Training Understanding the Emerging Blockchain Business Model
INTRODUCTION
This Understanding the Emerging Blockchain Business Model training seminar focuses on developing a strong understanding of the emerging Blockchain as a highly disruptive and discontinuous innovation with the potential to alter the foundations of web-based commercial and personal transactions through Distributed Ledger Technology (DLT). This is lining up to be a generational paradigm shift with significant ramifications for how business is done on the Internet via: cryptocurrencies, foreign trade and financial settlements, smart contracts, networking transparency, faster speeds with lower costs, and decentralization that dramatically improves security.
This training seminar will highlight:
- The development and introduction of the Blockchain with Bitcoin
- Understanding Distributed Ledger Technology’s impact on transparency and cyber-security
- Case examples of Blockchain process-flow sequences and “Special Node” verifications
- Comparing existing global transactions vs. Blockchain-enabled transactions
- The Blockchain economies of scale from decentralization and eliminating intermediaries
- Positive economic impacts of accrued execution speeds and reduced costs
- Existing global deployment of Distributed Ledger Technology (DLT) applications
- The fast-approaching future of Distributed Ledger Technology (DLT) across virtually all web-based commercial transactions
PROGRAM OBJECTIVES
- Explain six key benefits of the Blockchain and Distributed Ledger Technology (DLT)
- Develop a Blockchain alternative for various existing commercial transactions
- Design a process-flow model for a global trade-currency settlement deal
- Analyze Blockchain applications in existing global business environments
- Explain the qualitative and quantitative benefits of Blockchain-enabled Smart Contracts
- Evaluate ten emerging Blockchain applications for personal and business use
WHO SHOULD ATTEND?
- Research and Development / Product Development Teams looking for improved transparency and ease-of-use
- Marketing Directors wanting to gain competitive advantage in their industry space
- Business Development Directors looking for new opportunities in various markets-industries
- Board Members looking to fully leverage Blockchain-Distributed Ledger Technology (DLT) for improved positioning
- Financial Offices looking to gain a strong understanding of Distributed Ledger Technology (DLT) and Cryptocurrencies
- Executive looking for ideas on how Blockchain-Distributed Ledger Technology (DLT) can be integrated to their organizations
PROGRAM OUTLINE
Overview Blockchain and Distributed Ledger Technology
- Basic Tenets of the Satoshi Nakamoto Algorithm
- Bitcoin and Cryptocurrency Basics
- Multiple-Simultaneous Transaction Verification-Clarification-Confirmation
- Problems in Existing Web-Based Transactions and Security
- Why the Distributed Ledger Technology (DLT) Bottom-Up Model Outperforms the Existing Top-Down Models?
Financial Transactions in Blockchain-Distributed Ledger Technology (DLT)
- 2-Party Approaches on Bid-Ask Pricing Interactions
- Transparency and Trust in Direct Negotiation-Interaction
- Gains in Transaction Settlement Speed and Cost-Savings
- Removing Financial Intermediaries and Currency Translation
Smart Contracts in Blockchain-Distributed Ledger Technology (DLT)
- Global Networking Verifications-Clarifications-Confirmations
- Standardization of Bid-Ask Terms for Global Parties
- Tangible Cost-Savings on Two-Party Approaches and Negotiations
- Tangible Time-Savings in Proposals-Review-Edits-Execution Process Flow
Opportunities For Blockchain-DLT In Your Organization
- Categorizing Potential Functional Areas for Blockchain-Distributed Ledger Technology (DLT) Deployment
- Categorizing Potential Strategic Areas for Blockchain-Distributed Ledger Technology (DLT) Deployment
- Comparison-Analysis Between Existing Process-Flow and Proposed Distributed Ledger Technology (DLT)-Enabled Process
- Identifying and Overcoming Hurdles to Adoption-Execution Decisions
- Scenario Analysis of Proposed Applications
- Building the Timeline, Budget, and Personnel Plan
Presenting and Evaluating-Critiquing Blockchain-Distributed Ledger Technology (DLT) Proposals
- Comparing Emerging Case Examples to Delegates’ Organizational Opportunities
- Honing and Refining the Blockchain-Distributed Ledger Technology (DLT) Value Proposition
- Individual and Team Presentations with Discussion-Interaction
- Forecasting Blockchain-Distributed Ledger Technology (DLT) Future Costs and Benefits
- Finalizing Blockchain-Distributed Ledger Technology (DLT) Executive Summaries for Delegates’ Organizations
- Finalizing a Plan for Maximum Organizational Impact
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