Virtual Currencies: A Case Study of Bitcoin

Finances and Banking

Free Course

Learn more about Bitcoin and how it is used as an electronic payment system.

Duration
1-2 Hours
Assessment
Yes
Certification
Yes
Publisher
Khan Academy

Virtual Currencies: A Case Study of Bitcoin

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Description

Outcome

Certification

View course modules

Bitcoin is a type of digital currency that can be used in electronic payment systems. It is a crypto-currency that relies on sophisticated cryptographic methods to create and manage the currency.

In this course you will be introduced to Bitcoin and you will be guided through the features and functions of this currency system. You will learn how cryptographic hash functions allow the secure transfer of bitcoins across the Internet and how transactions are secured using Bitcoin miners.

This course will be of great interest to all entrepreneurs and business people who would like a greater understanding of how Bitcoin functions and how it may be used in electronic payment systems. The course will also be of interest to all learners who may have heard of Bitcoin and would like to learn more about it.

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After studying this course you will be able to: - Describe how Bitcoin is used as an electronic payment system; - Describe the function of cryptographic hash functions; - Describe how digital signatures and proof of work ensure security; - Describe the importance of transaction block chains and how they are created.

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 official Certification, which is a great way to share your achievement with the world. Your Alison Certification 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 Certification for completed Certificate courses:

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All Certification is available to purchase through the Alison Shop. For more information on purchasing Alison Certification, please visit our faqs. If you decide not to purchase your Alison Certification, 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 Certification pricing, please visit our Pricing Page.