continues pumping out new blocks and that blocks are not being reverted or altered.
Distributed ledger: The peer-to-peer distributed network records a public history of transactions, making Blockchain distributed and highly available.
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Keywords:
This course will teach you how to take advantage of the blockchain by building your own solutions using various frameworks and languages. The classroom environment is divided into sections and lesson topics will vary depending on the skills you want to learn, but we’d be happy to help you create a plan that makes sense for you! introduction to blockchain and cryptocurrency Blockchain is one of the most prominent technologies today. It has created a new era in the way we make payments and move along with money. Blockchain is a distributed ledger that serves as the basis for cryptocurrencies such as Bitcoin, Ethereum, Ripple, and others. framework blockchain, The blockchain framework will let you build scalable systems on public or private blockchains, which could be for business to business or consumer to consumer. In this course, you’ll learn about the layers of blockchain technology and its applications from developing blockchains from scratch using Python to building smart contracts around it all. You’ll also learn about some popular blockchain frameworks including Hyperledger Fabric, Corda, Eris, Nematata as well as several others. You’ll get guidance from real-world examples so you can see how blockchain really benefits different industries.