Introduction
In October 2019, China emphasized blockchain as a core technology for innovation, signaling its transformative potential. Blockchain, the backbone of cryptocurrencies, is poised to revolutionize the internet—shifting from an "information internet" to a "value internet." This course, led by expert Wei Sheng, explores blockchain's principles, real-world applications, and future trends.
Instructor Profile: Wei Sheng
- Background: Ph.D. returnee with 20+ years in fintech, currently a bank executive overseeing digital architecture.
Expertise:
- Designed 40+ large-scale software projects.
- Published 200+ academic papers and policy reports.
- Keynote speaker at blockchain conferences (finance, data security, regulatory tech).
Course Outline
1. Blockchain: The Value Internet Revolution
- Case Study: Venezuela’s hyperinflation and cryptocurrency solutions.
Key Concepts:
- Decentralization vs. traditional ledgers.
- Byzantine Generals Problem.
- Bitcoin’s public ledger mechanics.
2. Bitcoin & Cryptocurrency Deep Dive
Core Technologies:
- Hash functions, proof-of-work, Merkle trees.
- Transaction verification and mining.
- Ecosystem: Global adoption, wallet extensions.
👉 Explore Bitcoin’s technical underpinnings
3. Blockchain Evolution: 1.0 to 3.0
- 1.0: Bitcoin’s limitations (scalability, energy use).
- 2.0: Smart contracts, consensus algorithms (PoS, DPoS).
- 3.0: Cross-chain interoperability, enterprise solutions.
4. Blockchain + Big Data Synergy
- Applications: Secure data sharing, anti-fraud logging.
- Use Case: Decentralized storage with IPFS.
Enterprise Blockchain Platforms
| Platform | Key Features | Use Cases |
|------------------|---------------------------------------|--------------------------|
| Hyperledger | Modular architecture | Supply chain finance |
| Ethereum Enterprise | Smart contract support | Tokenization |
👉 Compare enterprise blockchain solutions
FAQs
Q1: Can blockchain replace traditional databases?
A1: It complements them—ideal for trustless environments (e.g., cross-border payments).
Q2: How does China regulate blockchain?
A2: Through strict licensing (BaaS platforms) and anti-crypto policies.
Q3: What’s the ROI for blockchain projects?
A3: 3–5 years for complex deployments (e.g., supply chain track-and-trace).
Conclusion
Blockchain’s potential spans finance, logistics, and governance. As adoption grows, understanding its technical and regulatory landscape becomes critical. Stay ahead by mastering these fundamentals—the future of value exchange is decentralized.