About Course

EC-Council’s Cloud Security Essentials

The BFC course will enable financial professionals to utilize blockchain technology to improve financial services and the insurance industry. Students learn the laws and regulations related to financial applications of blockchain and how to use PoW and PoS consensus mechanisms. In addition, the program provides in-depth insights into cryptocurrencies, including Bitcoin wallets and exchanges, among other topics.

Benefits OF B|FC Certification

  • The B❘FC program offers a comprehensive look into the inner workings of blockchain technology and how it applies to the fintech industry.
  • The program is replete with assignments, and alternative testing methods keep students engaged in the topics beyond the program itself.
  • The course is designed and endorsed by bestselling authors and subject matter experts in fintech and blockchain.
  • The course offers practical advice on using blockchain in the financial services industry.

Who is it for?

Finance professionals, fintech professionals, and related professionals interested in integrating blockchain into their organization’s financial applications and needs.

Exam Details

  •  Number of Questions:50
  • Test Duration: 1.5 Hours
  • Test Format:Multiple Choice
  • Blockchain Developer Certification:312-81

Prerequisites

  • General awareness of business management processes
  • Basic knowledge of computers
  • Access to a Linux machine that can be configured as a virtual machine

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What Will You Learn?

  • The structure and elements of a blockchain network, including how decentralization works
  • Decentralized finance, apps, and exchanges, including Bitcoin wallets and exchanges
  • Hashing and consensus algorithms and their role in blockchain networks, including proof-of-work (PoW) and proof-of-stake (PoS) consensus mechanisms
  • Digital currencies, including different types of cryptocurrency assets, the tokenization process, and how leading cryptocurrencies (e.g., Bitcoin, Altcoin, Litecoin, Zcash) work
  • The benefits of using blockchain technology and how to determine whether blockchain is the right solution for your business
  • Laws and regulations related to the financial applications of blockchain, including how security tokens are regulated
  • Initial coin offerings (ICOs) vs. initial public offerings (IPOs)
  • Securitization of physical assets
  • How blockchain works in the financial sector and common blockchain use cases in finance
  • The basics of how Solidity and Ethereum work and the elements of the Ethereum ecosystem
  • Blockchain applications in the insurance industry
  • How to create private blockchain networks using Ethereum
  • The structure and components of the Bitcoin network and how it works
  • Bitcoin cryptomining and its relation to PoW consensus mechanisms
  • Bitcoin’s limitations, variants, and clients
  • Privacy and confidentiality in blockchains
  • The basics of the Hyperledger Fabric framework
  • Permissioned and permissionless blockchains
  • Blockchain as a Service
  • Formal verification of smart contracts
  • Introduction to blockchain projects (including Fabric, Iroha, Burrow, and Indy)
  • Decentralized autonomous organizations (DAOs)

Course Content

Module 01: Introduction

Module 02: Financial Applications

Module 03: Blockchain’s Cryptocurrency Assets

Module 04: Insurance Applications

Module 05: Blockchain Project Implementation

Module 06: Bitcoin Course Outline

Module 07: Security in Blockchains

Module 08: Blockchain as a Service (BaaS)

Module 09: Ethereum

Module 10: Open Source

Module 11: Decentralized Applications (dApps)

Student Ratings & Reviews

5.0
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7 months ago
Informative, engaging, practical. The course delivers essential insights for those aiming to enhance their online marketing capabilities.
7 months ago
Engaging, practical, essential. The course equips learners to excel in online marketing strategies effectively and efficiently
7 months ago
Dynamic, practical, transformative. The course empowers learners to master effective online marketing strategies with confidence and clarity.