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Cousera and INSEAD Unveil Blockchain Course for Business Professionals

Cousera and INSEAD Unveil Blockchain Course for Business Professionals

Coursera, a leading online learning platform has allied with INSEAD, a Middle East-based graduate business school established in 1957 to launch “Blockchain Revolution for the Enterprise”. It’s a four-course specialization for mid-career and business professionals in the Middle East and around the world, reports AMEInfo on April 2, 2019.

A New DLT Course is Born

Per the report, the courses will enable business professionals to use blockchain technology in the creation of scalable business solutions.

Don Tapscott, adjunct professor at INSEAD and co-founder of the Blockchain Research Institute (BRI) has been saddled with the task of teaching the courses based on the BRI’s multi-million dollar research program.

Specifically, Blockchain Revolution for the Enterprise will cover four core areas, including Introduction to Blockchain Technologies, Smart Contracts, Decentralized Applications and Blockchain Platforms.

Eligibility Criteria

Participants, on the other hand, will be mid-career and business professionals in the Middle East and across the globe who are looking to enhance their skills in the area of blockchain technology.

Interestingly, the team has hinted that participants are not required to have programming skills to enrol for the blockchain courses.

Blockchain Course Objectives for Students

Reportedly, the blockchain courses are aimed at enabling participants to have a high-level understanding of what the blockchain entails and how they can be well positioned in its ecosystem.

Also, with the use of seven design principles, students will be armed with the knowledge of evaluating applications, use cases, claims, and the implementation challenges of the distributed ledger technology.

Finally, after the course, participants will be able to conduct Blockchain Opportunity Analysis in order to assess the feasibility of any blockchain solution as it relates to their industry or organization.

Successful participants will be awarded a certificate which they can share with a potential employer or professional network.

Commenting on the matter, Leah Belsky, Vice President of Enterprise at Coursera predicted that blockchain funding in the Middle East and Africa would reach $307 million by 2021; therefore it is essential to equip the people with blockchain skills that will put the UAE in the forefront of a knowledge-powered economy.

In his words:

“Educating leaders is one of the keys to accelerating the widespread adoption of blockchain.”

The statement is in line with the steps Coursera has taken of recent to promote the DLT. Its website also states that 1,700 companies are using its platform to train their employees.

On September 10, 2018, BTCManager informed that Cousera had partnered with ConsenSys blockchain project to launch a blockchain and cryptography course.

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Published at Wed, 03 Apr 2019 12:00:40 +0000

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Take Two: SEC to Review Its Bitcoin ETF Decision

The U.S. Securities and Exchange Commission has announced that it will review its decision regarding the Winklevoss twins’ bitcoin ETF.


SEC to Review Its bitcoin ETF Decision

The U.S. Securities and Exchange Commission (SEC) will review its decision regarding the rejection of the bitcoin exchange-traded fund (ETF) proposed by Cameron and Tyler Winklevoss.

statement issued by the SEC in response to a petition for review of the Disapproval Order by the Bats BZX Exchange reads:

[…] it is hereby: ORDERED that the petition of BZX for review of the Division’s action to disapprove the proposed rule change by delegated authority be GRANTED; and It is further ORDERED that any party or other person may file a statement in support of or in opposition to the action made pursuant to delegated authority on or before May 15, 2017.

The SEC first rejected the bitcoin ETF (COIN) proposed by the Winklevoss twins last month, citing risk of fraud and a lack of regulation in the bitcoin markets. The statement in which the SEC rejected the COIN EFT reads:

As discussed further below, the Commission is disapproving this proposed rule change because it does not find the proposal to be consistent with Section 6(b)(5) of the Exchange Act, which requires, among other things, that the rules of a national securities exchange be designed to prevent fraudulent and manipulative acts and practices and to protect investors and the public interest.

The petition filed by the Bats BZX Exchange will see the SEC’s action to disapprove the bitcoin ETF reviewed and possibly amended. If so, COIN ETF shares would be traded on a public stock exchange, providing an easy way for investors to capitalize on the price of BTC without the need to deal with Bitcoin exchanges, wallets, private keys, and so forth.

Winklevoss Chose Bats Exchange For a Reason

As noted by Blockchain researcher and host of the Crypto Scam podcast, Tone Vays, ‎in a 2016 interview, it is very likely that the Winklevoss twins chose to work with the Bats BZX Exchange on the COIN ETF for this very reason. 

Vays

“My guess is the reason that they changed is that Bats is the new kid on the block, so they push the issues a bit,” Vays explained. 

Not only does it make sense for the Winklevoss twins to identify with the Bats BZX Exchange due to the “experimental” nature of the COIN ETF, but it is also a great strategic move that ensured the exchange they partnered with would help them fight to see the bitcoin ETF approved.

Vays continued:

Nasdaq might not have been helping the Winklevoss fight against the SEC to get this approved and maybe Batz said ‘you know what, we’ll throw your lawyers at it’.

The Saga So Far

The Winklevoss’ bid to see a bitcoin exchange-traded fund on public stock exchanges is a saga that has been going on for roughly three years. It started with the filling of an S-1 form for the Winklevoss bitcoin Trust in May 2014.

Twins

The Winklevoss bitcoin Trust was based on the twins’ substantial bitcoin holdings (roughly 1% of the total supply at the time) and had Math-Based Asset Services LLC as the sponsor of the Trust. Later that year, a follow-up filling was made in order list the Winklevoss bitcoin Trust as an ETF on the NASDAQ OMX exchange with the name “COIN.”

Two years later, in June 2016, the twins filed a document that would see the ETF listed on the Bats exchanged instead of Nasdaq. The same filing also saw the ETF offering increase from $20 to $65 million.

Last month, the Securities and Exchange Commission (SEC) denied the Winklevoss Twins’ bitcoin ETF, which lead to the petition by the Batz BZX Exchange.

Do you think that the Winklevoss bitcoin ETF will be approved after the SEC’s revision? If so, let us know why in the comments below.


Images courtesy of Shutterstock

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