Hello Friends, are you searching for the best course on Blockchain & Cryptocurrency? Do you want to become certified in Blockchain and Cryptocurrency technologies?
If Yes, then you are at the right post. Recently, The Digital Adda, launched a Free Certification Course, Quiz for everyone on Blockchain & Cryptocurrency.
Get free certification in blockchain & cryptocurrency in 2022! This free course will teach you everything you need to know about the industry, from the basics of Bitcoin to the more advanced concepts of smart contracts.
You’ll also get a free certificate upon completion. enroll now!
In this article, we will explore what blockchain is, how it works and why it’s important for both consumers and businesses alike!
What is Blockchain Technology & How Does It Work?
Blockchain is a new technology that uses cryptography to ensure the security of transactions. The blockchain can be used for many different purposes, but one of its most important uses is in cryptocurrencies such as bitcoin and litecoin.
Blockchain technology is a decentralized, distributed ledger that stores and shares information across multiple computers. This technology was first developed by Satoshi Nakamoto in 2008.
The blockchain can be used for many other purposes besides cryptocurrency—including tracking assets such as diamonds and artwork, sharing data between organizations and governments (such as in the case of healthcare records), or even just making sure that you don’t get scammed online by buying something from an unknowledgeable seller on Craigslist.
What is Cryptocurrency and How it works?
Cryptocurrency is a digital currency that uses cryptography to secure its transactions, control the creation of new units, and verify the transfer of funds. It is decentralized, meaning it does not rely on any central authority for validation.
It can be used to buy goods and services online or in person, but its main use is as an investment vehicle.
Cryptocurrencies are generally classified into two categories: crypto assets and tokens (or utility tokens).
Cryptoassets include coins such as Bitcoin, Litecoin, Ethereum (ETH), Ripple (XRP), Monero, etc., while tokenized assets include things like stocks or ownership rights over real estate.
Blockchain and Cryptocurrency Course & Quiz with Free Certificate
The Digital ADA launched a FREE online certification program that will teach you the basics of Blockchain, Cryptocurrency, and Distributed Ledger Technology.
The course is designed for technical or non-technical people, who want to learn about the technology behind Blockchain, Cryptocurrency, and Distributed Ledger Technology.
The Digital ADA is a project of the Digital Asset Certification Consortium, a non-profit organization, whose goal is to promote digital literacy and professional development within the blockchain industry.
By the end of the course, you will be able to explain what is Blockchain and Distributed Ledger Technology, you will know how to apply it in various industries and how to evaluate a crypto project
The Blockchain and Cryptocurrency Quiz is a free online quiz competition that helps you to understand the basic concepts of blockchain and cryptocurrency.
This quiz has 10 questions and each question carries 1 mark. You will get a free certificate on completion of this quiz.
Advantages of Blockchain:
Blockchain is a distributed ledger. It’s a database that is decentralized, meaning it does not have any single point of failure. The blockchain contains all the data about transactions over time in its network and anyone can access it at any given moment.
Blockchain technology has many advantages over traditional databases:
- It provides immutability (the system cannot be changed retroactively). This means that once information has been added to the blockchain, it cannot be removed or changed later on (for example, if you want to change your password).
- It offers security through public key cryptography which makes sure only authorized users can read or write anything in this system using their private and public keys respectively (i.e., two sets of numbers).
From this article, you’ll learn about what is blockchain, the difference between blockchain and cryptocurrency, and the difference between private and public blockchain.
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For more Understandind about Blockchain & Certification, you can follow the below video:
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