Blockchain for Business Analysts: Role of BA in Blockchain projects
OPEN EVENT
15-March-2023
8:00 PM TO 9:00 PM(IST)
WEBINAR OVERVIEW :
For blockchain-based initiatives to succeed, disparate applications must evolve from fringe projects
to industry-wide adoption. Blockchain pilot programs are typically run by stakeholders who have a solid
understanding of the technology behind blockchain, but lack a broader perspective or scope. In order to
solve their problems, business leaders and executives must determine if blockchain is the right solution.
Decision-makers must have a foundational understanding and appreciation of blockchain technology in order
to determine whether it provides real value. It is crucial for business analysts to promote a shared understanding
within and across organizations. Blockchain projects require a two-pronged approach. To begin with, they must
contemplate the relatively benign question of “What is blockchain?” Second, they must determine in what context
it is useful in delivering value to the enterprise.
AGENDA
- Introduction to Blockchain
- Demystify technical jargon behind blockchain
- currrent uses of Blockchain
- Strategic Analysis for Blockchain implementation
- Business Analyst role in Blockchain projects
TAKE AWAYS
This webinar discusses the current applications of Blockchain and its potential. As well as discussing how business analysts can utilize blockchain technology, it discusses how and where they can fit in.
The attendees of the webinar will be provided with special offer during the live webinar session. This will be a limited offer
for Attendees only. Email will be forwarded for the same after conclusion of the event.
PRE-READ
What is Blockchain?
Blockchain is a distributed ledger technology that enables secure and transparent record-keeping of digital transactions. It is a decentralized system that eliminates the need for intermediaries, such as banks or financial institutions, to verify and process transactions.
In a blockchain, transactions are recorded in a block, which is then added to a chain of other blocks, creating a permanent and unalterable record of all transactions. Each block is cryptographically secured and linked to the previous block, creating an immutable chain of transactions.
The technology behind blockchain is based on complex algorithms and cryptographic techniques that ensure the security, privacy, and authenticity of transactions. It allows for trust to be established between parties who may not know each other or trust each other, as the blockchain acts as an independent, distributed, and secure ledger that can be accessed and verified by all parties.
Blockchain technology has a wide range of applications beyond digital currencies, including supply chain management, identity verification, voting systems, and more. Its ability to provide a secure and transparent record of transactions has the potential to revolutionize many industries and enable new business models that were not previously possible.