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London is the second most active city in the world for blockchain development programs with 914 Blockchain projects in development by end of 2018, three times more than its nearest European rival Paris at 288. Investments into UK-based blockchain companies continue to increase rising from $50 million in Q3 of 2016 to $150m by Q2 of 2018. More importantly for business confidence, the UK’s Financial Conduct Authority (FCA) groundbreaking regulatory sandbox is recognized across the globe for its innovative regulation of blockchain business and applications.
Blockchain is now demonstrating real operation potential in its potential to solve business problems. Recent examples include Walmart, launching its new blockchain-based supply chain in 2019, Amazon announced its new AWS Blockchain-based managed service and Shell Oil in partnership with London's Applied blockchain, launched its first-ever blockchain-based commodity trading platform in December 2018. In June 2019 Facebook joining the cryptocurrency market announcing the launch of its new Blockchain-based currency Libra further verifying its business credentials as a quality platform
So how can Blockchain solve some of your business problems in 2020 and beyond? Blockchain technology removes the reliance on a trusted third party to maintain a central ledger and whilst financial marketplaces have been the most widely used application at the time of writing, this is not the only type of transaction where it can improve business performance. Below lists the key benefits which will enable blockchain to potentially transform how business is done in the future:
Faster transaction times: in the context of financial Services and banks transactions between banks can typically take days for clearing and may be reliant on when the banks are open for business. A blockchain transaction is distributed across the network in minutes and will be processed at any time throughout the day.
Huge Cost saving for all industries: Maintaining multiple copies of the ledger across every node in the network means that the blockchain is better able to withstand attack. Even if one node was compromised by an attack, the blockchain would be maintained by every other node. In theory, this means that an attacker would need to take control of every node simultaneously in order to corrupt the ledger.
Increasing Security and Resilience. Maintaining multiple copies of the ledger across every node in the network means that the blockchain is better able to withstand attack. Even if one node was compromised by an attack, the blockchain would be maintained by every other node. In theory, this means that an attacker would need to take control of every node simultaneously in order to corrupt the ledger. This is not the case for traditional ledger where an attack on a single trusted third party could bring down the record of transactions.
Immutability and Unchangeable. This is seen as a vital key benefit of blockchain technology. As changes to the public ledger are seen and verified by all the nodes simultaneously across multiple ledgers the transactions cannot easily be altered or deleted.
Privacy and User anonymity. Buyers and sellers use anonymous and unique address numbers to process the transaction. Whilst this has been criticized for giving rise to the use of cryptocurrencies in illegal online marketplaces such as Silk Road, it could be seen as an advantage if used for other purposes, for example, electoral voting systems.
Smart contracts. A blockchain may be used to distribute a smart contract across multiple parties with the execution of the contract and the monitoring of compliance with its terms being recorded across every ledger.
About this one-day Masterclass workshop:
This is a practical hands-on workshop designed for business rather than technically focused learners intended for learners wishing to gain an understanding of Blockchain core concepts, architecture, business efficiency and real business user cases in 2019 and beyond
Who should attend?
This one day hands-on workshop is designed for both financial services professional and non-financial services professionals, corporate executives, marketers, IT specialists, CEO's, senior strategists and entrepreneurs who wish to fully understand the practical applications of blockchain to solve real business problems such reduced costs substantially by removing the need for middlemen, eliminating a lot of manual processing, increasing the speed of transactions and increasing business transparency.
The workshop is a practical hands-on training day and will include the following learning modules
- A brief history of Blockchain
- Why it matters?
- Existing technologies, terminology and case-studies
- Public blockchain explained
- Game Theory explained
- Crypto funding models
- Marketplace business models
Blockchain for traditional business
- how do Private blockchains work
- An examination of case studies and examples
The Future of Blockchain
- mapping and legislation
- ethical considerations
What you learn on completion:
- the principles of how blockchain works
- Be able to confidently communicate the impact of blockchain to colleagues
- Understand how blockchain technologies are being used today to resolve business problems
- Recognise the regulator's view of blockchain
- Map a clear strategic roadmap to leverage the benefits of this new technology
About your Blockchain Trainer- Gary Nuttall
With over 25 years of commercial experience in a variety of industries, including retail, pharmaceuticals, commodities trading and insurance, Gary has acknowledged expertise in Business Intelligence, Data Analytics, and Business Analysis. He is a Chartered IT Professional (CITP) registered with the British Computer Society (BCS). He successfully completed the B9Lab course “Blockchain Business Strategy” in 2016 with a score of >80%. He additionally holds the ISEB Diploma in Business Analysis.
Gary has well recognized in the Blockchain / Distributed Ledger Technology arena, with particular expertise in the commercial insurance and legal sectors. He has presented at several conferences and events since 2015. A list of events is available on request. He writes articles for magazines and thought leadership blogs on a number of emerging technologies, with a particular emphasis on the blockchain.
In 2016 he was commissioned by the London Market Group (LMG) to investigate Blockchain/DLT and its potential use in the London Commercial Insurance Market. Early in 2017, Gary undertook an investigation with Origo, a provider of technology services and standards in the Life & Pensions sector to identify opportunities for Distributed Ledger Technology adoption.
Gary is former Chair of the British Computer Society (BCS) Business Information Systems Specialist Group of which he remains as an active committee member. He is chair of the TechUK Insurance & Pensions Working Group, a member of the TechUk Distributed Ledger Working Group, a partner in Lime Street Digital and a founding partner of Team Blockchain
Let's learn Digital actively pursue a policy of hiring best trainers to deliver our courses. All courses are delivered by industry leaders who have real hands-on experience of finding solutions to problems using Blockchain
Feedback from previous workshop attendees
"This blockchain training course is both accessible to someone new to the topic, but also has good coverage for someone who has some knowledge of blockchain already. The course manages to cover all the pertinent areas to make it useful for both strategic decision making as well as understanding how blockchain is being used in a broader concept - and equally when it shouldn't be used. Highly recommended for anyone seeking to learn the fundamentals" Senior Strategist, top 5 consulting firm, Sept 2018
"Gary was very knowledgeable and informative. I would recommend this course to anybody who wanted to understand Blockchain and have it explained in easy to understand, human terms" Small business owner and entrepreneur Sept 2018
"Even as a well-experienced cryptocurrency trader and blockchain analyst, I learned a lot from this workshop. It covered basic principles of blockchain up to more detailed use cases and applications of the technology. The two tutors are very well experienced in the blockchain sphere and were able to translate even the more technical parts to the group in plain English using real-world examples. The breakout sessions worked well and encouraged thinking and innovation. Facilities were also great and well stocked up on refreshments. I believe that everyone went away from the workshop inspired and itching to apply blockchain technology to their businesses after seeing the potential" Senior Analyst Old Mutual"
"This blockchain training course is both accessible to someone completely new to the topic, but equally valuable for someone who has some initial knowledge of blockchain already. The course manages to cover all the pertinent areas to make it useful for both strategic decision making as well as understanding how blockchain is being used in a broader concept - and equally when it shouldn't be used" Founder, Etonyx
What are my transport options for getting to and from the venue?
The best public transport options are either accessible via Green Park or Picadilly Stations
Is there any preparation required in advance of the course?
The course does not require you to prepare or bring anything in advance. We recommend reading on the subject in advance of the training workshop so will submit a reading list once the attendee has confirmed their booking. Click here for a thorough list of quality reading sources compiled by Let's Learn Digital; Everything you ever needed to know about Blockchain
How can I contact the organizer with any further requirements questions?
Yes. We would be delighted to help if you have any questions about the course contents, group bookings or any other questions.
Please email us on davereilly32@gmail or call direct on 0208 299 0557 or alternatively 07989 985922 if you have further questions on the above workshop
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