Course description
This course is designed to provide a comprehensive understanding of cryptocurrencies, targeting a non-technical audience. Participants will explore the fundamental concepts of cryptocurrency, its connection with blockchain technology, and the distinct features of major cryptocurrencies like Bitcoin and Ethereum. The course will also cover the mechanics of cryptocurrency mining, the process of initial coin offerings (ICOs), the concept of smart contracts, and the basics of trading cryptocurrencies. This training is ideal for anyone looking to grasp the essentials of the cryptocurrency market without needing a technical background.
The course starts with an overview of cryptocurrencies, explaining their origins, purposes, and the underlying technology that powers them. Participants will gain a general understanding of blockchain technology, including its structure, functionality, and the role it plays in ensuring the security and transparency of cryptocurrency transactions.
Next, the course delves into blockchain forks, providing insights into how and why forks occur and their implications for cryptocurrency users and investors. Participants will then explore the features of Bitcoin, the first and most well-known cryptocurrency, and Ethereum, which introduces the concept of smart contracts and decentralized applications.
The training also covers the basics of cryptocurrency mining, explaining how new coins are created and the role of miners in the network. Participants will learn about the process of an initial coin offering (ICO), which allows new cryptocurrencies to be introduced to the market. Additionally, the course will touch on other notable cryptocurrencies beyond Bitcoin and Ethereum, providing a broader perspective on the cryptocurrency landscape.
By the end of this course, participants will be able to:
- Understand the basic concepts and features of cryptocurrencies and their relationship with blockchain technology.
- Explain the processes and significance of blockchain forks.
- Describe the unique features and functionalities of Bitcoin and Ethereum, including the concept of smart contracts.
- Understand the mechanics of cryptocurrency mining and the creation of new coins.
- Comprehend the process and purpose of initial coin offerings (ICOs).
- Identify and understand other notable cryptocurrencies in the market.
- Gain foundational knowledge on how to trade cryptocurrencies effectively.
This training equips participants with the essential knowledge needed to navigate the world of cryptocurrencies, providing a solid foundation for further exploration and investment in the cryptocurrency market.
Upcoming start dates
Who should attend?
Prerequisites
- Economics, finance, financial markets
Training content
- Cryptocurrencies: overview (2 hours)
- Blockchain (2 hour)
- Blockchain Forks (0.5 hours)
- Bitcoin (0.5 hours)
- Ethereum (0.5 hours)
- Smart contracts (0.5 hours)
- Other Cryptocurrencies (0.5 hours)
- Initial Coin Offering (0.5 hours)
Total: 7 hours
Certification / Credits
Objectives
To provide the audience with an understanding of different aspects of the cryptocurrency lifecycle.
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Luxoft Training Center
Luxoft Training Center — an essential part of the global technology leader, Luxoft, a DXC Technology Company. We play a pivotal role in propelling B2B businesses forward by delivering customized training solutions. Emphasizing the significance of learning and employee development,...