Code Date City Venue Fees
AN021 21 - 25 Oct 2019 California - USA TBA $6,950 Register
TBA* = To be Announced   |  All fees are exclusive of VAT
Home » Seminars » Management & Leadership » Understanding the Emerging Blockchain Business Model

Introduction

This GLOMACS Understanding the Emerging Blockchain Business Model training seminar 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 seminar 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

Objectives

At the end of this GLOMACS training seminar, 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

Training Methodology

This GLOMACS training seminar 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.

Organisational Impact

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

Personal Impact

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 21st century business
  • Confidently interacting with colleagues about change ramifications from Blockchain-Distributed Ledger Technology (DLT)

Who Should Attend?

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

Seminar Outline

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

Accreditation

  • Quality Logo

In Association With

Oxford Management Centre

Oxford Management Centre

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

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