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After a quick review of Blockchain (BC) technology, this course illustrates some of the current applications of BC for business operations and its use for safely sharing information with partners.

There are many benefits, costs, and risks with both blockchain technology and the business process changes needed to exploit this technology. The bulk of the course addresses how to evaluate these costs, benefits, and risks, and assess the likely impact on competitive advantages and Return On Investment of blockchain applications for your particular organization.

The best tool for this assessment is explained: multi-criteria decision analysis which allows for careful consideration of all the factors bearing on the decision to pursue a particular blockchain application.

Learning Objectives

  • Explore how Blockchain (BC) technology can be used to safely share information and help integrate business partners
  • Explore how to evaluate feasibility, net benefit, and return on investment (ROI) of blockchain applications for your organization
  • Explore how to use multi-criteria decision analysis for blockchain assessment and decision-making

 

 

 

Last updated/reviewed: November 8, 2019

Included In Certifications

This course is included in the following Certification Programs:

10 CoursesCertified Blockchain Applications Analyst

  1. Understanding Blockchain Technology and its Capabilities
  2. Blockchain Use in Supply Chains and Systems Integration
  3. Advanced Blockchain Business Applications
  4. Private, Permissioned, Business Blockchains
  5. Blockchain for Business Process Reengineering and Competitive Advantage
  6. How to Assess Blockchain Value for Your Organization
  7. How to do Multi-Criteria Decision Analysis to assess Blockchain Value for Your Organization
  8. Calculating Blockchain Application ROI
  9. Blockchain Design and Implementation
  10. Blockchain Advanced Uses and Future Developments

1 Review (13 ratings)Reviews

3
Member's Profile
Great insight into an a assessment that facilitates determining whether or not to use BC.

Prerequisites

Course Complexity: Foundational

No advanced preparation or prerequisites are required for this course. However, it is recommended to take the other courses in the series prior to completing this one.

An understanding of basics of blockchain application and its applications in business is recommended and available via other Illumeo courses.

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
INTRODUCTION AND OVERVIEW
  3:20Introduction to How to Assess Blockchain Value for Your Organization
  14:38What is Blockchain?
  12:08Understand How to Evaluate Feasibility, Net Benefit, ROI of Blockchain Applications for Your Organization
  3:23Fortitude Tokens
  9:52Multi Criteria Assessment
  1:40Conclusion
CONTINUOUS PLAY
  45:02How to Assess Blockchain Value for Your Organization Full Video
SUPPORTING MATERIALS
  PDFSlides: How to Assess Blockchain Value for Your Organization
  PDFHow to Assess Blockchain Value for Your Organization Glossary/Index
REVIEW AND TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM