Blockchain

This module introduces blockchain, a technology which tracks the exchange of assets in a business network through the permanent storage of transaction records in a shared, distributed digital ledger. Blockchain technology increases trust, security, transparency and the traceability of data shared across a business network. Blockchain has the potential to revolutionise the way we conduct business and therefore understanding the basic concepts of blockchain will help you make smarter investments and capitalise on the potential of blockchain technology.
This module is suitable for a wide range of candidates; for example, non-technical professionals who wish to build and demonstrate an understanding of blockchain technology, facilitating engagement with their technical colleagues or their suppliers, or students who wish to add general technical knowledge to sector-specific or general studies.

Build an understanding of the key concepts, and potential of blockchain

Module overview

Category	Content
What is blockchain?	Identify the need for the development of blockchain Define the term blockchain Recognise the key components of blockchain Identify blockchain’s key uses Recognise the origins and development of blockchain
How does blockchain work?	Identify the key principles of blockchain Recognise how cryptography is used in blockchain Define the term wallet Define the term distributed ledger and identify its key characteristics Recognise the main phases of a blockchain transaction Recognise the need for consensus in blockchain Recognise examples of consensus mechanisms and their differences
Common Blockchain examples	Recognise common examples of crytocurrency and their uses Recognise the concept of a smart contract and its uses Recognise the concept of a non-fungible token and its uses
Blockchain adoption	Recognise some advantages of using blockchain Recognise some disadvantages of using blockchain Consider potential uses, examples, and benefits of blockchain for different sectors

Main learning outcomes

The Blockchain module consists of elearning followed by a brief certification test. Together, these components deliver a short, focused professional development solution. On completion, candidates will be able to:

Understand the term blockchain, its origins and development.
Identify the key principles of blockchain and the phases of a blockchain transaction.
Recognise common blockchain examples including cryptocurrency, smart contracts and non-fungible tokens.
Recognise the advantages and disadvantages of using blockchain.
Consider the uses and benefits of blockchain for specific sectors

Why certify with ICDL?

ICDL certification is internationally recognised by employers and institutions.
ICDL Insights modules combine cutting-edge e-learning with a brief certification test to demonstrate your mastery of the relevant concepts and good practice.
ICDL Insights modules can be coupled with more comprehensive, skills-focused modules to build a profile of skills, knowledge, and competences that are relevant to your career.
ICDL syllabus content is vendor- independent so that skills, knowledge, and competence are transferable.