Cryptocurrency's Origins and Mechanics | Free Online course | Alison
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Cryptocurrency: An Introduction to its Origins and Mechanics

Learn the basics behind cryptocurrency, from its origins to its mechanics and legality in this free online course.

Finance
Free Course
This free online cryptocurrency course introduces the basics behind digital currencies, looking at its origins and the different types of currency available. The course also delves into the blockchain technology which makes it possible and the legality of using it across the world. So if you are interested in using cryptocurrency for purchases, mining or getting involved in trading and investments then this course is a great place to start.
  • Duration

    1.5-3 Hours
  • Assessment

    Yes
  • Certification

    Yes
  • Responsive

    Yes
  • Publisher

    CourseFlix

Description

Modules

Outcome

Certification

View course modules

Description

This free online course introduces you to the basic concepts of cryptocurrency and begins by explaining what digital currencies are, as well as exploring their origins and the blockchain technology which makes them possible. You will then be introduced to the properties, ransomware and malware connected to cryptocurrency. During the course you will also learn about development, prices and different types of digital currencies and what they offer. Plus, you will be guided in how to go about choosing a currency which best suits your needs and how to exchange cryptocurrency.


The course then takes a deeper dive into the mechanics of how cryptocurrencies work, from their virtually anonymous nature to the technology that they are built upon. It also looks at more ways to do further, in-depth research of a particular currency. Finally the course looks at the legal situation of cryptocurrencies, both in the UK and around the world. You will learn how they are treated for tax purposes and how governments may begin to impose further regulations on their use as digital currencies become more widespread and mainstream.


This free course, which also features optional activities to help further your learning, will be of great interest to anyone who wants to know more about cryptocurrencies and will give you a base to progress to further study and take your first steps into the world of digital currencies. With cryptocurrency increasing in legitimacy and becoming a bigger part of mainstream life all the time, understanding what it is and how it can be used has never been more important. So start your learning journey today.

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Learning Outcomes

By the end of this course, you will be able to:


  • Explain the basics of cryptocurrency, including definitions of key terms
  • Outline how blockchain technology works and how it is related to cryptocurrency
  • Describe the properties of cryptocurrency transactions
  • Explain how cryptocurrency is developed
  • Describe the types and most popular forms of cryptocurrency
  • Explain how to choose which cryptocurrency is right for you
  • Explain the difference between pseudonymous transactions and anonymous ones
  • Summarise information about cryptography and its applications to cryptocurrency
  • Explain the definition and importance of hashing
  • Describe the way the UK treats cryptocurrency for tax purposes
  • Discuss proposed and suggested regulations regarding cryptocurrency in the UK

Certification

All Alison courses are free to enrol, study and complete. To successfully complete this Certificate course and become an Alison Graduate, you need to achieve 80% or higher in each course assessment. Once you have completed this Certificate course, you have the option to acquire an official Certificate, which is a great way to share your achievement with the world. Your Alison Certificate is:

Ideal for sharing with potential employers - include it in your CV, professional social media profiles and job applications
An indication of your commitment to continuously learn, upskill and achieve high results
An incentive for you to continue empowering yourself through lifelong learning

Alison offers 3 types of Certificates for completed Certificate courses:

Digital Certificate - a downloadable Certificate in PDF format, immediately available to you when you complete your purchase
Certificate - a physical version of your officially branded and security-marked Certificate, posted to you with FREE shipping
Framed Certificate - a physical version of your officially branded and security-marked Certificate in a stylish frame, posted to you with FREE shipping

All Certificates are available to purchase through the Alison Shop. For more information on purchasing Alison Certificates, please visit our FAQs. If you decide not to purchase your Alison Certificate, you can still demonstrate your achievement by sharing your Learner Record or Learner Achievement Verification, both of which are accessible from your Dashboard. For more details on our Certificate pricing, please visit our Pricing Page.

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