Blockchain smart contracts
Satoshi Nakamoto in his white paper “Bitcoin: A Peer-to-peer Electronic Cash System” envisaged Bitcoin token as a form of electronic currency. The Bitcoin block chain provides an infallible distributed ledger to track transactions. To achieve this, programmable instruction known as a smart contract is included in the block chain. By design, the instruction set for the Bitcoin smart contract is limited for simplicity and ensuring the contracts terminate properly.
Vitalik Buterin went ahead to enhance the said smart contract code to allow for more complex tamper-proof code to be stored and executed as decentralised applications (known as dApps), resulting in a new block chain called Ethereum and powered by its associated ETH token. It has “Turing complete” properties.
A typical smart contract use case would be to create custom tokens which could be distributed, bought and traded as assets, utility or payment tokens.
The goals and milestones of the program (comprising Level 1, Level 2 and Level 3 modules) being:
- creating awareness and increasing adoption of the block chain technology
- on boarding and equipping participants with the relevant skillsets
- minimising the associated pains while mastering a new domain
- acquiring competency at the shortest possible time
- empowering participants to participate in
- thinking-conversations within their work environments
- providing meaningful and value-added inputs
to embrace a more block chain-centric corporate culture
The course theme is to help participants future proof their career paths against the disruptive innovation that the block chain technology will bring to bear across a broad spectrum of industries. This program is not targeted at the intermediate/advanced block chain developers.
The pedagogy is to pique the curiosity of the target audience through show-and-tell. This is particularly helpful when dealing with an ecosystem as huge and complicated as block chain. Likening it to the elephant in the dark. The hands-on portion of the program will evolve around a case example on how to create an ERC-20 cryptocurrency token and ICO website with Ethereum..
The brand recall will be to minimise the pain in mapping the elephant in the dark by being able to crank the engine upon completion of the program.
Level 1 Brief
This workshop will kick start the process of creating awareness of the block chain space and encourage participants to on-board this journey and help to increase adoption to a wider target audience.
This workshop and subsequent levels will be following the theme of whys and hows of block chain, more specifically Ethereum block chain – applying the analogy of The Simple Technique of Motorcycle Assembly. To achieve a quality outcome, core values such as empathy and care are essential ingredients for the successful cranking of the engine upon completion of the program.
This workshop will be carved up into 2 sessions:
The first ( 4 hours ) will be cast to a wider audience comprising individuals that are inclined technically and or non-technically. Management is encouraged to sign up for the workshop to grasp the magnitude of this technology and to take necessary steps to embrace the technology wherever feasible. The workshop is uniquely relevant to power users involving in any form of technology-centric processes/solutions. Other executives that may not yet be involved and or impacted by this technology may find the first session an eye opener. Such individuals could be in human resource management, relation management, operations, audit, compliance, regulatory oversight etc.
Much like the parable about figuring out an elephant in the dark, a good starting point will be to test ride a sample token issuance smart contract. From here onwards, let’s enjoy the ride:
The second (8 hours ) is very much hands-on, assembling a hello world type of smart contrcat deployment examining the various components and their fuctionalities, of a smart contract.
Level 1 (12 hours)
First Segment (4 hours)
The Concept Of Cryptocurrency
the origin – bitcoin
subsequent competition - ethereum
what is a block chain?
Science Behind Block Chain
hierarchical deterministic wallets (hdwallets)
separate topic on hardware wallet
cold wallet, offline/online, compartmentalisation etc
ethereum - trade-off address use
Second Segment (8 hours)
review the components within the build
Please contact us
should you require further details.