NICF - Business Innovation with Blockchain Technology
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We collaborating with Tertiary Infotech to offer advance courses.
Conducted by Tertiary Infotech
Innovation that excites
Many companies are innovating their businesses with new technologies to stay ahead of competition. Blockchain is one of the next wave of technology revolution that many experts are predicting that it will disrupt traditional business and will bring breakthrough in various industries.The blockchain technology is the only peer-to-peer decentralized network to authorize users to digitally sign transactions with 100% accuracy. Blockchain is gaining popularity across industries such as finance, government, insurance, logistics, media, healthcare, and many others for being a borderless network of value exchange in real time.
Business innovation & invention by MNCs & SMEs will be showcased to learn potential implementation in respective business sectors. Learner will explore fundraising opportunity through Blockchain Technologies with common pitfalls to watch out for as well.
This one day WSQ course on blockchain and NFT technology for business innovation will cover the fundamental of blockchain, use cases, and potential opportunities of using blockchain and NFT in your organization.
Course Objectives
Learners will be able to explore opportunities for business innovation and reform using blockchain technology
Course Outcomes
By the end of the class, learners will be able to
- understand blockchain technology and compare current business model for the organisation with emerging blockchain business model in the industry
- explore potential opportunities for business innovation using blockchain technology within the organisation
- identify ways in which blockchain digitalization can be applied to the business
- conduct feasibility analysis and weigh the costs-benefits of potential business innovation opportunities using blockchain technology.
- implement business innovation processes with blockchain technology
Skills Framework
This course follows the guideline of Business Innovation ICT-SNA-4003-1 TSC under ICT Skills Framework
Certificate
Two e-certificates will be awarded to trainees who have demonstrated competency in the WSQ assessment and achieved at least 75% attendance.
- A SkillsFuture WSQ Statement of Attainment (SOA) issued by WSG. Typically will take 3-4 weeks.
- Certification of Achievement issued by Tertiary Infotech Pte Ltd issued after the class.
Course Details
Topic 1 : Overview of Blockchain Technology
- Risk and security challenges with traditional business model
- Rethinking the traditional database
- What problem does the blockchain solve?
- The birth of the blockchain in bitcoin
- What new opportunities does the blockchain enable?
- What are public and private keys?
- Introducing nonces, hash functions, and mining
- The immutable distributed ledger
- Blockchain consensus algorithms – PoW & PoS
Topic 2 : Blockchain Applications In Practice
- How cryptocurrencies (bitcoin) is created and managed
- Altcoins, Altchains, and ICOs
- Blockchain Business Use cases in Various industries
- Using Ethereum to write smart contracts
- Ether and Gas Fee
- Token Standards – ERC-20 vs ERC-711 NFT Tokens
- What is NFT?
Topic 3 : Business Opportunities with Blockchain
- Business Owner Opportunities
- Different Types of fundraising with blockchain
- Blockchain Tokenomics & NFT Projects
Topic 4 : Challenges of Using Blockchain Technology
- The potential obstacles to blockchain adoption
- Risks to existing solutions and enterprises
Topic 5 : Business Innovation and Implementation
- Blockchain Innovation Overview
- Business Breakthroughs with Blockchain Technology
- Singapore Businesses’ Implementation on Blockchain
- Proof of Concept Development
- Tools & Technology Infrastructure
- Deployment Strategy
Mode of Assessment
- Written Assessment (Q&A)
- Oral Questioning
Final Assessment
Course Booking
The course fee listed below is before subsidy/grant, if applicable. We will apply the grant and send you the invoice with nett fee after the grant is approved.
Course Information
- Session (days): 1
- Duration (hrs): 8
- Level: Beginner
- Age Group: 15 Years Old and Above
- Additional Note: Please bring your own laptop for hands-on training. If you don’t have laptop, we can provide spare laptop for training use.
- Venue:
Woodlands Main Branch: Woods Square Tower 1, Singapore 737715. 5 mins walk from Causeway Point MRT. The venue is disabled-friendly. All courses will be conducted at Woodlands branch.