An Introduction to Blockchain Technology and its Applications

Stanford Continuing Studies

Stanford Continuing Studies

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About the course

Blockchain is an emerging technology that can radically improve security in banking, supply chain, and other transaction networks. Essentially, it provides the basis for a dynamic distributed ledger that can save time when recording transactions between parties, remove costs associated with intermediaries, and reduce risks of fraud and tampering. This course explores the fundamentals and applications of blockchain technology. Students will learn about the decentralized peer-to-peer network, distributed ledger, and trust model that define blockchain technology. We will examine the basic components of blockchain (transaction, block, block header, and the chain), its operations (hashing, verification, validation, and consensus model), underlying algorithms, and the essentials of trust (hard fork and soft fork). We will look at private and public blockchain networks similar to Bitcoin and Ethereum, as well as concepts of smart contracts, proof of work, and proof of stake. Finally, we will address the relationships among blockchain technology, Internet of Things, artificial intelligence, cybersecurity, and digital transformation. The course also will include practical cases, research assignments, videos, and guest speakers from the industry. By the end of the course, students will understand the inner workings and applications of this disruptive technology and its potential impact on all aspects of the business world and society.

Experts

Ahmed Banafa

Prof. Ahmed Banafa has extensive experience in research, operations and management, with a focus on IoT, Blockchain, Cybersecurity and AI. He is a reviewer and a technical contributor for the publication of several technical books. He served as an instructor at well-known universities and college...

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An Introduction to Blockchain Technology and its Applications at Stanford Continuing Studies

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