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Blockchain Basics

Blockchain Basics refers to an individual's understanding of fundamental blockchain technology principles, including its decentralised and distributed ledger system, cryptographic protections, transaction authenticity mechanisms, and potential applications, like cryptocurrencies or smart contracts, in fostering transparency and security within digital interactions.

Level 1: Emerging

At an emerging level, you are familiar with the basic concepts of blockchain technology, its potential applications, and grasp the functioning of digital currencies like Bitcoin.

Level 2: Proficient

At a proficient level you are able to understand the fundamentals of blockchain technology, including its structure, functions, and potential applications. You can explain how blockchain works and its impact on various industries.

Level 3: Advanced

At an advanced level, you are able to demonstrate a deep understanding of blockchain technology, including its principles, applications, and potential impact on various industries.

Where is this capability used?