Personal data stored in Blockchain cannot be changed or removed. The
transparency might render Blockchain deemed unsuitable for personal data protection but behind the humble beginning of Blockchain, few know that it was created just for that; to protect personal data and maintain privacy.
What if your database worked like a network – a network that’s shared
with everybody in the world, where anyone and anything can connect to it? Vinay Gupta, Harvard Business Review (2017). Blockchain experts call this “decentralization.” Decentralization offers the promise of nearly friction-free cooperation between members of complex networks that can add value to each other by enabling collaboration without central authorities and middle man.
Head of states and related institutions worldwide, speakers at World
Economic Forum, traders on Wall Street and even diamond miners in South Africa have already expressed their interest in using this technology. Blockchain is largely regarded as the technology powering up the Bitcoin virtual currency and other cryptocurrencies.
Although blockchain technology emerged from the open source
community, it quickly attracted many stakeholders, each with different backgrounds, interests, and motives. Developers, industry players, venture capitalists, entrepreneurs, governments, and non-government organizations have their own perspectives, and each has a role to play. There are early signs that many of the core stakeholders see the need for leadership and are stepping up and the ecosystem has gone beyond cryptocurrencies. Benefits By attending this less than half a day’s training, participants would be able to understand what Blockchain is all about in layman’s term, how it started with Bitcoin and followed by other cryptocurrencies mainly to avoid middlemen, how it has started influencing the financial system and how the entire Blockchain Technology ecosystem has developed beyond financial system to other industries.
Programme outline
The Beginning; Personal Data Protection and Blockchain
Blockchain and Middlemen Blockchain and Application – Cryptocurrencies (Finance) Blockchain – The Ecosystem
Training outcome
Understanding how Blockchain works
Types of Blockchain Impact of Blockchain on Business and Society Blockchain use cases in real-life How to relate to our industries