You can now study Blockchain at university

An Australian university is banking on Blockchain, the technology behind the lucrative yet volatile cryptocurrency industry, by launching a nation-first course in the emerging sector.

Australia's first short course on Blockchain strategy, aiming to educate the nation's next wave of tech start-up entrepreneurs, will take flight on Tuesday at Melbourne's RMIT University.

What is blockchain?

As bitcoin moves into the mainstream, it might be time for you to brush up find out how the system works.

ASX winners and losers - a snapshot

The stand out listings traded on the ASX captured at key moments through the day, as indicated by the time stamp in the video.

Investors mull post-correction risks for stocks

Investors mull post-correction risks for ...

Investors mull post-correction risks for stocks

After last week's violent market correction, investors ponder the risks that lie ahead in the current relative calm.

Innovation, collectibles, and movies in 2018 Toy Fair

Innovation, collectibles, and movies in ...

Innovation, collectibles, and movies in 2018 Toy Fair

Two industry giants, Mattel and Hasbro, are getting ready for 2018 Toy Fair, with lineups of toys that entertain and teach.

Coca-Cola boosts organic sales

Non-carbonated drinks like vitamin water and teas lifted organic revenues at Coca-Cola. The company has been investing in these categories as consumers drink less soda.

A snapback in sentiment, but can it last?

With global equities firing up again and the AUD pushing through 79c, we look at the major event risk for the week ahead to drive trader behaviour. (This video was produced in commercial partnership between Fairfax Media and IG Markets.)

McDonald's to make healther Happy Meals

The fast food restaurant in the US is taking cheeseburgers and chocolate milk off its Happy Meal menu in an effort to cut down on the calories, sodium, saturated fat and sugar that kids are consuming.

Wall Street surges on tech rally

What is blockchain?

As bitcoin moves into the mainstream, it might be time for you to brush up find out how the system works.

"Blockchain is now becoming a core part of contemporary digital literacy," Vice Chancellor Martin Bean said.

The online eight-week program is set to begin in mid-March with students given the chance to hear from global experts in the growing space.

Blockchain is a decentralised, shared ledger that - with the help of complicated cryptography - records transactions in a verifiable, secure and permanent way.

Before Blockchain's birth in 2008, it was impossible to place value on virtual currencies like Bitcoin as there was no way of distinguishing a legitimate digital coin from a copy.

The same principal applies to managing real money digitally, with banks slowly grasping Blockchain's potential benefits as a faster, inexpensive and autonomous system.

"There is a real demand for Blockchain training and a skills gap in the market that needs to be addressed," Alan Tsen, the Melbourne manager of financial tech company Stone and Chalk, said.

As demand presently outstrips supply in the US, there is a desperate need for more programmers in the growing industry predicted to be worth $176 billion by 2025, according to Gartner Research.

Aside from banking, the database system has potential applications for tracking the ownership history of real-world items, electronic voting, cybersecurity and electricity management.

In 2017, the Australian government tipped in $2.57 million to help power a cutting-edge start-up project that could make peer-to-peer solar energy trading a reality.

AAP

Let's block ads! (Why?)