Embark on a journey into the world of blockchain technology for global commerce with the "Web3 and Blockchain in Global Commerce" course by INSEAD. This four-course Specialization introduces you to the revolutionary potential of blockchain in transforming the global trade network. Gain insights into the intersection of blockchain with various industries, functions, and the broader Web3 ecosystem.
Learn about the different categories of digital assets and how they can be transacted on a blockchain, as well as the disruptive impact of blockchain on global supply chains. Explore the role of blockchain in operations, logistics, procurement, transportation, customs and border control, trade finance, insurance, manufacturing, and inventory management, making the network more adaptable and responsive to demand fluctuations and crises. Additionally, delve into the concept of coopetition and industry consortia, uncovering how cooperation with competitors can cultivate a new economic ecosystem beneficial to all participants.
The content has been meticulously crafted and reviewed by the Blockchain Research Institute and approved by INSEAD to ensure it is pedagogically sound, unbiased, and academically rigorous. This course is made available for free, thanks to the generous support of FedEx.
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Explore the transformative potential of blockchain technology, from understanding its fundamentals to identifying business opportunities in global commerce.
Dive into the fundamental principles of blockchain technology and how trust is established in a pre- and post-blockchain world. Gain insights into the various types of digital assets, smart contracts, and the associated challenge areas. Understand the design principles and implementation challenges of blockchain technology.
Uncover the roles of key participants in the global trade network and explore the concept of "tokenizing" assets. Discover blockchain solutions for provenance, traceability, ethical sourcing, and asset life-cycle management. Delve into sensor-based logistics and promising IoT challenge areas for blockchain-based solutions.
Learn about the variations in blockchain consortia and their impact, shared standards for blockchain and digital assets, and the influence of blockchain design choices on interoperability implementations. Explore how blockchain will transform the roles and functions of the C-Suite in organizations.
Identify and evaluate new business opportunities related to blockchain in global commerce. Position your ideas and assess their feasibility, considering the creation of new value for customers and the necessary business model decisions and organizational changes.
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