Strategic Business Value of Blockchain Technology Training Module Training Ppt

Slide 4

This slide showcases the significance of central authority in the business network. It also contains information about the different types of central authorities such as central banks, insurance companies, stock markets.

Slide 5

This slide illustrates the definition of ledgers and contracts in recording business transactions. It also contains information regarding the use cases of financial instruments (ledgers and contracts) that a central authority uses.

Slide 6

This slide highlights the issues faced by central authority while using financial instruments such as ledgers and contracts in recording business transactions. The major issues listed are lack of clarity, double spending, poor security, and questionable integrity.

Slide 7

This slide showcases the features offered by blockchains such as distributed ledgers and smart contracts to record, share and synchronize business transactions in blockchain networks.

Instructor’s Notes:

Multiple attributes of the distributed ledger are as follows:

• Recorded: The information stored in the ledger is time-stamped
• Transparent: The transaction records in the ledger are visible to anyone 
• Decentralized: The ledger is available on multiple computers, often referred to as nodes
• Immutable: It refers to the characteristic of a blockchain to remain unchanged

Slide 9

This slide showcases the definition of blockchain. It also highlights that blockchain is a digital ledger of business transactions that is difficult to change and hack.

Slide 10 

This slide showcases the functioning of blockchain technology. This model explains the different stages of the blockchain working providing details of the peer-to-peer network, node validation, transaction completion, etc.

Slide 11

This slide provides details about how blockchain helps in building trust to foster better business relationships. It also includes details of multiple trust areas such as data validity, governance, and reliability.

Instructor’s Notes:

The multiple measurable areas of trust are as follows:

• Data Validity: In blockchain the hash validation method is used to check the integrity of the data
• Data Governance: Blockchain platforms use algorithms to ensure immutability and maintain data integrity and consistency 
• Data Reliability: The blockchain ensures the reliability of data by providing a source-tracking feature

Slide 12

This slide contains information about the consensus mechanism in the blockchain along with its various examples such as proof of work, proof of stake, delegated proof of stake, proof of capacity etc.

Slide 13

This slide provides information regarding the definition of provenance with an example and how blockchain uses the concept of provenance to generate trust.

Slide 14

This slide indicates the immutability feature of blockchain which makes it trustworthy. It also includes details of the benefits of blockchain immutability such as data integrity, simplified auditing, and increased efficiencies.

Instructor’s Notes:

Multiple benefits of blockchain immutability are as follows:

• Data Integrity: When data is entered into a blockchain network, it requires approval of all the other nodes in the blockchain. Once the approval is given, the data gets added to the blockchain
• Simplifies Auditing: Blockchain’s distributed ledger can produce a complete history of business transactions making auditing an easy process for the organization
• Increases Efficiencies: Blockchain helps an organization save time and cost in audits and data validations, helping it focus on increasing operational efficiencies

Slide 15

This slide explains the importance of finality in trust generation in blockchain technology. It also contains information regarding the introduction and different types such as probabilistic, and absolute finality.

Instructor’s Notes:

Different types of finality in blockchain are as follows:

• Absolute Finality: In the blockchain, a transaction is immediately considered finalized once it is included in a block. Usually, this happens when the protocols used are based on PBFT (Practical Byzantine Fault Tolerance)
• Probabilistic Finality: If the chances of a transaction being reverted are high in the blockchain, it is known as probabilistic finality. It happens in the rare event of forking in a blockchain

Slide 17

This slide depicts the summary of the strategic business value of the blockchain technology training session. The trainer can use it to highlight the essential concepts of the session to trainees.

Slide 33 to 47

These slides depict energizer activities to engage the audience of the training session.

Slide 49 to 75

These slides consist of a client training proposal highlighting what the company providing corporate training can accomplish for the client.

Slide 76 to 78

These slides highlight the training evaluation form for instructor, content, and course assessment.