Understanding the Emerging
Blockchain Business Model

This Understanding the Emerging Blockchain Business Model training course focuses on developing a strong understanding of the emerging Blockchain as a highly disruptive and discontinuous innovation with the potential to alter the foundations of web-based commercial and personal transactions through Distributed Ledger Technology (DLT). This is lining up to be a generational paradigm shift with significant ramifications for how business is done on the Internet via: cryptocurrencies, foreign trade and financial settlements, smart contracts, networking transparency, faster speeds with lower costs, and decentralization that dramatically improves security.

This GLOMACS training course will highlight:

• The development and introduction of the Blockchain with Bitcoin
• Understanding Distributed Ledger Technology’s impact on transparency and cyber-security
• Case examples of Blockchain process-flow sequences and “Special Node” verifications
• Comparing existing global transactions vs. Blockchain-enabled transactions
• The Blockchain economies of scale from decentralization and eliminating intermediaries
• Positive economic impacts of accrued execution speeds and reduced costs
• Existing global deployment of Distributed Ledger Technology (DLT) applications
• The fast-approaching future of Distributed Ledger Technology (DLT) across virtually all web-based commercial transactions

At the end of this training course, you will learn to:

• Explain six key benefits of the Blockchain and Distributed Ledger Technology (DLT)
• Develop a Blockchain alternative for various existing commercial transactions
• Design a process-flow model for a global trade-currency settlement deal
• Analyze Blockchain applications in existing global business environments
• Explain the qualitative and quantitative benefits of Blockchain-enabled Smart Contracts
• Evaluate ten emerging Blockchain applications for personal and business use

This training course will use an inductive reasoning approach for introducing new terms-concepts-models-methods, followed with highly interactive case-discussion, and small-group team case projects applied directly to the attendees’ firms / organizations. The main focus is “hands-on” doing, high-level problem-solving with direct applications of Blockchain-Distributed Ledger Technology (DLT) to multiple commercial settings.

Attendees will have immediate return-on-investment [ROI] to their own firms / organizations by bringing new approaches, models, and applications directly to their workplace and colleagues. The ROI is that attendees will be ready to demonstrate these tangible skills and competencies:

• Review, interpret, and critique proposed Blockchain applications for their organization
• Design and implement an original process-flow model using Distributed Ledger Technology (DLT)
• Produce detailed reports on tangible speed, cost-savings, and security improvements
• Evaluate new opportunities for Blockchain-Distributed Ledger Technology (DLT) for internal operations and external client-uses

Attendees will further their own professional development by:

• Understanding key concepts, models, terminology of the emerging Blockchain paradigm
• Introducing Blockchain reasoning to their workplace process-flow
• Enhancing their perspective on client-customer uses of Distributed Ledger Technology (DLT) in various commercial markets
• Being able to review and evaluate Blockchain cost-benefit analysis for their workplace
• Learning proactive forward-thinking approaches and perspectives on 21^st century business
• Confidently interacting with colleagues about change ramifications from Blockchain-Distributed Ledger Technology (DLT)

This GLOMACS training course is suitable to a wide range of professionals but will greatly benefit:

• Research and Development / Product Development Teams looking for improved transparency and ease-of-use
• Marketing Directors wanting to gain competitive advantage in their industry space
• Business Development Directors looking for new opportunities in various markets-industries

Don’t wait for others to do it first – Be the proactive initiators of positive change.

• Board Members looking to fully leverage Blockchain-Distributed Ledger Technology (DLT) for improved positioning
• Financial Offices looking to gain a strong understanding of Distributed Ledger Technology (DLT) and Cryptocurrencies
• Executive looking for ideas on how Blockchain-Distributed Ledger Technology (DLT) can be integrated to their organizations

DAY 1

Overview Blockchain and Distributed Ledger Technology

• Basic Tenets of the Satoshi Nakamoto Algorithm
• Bitcoin and Cryptocurrency Basics  
• Multiple-Simultaneous Transaction Verification-Clarification-Confirmation
• Problems in Existing Web-Based Transactions and Security
• Why the Distributed Ledger Technology (DLT) Bottom-Up Model Outperforms the Existing Top-Down Models?
  

DAY 2

Financial Transactions in Blockchain-Distributed Ledger Technology (DLT)

• 2-Party Approaches on Bid-Ask Pricing Interactions
• Transparency and Trust in Direct Negotiation-Interaction
• Gains in Transaction Settlement Speed and Cost-Savings
• Removing Financial Intermediaries and Currency Translation

DAY 3

Smart Contracts in Blockchain-Distributed Ledger Technology (DLT)

• Global Networking Verifications-Clarifications-Confirmations
• Standardization of Bid-Ask Terms for Global Parties
• Tangible Cost-Savings on Two-Party Approaches and Negotiations
• Tangible Time-Savings in Proposals-Review-Edits-Execution Process Flow

DAY 4

Opportunities For Blockchain-DLT In Your Organization

• Categorizing Potential Functional Areas for Blockchain-Distributed Ledger Technology (DLT) Deployment
• Categorizing Potential Strategic Areas for Blockchain-Distributed Ledger Technology (DLT) Deployment
• Comparison-Analysis Between Existing Process-Flow and Proposed Distributed Ledger Technology (DLT)-Enabled Process
• Identifying and Overcoming Hurdles to Adoption-Execution Decisions
• Scenario Analysis of Proposed Applications
• Building the Timeline, Budget, and Personnel Plan

DAY 5

Presenting and Evaluating-Critiquing Blockchain-Distributed Ledger Technology (DLT) Proposals

• Comparing Emerging Case Examples to Delegates’ Organizational Opportunities  
• Honing and Refining the Blockchain-Distributed Ledger Technology (DLT) Value Proposition
• Individual and Team Presentations with Discussion-Interaction
• Forecasting Blockchain-Distributed Ledger Technology (DLT) Future Costs and Benefits
• Finalizing Blockchain-Distributed Ledger Technology (DLT) Executive Summaries for Delegates’ Organizations  
• Finalizing a Plan for Maximum Organizational Impact

In Association With

Oxford Management Centre

A GLOMACS - Oxford Management Centre collaboration aimed at providing the best training services and benefits to our valued clients.

© 2023. Material published by GLOMACS shown here is copyrighted.
All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

P.O. Box 74653, Dubai, United Arab Emirates
Tel : +971 - 04 - 425 0700, Fax : +971 (04) 425 0701, Email : info@glomacs.com