This lesson examines a wide range of blockchain business applications, including blockchain use in the financial services and banking industry, real estate, medical records, media and communications, insurance, automobile and other industries. The course also covers digital assets and digital identity which are key blockchain features that enable many business applications. The course then summarizes major advantages of blockchain for business applications and examines the future of blockchain business applications.
Course Key Concepts: Blockchain, Distributed Ledger, Information Technology, Process Improvement, Digital Assets, Digital Identity, Blockchain Applications, Ethereum, Hyperledger Fabric, Integration, Process Reengineering, Business Operations
Prerequisites
No advanced preparation or prerequisites are required for this course, but completing the Illumeo courses “Understanding blockchain technology and its capabilities,” “Private, Permissioned Blockchains,” and “Blockchain Use in Supply Chains and Systems Integration,” beforehand is highly recommended.
Learning Objective
- Explore the wide range of use of blockchain technology to improve business processes and operations, with examples from a variety of industries
- Discover how digital assets and digital identity are used in blockchain applications
- Recognize the major advantages and future of BC for business applications
Last updated/reviewed: March 4, 2024
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