2.5 Hours to include blockchain into your business strategy

I like to learn and I take pride spending a minimum of one hour every day, away from personal and business priorities, to increase my knowledge.
Book, e-book, audio-book, online learling (like Udemy and LinkedIn Learnin), content feeds … we are fortunate to have the choice on the format and the content that works with our mobility need.

It is, for sure, an investment and a personal commitement, so I am always looking for quality content and focused training. In average, I am looking at 1h-4h of learning to get a good overview, 10-15h for an architectural understanding, and more for deep knowledge.

When the subject is on a framework or programming language, in a few minutes, you can decide if the quality of the presentation, the subject covered justify the investement that you are about to make.
When the subject is “buzzy” like AI, digital transformation or Blockchain, the research and decision is harder as you are often faced to a lot of content that praize the technology but does not give you a lot of information on its fundation.

So, when I find a great content, I am happy to share it.

In the last 5 years, Blockchain has definitively been a subject, first around the Bitcoin currency and then as a technology that can contribute to the digital transformation of industries.

However, behind the headlines and short news on your feed, it is not easy to transform a nice concept to an enabler in a company or product development plan. Each business has its own specificity and, the innovation and commercial challenge is to find the right change angle and implementation strategy.

In his short tutorial, Kiril Eremenko (https://www.linkedin.com/in/keremenko/) gives you the needed input for that. His course named “Introduction to Blockchain with Industry Applications” is available on Udemy or on the website of SuperDataScience (https://www.superdatascience.com/courses/introduction-to-blockchain-with-industry-applications)

The course was recorded in 2018, but updated since, so this great overview is what you need if BlockChain is not already one of the key technologies of your transformation plan.

The course is structured in 2 folds

• Understand the technology itself and define 10 impacts that can be applied to the business
  • Security
  • Access control
  • Transparency
  • Traceability
  • Borderless
  • No intermediaries
  • Reduce costs
  • Speed
  • Efficiency
  • Data ownership
• Understand how to apply it by a short analysis on 10 business sectors
  • Healthcare
  • Energy
  • Supply Chain
  • Retail
  • Data Storage
  • Finance
  • Internet
  • Real Estate
  • Education
  • Government

To grasp the impact of Blockchain last year, I recommend this article from Forbes : Blockchain 50 in 2021

On last year Gartner post (10 Innovative Blockchain Areas to Watch) relayed in the World Economic Forum (Here’s how companies can make sure they are blockchain-ready), the measure is that 75% of the companies are researching on Blockchain, and 11% already used it. Those preliminary numbers leave no doubt on the incoming transformation of the business

After the impact of the COVID, industries like global aviation are also looking at this new business model to accelerate the recovery with companies like Skythread that provides BlockChain solution (https://www.skythread.aero/solution/blockchain) with a clear business view on how to insert the solution inside the industry

So, in summary, take the time to read and learn; as this technology is part of the innovation tools that are accelerating the digital transformation of our business