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MN631 - Blockchain technologies and strategy
Credit points: 20 credit points
Workload: 60 hours
Prerequisite: N/A
Co-requisite: N/A
Aims & objectives
This unit addresses the course learning outcomes and complements other courses in a related field by developing students’ specialised knowledge in computer networks and applying critical skills in blockchain technologies and strategy. For further course information refer to: http://www.mit.edu.au/study-with-us/programs/master-networking. This unit is part of the AQF level 9 courses.
Blockchain architecture is a way of recording data such that it cannot be altered or falsified. Data is recorded in a kind of digital ledger called a blockchain, copies of which are distributed and stored across a network of participating computer systems. With the advent of cryptocurrencies and NFTs, which are entirely predicated on blockchain technology, and the integration of blockchain architecture into online and high-security networked spaces more broadly, there has never been a greater need for software, network, and financial professionals to be familiar with this technology.
Blockchain for Real World Applications readers will cover:
- Treatment of real-world applications such as ID management, encryption, network security, and more
- Discussion of the UID (Unique Identifier) and its benefits and drawbacks
- Detailed analysis of privacy issues such as unauthorized access and their possible blockchain-based solutions
- Blockchain for Real World Applications is a must for professionals in high-security industries, as well as for researchers in blockchain technologies and related areas.
Learning outcomes
At the completion of this unit students should be able to:
a. Critically review structure of blockchain systems, design models and strategies to maintain them.
b. Investigate privacy methods for user and data in a blockchain system.
c. Devise blockchain applications of different disciplines of industries / businesses / companies.
d. Explain the modern concepts of block chain technology systematically.
e. Design Blockchain systems with interoperability and scalability criteria.
Weekly topics
This unit will cover the content below:
| Week # | Lecture Topics | Laboratory Topics |
|---|---|---|
| 1 | Lecture 1 Introduction | Laboratory 1 Blockchain is supply chain monitoring |
| 2 | Lecture 2 Distributed Ledger Technology | Laboratory 2 Payment Processing and Money Transfers |
| 3 | Lecture 3 Blockchain Ecosystem | Laboratory 3 Digital Identity |
| 4 | Lecture 4 Transactions in Bitcoin Blockchain | Laboratory 4 Royalty Protection and Copyright |
| 5 | Lecture 5 Ethereum and Hyperledger Fabric | Laboratory 5 Use of blockchain in security |
| 6 | Lecture 6 Identity as a Panacea for the Real World | Laboratory 6 Digital Voting system |
| 7 | Lecture 7 Decentralized Identities | Laboratory 7 Verification in real estate |
| 8 | Lecture 8 Encryption and Cybersecurity | Laboratory 8 Healthcare – Medical Recordkeeping |
| 9 | Lecture 9 Data Management | Laboratory 9 Healthcare – Tracking Medicines |
| 10 | Lecture 10 Applications: Banking and Finance | Laboratory 10 Asset Management |
| 11 | Lecture 11 Growing Landscape of Blockchain | Laboratory 11 Entertainment |
| 12 | Lecture 12 Functional Mechanism, Review | Laboratory 12 Insurance |
Assessment
| Assessment Task | Due Date | A | B | Learning Outcomes Assessed |
|---|---|---|---|---|
| Assessment 1 Individual -Formative | Week 3 | 10% | a | |
| Assessment 2 - In-class test (On Campus, Face to Face) | Week 6 | 10% | a-b | |
| Assessment 3 - Group | Week 11 | 20% | c-e | |
| Assessment 4 - Class Participation and Contribution | Week 2-11 | 10% | a-e | |
| Final Examination (3 hours) | 50% | a-e | ||
| TOTALS | 40% | 60% |
Task Type: Type A: unsupervised, Type B: supervised
Contribution and participation (10%)
This unit has class participation as an assessment. The assessment task and marking rubric will follow the Guidelines on Assessing Class Participation (https://www.mit.edu.au/about-us/governance/institute-rules- policies-and-plans/policies-procedures-and-guidelines/Guidelines_on_Assessing_Class_Participation). Further details will be provided in the assessment specification on the type of assessment tasks and the marking rubrics.
Textbook and reference materials
Note: Students are required to purchase the prescribed textbook and have it available each week in class.
Textbook:
R. Garg, Blockchain for real world applications, Hoboken, New Jersey : John Wiley & Sons, Inc., 2023.
References:
- P. Raj, K. Saini, C. Surianarayanan, Blockchain Technology and Applications, 2021
- Dua, Blockchain Technology and Applications: A systematic and Practical approach, 2022
- G. Coleman, Demystifying Blockchain: A Beginner's Guide: Unlocking the Potential of Blockchain Technology for Novices, 2023
Adopted Reference Style: IEEE
Graduate attributes
MIT is committed to ensure the course is current, practical and relevant so that graduates are “work ready” and equipped for life-long learning. In order to accomplish this, the MIT Graduate Attributes identify the required knowledge, skills and attributes that prepare students for the industry.
The level to which Graduate Attributes covered in this unit are as follows:
| Ability to communicate | Independent and lifelong learning | Ethics | Analytical and problem solving | Cultural and global awareness | Team work | Specialist knowledge of a field of study |
|---|---|---|---|---|---|---|
Legend
| Levels of attainment | Extent covered |
|---|---|
| The attribute is covered by theory and practice, and addressed by assessed activities in which the students always play an active role, e.g. workshops, lab submissions, assignments, demonstrations, tests, examinations. | |
| The attribute is covered by theory or practice, and addressed by assessed activities in which the students mostly play an active role, e.g. discussions, reading, intepreting documents, tests, examinations. | |
| The attribute is discussed in theory or practice; it is addressed by assessed activities in which the students may play an active role, e.g. lectures and discussions, reading, interpretation, workshops, presentations. | |
| The attribute is presented as a side issue in theory or practice; it is not specifically assessed, but it is addressed by activities such as lectures or tutorials. | |
| The attribute is not considered, there is no theory or practice or activities associated with this attribute. |
rgb(255,165,0)
rgb(154,206,235)
rgb(0,0,128)
rgb(255,0,0)
rgb(154,206,235)
rgb(154,206,235)
rgb(255,0,0)
MN631 - Blockchain technologies and strategy
Credit points: 20 credit points
Workload: 60 hours
Prerequisite: N/A
Co-requisite: N/A
Aims & objectives
This unit addresses the course learning outcomes and complements other courses in a related field by developing students’ specialised knowledge in computer networks and applying critical skills in blockchain technologies and strategy. For further course information refer to: http://www.mit.edu.au/study-with-us/programs/master-networking. This unit is part of the AQF level 9 courses.
Blockchain architecture is a way of recording data such that it cannot be altered or falsified. Data is recorded in a kind of digital ledger called a blockchain, copies of which are distributed and stored across a network of participating computer systems. With the advent of cryptocurrencies and NFTs, which are entirely predicated on blockchain technology, and the integration of blockchain architecture into online and high-security networked spaces more broadly, there has never been a greater need for software, network, and financial professionals to be familiar with this technology.
Blockchain for Real World Applications readers will cover:
- Treatment of real-world applications such as ID management, encryption, network security, and more
- Discussion of the UID (Unique Identifier) and its benefits and drawbacks
- Detailed analysis of privacy issues such as unauthorized access and their possible blockchain-based solutions
- Blockchain for Real World Applications is a must for professionals in high-security industries, as well as for researchers in blockchain technologies and related areas.
Learning outcomes
At the completion of this unit students should be able to:
- Critically review structure of blockchain systems, design models and strategies to maintain them.
- Investigate privacy methods for user and data in a blockchain system.
- Devise blockchain applications of different disciplines of industries / businesses / companies.
- Explain the modern concepts of block chain technology systematically.
- Design Blockchain systems with interoperability and scalability criteria.
Weekly topics
This unit will cover the content below:
| Week # | Lecture TopicS | Laboratory Topics |
|---|---|---|
| 1 | Lecture 1 Introduction | Laboratory 1 Blockchain is supply chain monitoring |
| 2 | Lecture 2 Distributed Ledger Technology | Laboratory 2 Payment Processing and Money Transfers |
| 3 | Lecture 3 Blockchain Ecosystem | Laboratory 3 Digital Identity |
| 4 | Lecture 4 Transactions in Bitcoin Blockchain | Laboratory 4 Royalty Protection and Copyright |
| 5 | Lecture 5 Ethereum and Hyperledger Fabric | Laboratory 5 Use of blockchain in security |
| 6 | Lecture 6 Identity as a Panacea for the Real World | Laboratory 6 Digital Voting system |
| 7 | Lecture 7 Decentralized Identities | Laboratory 7 Verification in real estate |
| 8 | Lecture 8 Encryption and Cybersecurity | Laboratory 8 Healthcare – Medical Recordkeeping |
| 9 | Lecture 9 Data Management | Laboratory 9 Healthcare – Tracking Medicines |
| 10 | Lecture 10 Applications: Banking and Finance | Laboratory 10 Asset Management |
| 11 | Lecture 11 Growing Landscape of Blockchain | Laboratory 11 Entertainment |
| 12 | Lecture 12 Functional Mechanism, Review | Laboratory 12 Insurance |
Assessment
| Assessment Task | Due Date | A | B | Learning Outcomes Assessed |
|---|---|---|---|---|
| Assessment 1 Individual -Formative | Week 3 | 10% | a | |
| Assessment 2 - In-class test (On Campus, Face to Face) | Week 6 | 10% | a-b | |
| Assessment 3 - Group | Week 11 | 20% | c-e | |
| Assessment 4 - Class Participation and Contribution | Week 2-11 | 10% | a-e | |
| Final Examination (3 hours) | 50% | a-e | ||
| TOTALS | 40% | 60% |
Task Type: Type A: unsupervised, Type B: supervised
Contribution and participation (10%)
This unit has class participation as an assessment. The assessment task and marking rubric will follow the Guidelines on Assessing Class Participation (https://www.mit.edu.au/about-us/governance/institute-rules- policies-and-plans/policies-procedures-and-guidelines/Guidelines_on_Assessing_Class_Participation). Further details will be provided in the assessment specification on the type of assessment tasks and the marking rubrics.
Textbook and reference materials
Note: Students are required to purchase the prescribed textbook and have it available each week in class.
Textbook:
R. Garg, Blockchain for real world applications, Hoboken, New Jersey : John Wiley & Sons, Inc., 2023.
References:
- P. Raj, K. Saini, C. Surianarayanan, Blockchain Technology and Applications, 2021
- Dua, Blockchain Technology and Applications: A systematic and Practical approach, 2022
- G. Coleman, Demystifying Blockchain: A Beginner's Guide: Unlocking the Potential of Blockchain Technology for Novices, 2023
Adopted Reference Style: IEEE
Graduate attributes
MIT is committed to ensure the course is current, practical and relevant so that graduates are “work ready” and equipped for life-long learning. In order to accomplish this, the MIT Graduate Attributes identify the required knowledge, skills and attributes that prepare students for the industry.
The level to which Graduate Attributes covered in this unit are as follows:
| Ability to communicate | Independent and lifelong learning | Ethics | Analytical and problem solving | Cultural and global awareness | Team work | Specialist knowledge of a field of study |
|---|---|---|---|---|---|---|
Legend
| Levels of attainment | Extent covered |
|---|---|
| The attribute is covered by theory and practice, and addressed by assessed activities in which the students always play an active role, e.g. workshops, lab submissions, assignments, demonstrations, tests, examinations. | |
| The attribute is covered by theory or practice, and addressed by assessed activities in which the students mostly play an active role, e.g. discussions, reading, intepreting documents, tests, examinations. | |
| The attribute is discussed in theory or practice; it is addressed by assessed activities in which the students may play an active role, e.g. lectures and discussions, reading, interpretation, workshops, presentations. | |
| The attribute is presented as a side issue in theory or practice; it is not specifically assessed, but it is addressed by activities such as lectures or tutorials. | |
| The attribute is not considered, there is no theory or practice or activities associated with this attribute. |