Online Microcredential in IT & Computer Science

Applications of Blockchain

Explore cryptocurrency and decentralised algorithms for a range of business applications

Created by

Monash UniversityMonash University

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Endorsed by

Blockchain Australia (BA)Blockchain Australia (BA)

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Get a head start on the next revolution in technology

Blockchain applications are not just limited to cryptocurrencies such as Bitcoin, but also extended to different interdisciplinary sectors. This microcredential is for students to develop basic knowledge of blockchain technology and how they can be used in real-world scenarios such as payment systems or supply-chain management.

Through this microcredential you will develop an understanding of different blockchain systems, with a focus on the state-of-the-art knowledge for blockchain technologies including consensus, privacy-preserving protocols and smart contracts which are being rapidly adopted across a range of different industries.

Unlock the future of payment and contract technologies

The sudden rise in the value of Bitcoin and Ethereum have focused the conversation around blockchain on decentralised cryptocurrencies.

On this course, you will uncover the technology that underpins blockchain and review its key concepts, such as decentralisation and consensus algorithms.

You will assess and critique blockchain as an asset, and review the dynamics of the cryptocurrency markets. You will also explore the use of blockchain as a business solution.

Protect your business from attack

Explore the risks that exist in using blockchain technology and the considerations that businesses must make when implementing blockchain solutions. Understanding the steps that can be taken to defend malicious activity by attackers is something that those who work with blockchain cannot afford to overlook.

Learn with a world leading academic faculty and teaching team

Monash University’s Faculty of Information Technology is ranked among the Top 100 in the world and is consistently producing world-class, innovative research that advances knowledge in computer science. This microcredential is created by Monash University’s Blockchain Technology Centre, which has the mission of bringing together world-leading expertise across Monash University to explore and develop the technology of blockchain — and create impact across different industrial and societal sectors.

Your Lead Educator Dr Jiangshan Yu is the Associate Director (Research) at Monash Blockchain Technology Centre.

This microcredential meets the standards set by the Common Microcredential Framework.

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What skills will you learn?

  • FinTech
  • Bitcoin
  • Ethereum
  • Blockchain Algorithms
  • Blockchain Policy
  • Cryptocurrencies
  • Interoperability
  • Cyberattacks
  • Alternate Consensus Algorithms

What you will achieve

By the end of the microcredential, you’ll be able to...

  • Summarise the reasoning for a blockchain system in a unique context
  • Evaluate and apply consensus algorithms
  • Model the design of a blockchain system as a business case report
  • Evaluate architecture, components and protocols of a blockchain system
  • Assess cryptocurrencies, digital currencies and smart contracts
  • Investigate system vulnerability to attack and evaluating countermeasures
  • Investigate existing threats and attacks to blockchain and ways to provide resilience
  • Assess the scalability and interoperability of a blockchain system
  • Assess and evaluate blockchain privacy and privacy enhancing technologies
  • Investigate network level considerations (attacks/performance)

Are you eligible for this microcredential?

This blockchain microcredential is designed for anyone interested in developing skills in emerging technologies, and enhancing their ability to apply blockchain technology in their field of interest.

There is no coding or advanced mathematics required to complete this microcredential, however some knowledge of algorithmic thinking may be helpful. In order to apply your academic credit to a degree program at Monash you will need to meet the relevant postgraduate prerequisites and undergo the standard application process.

Is this microcredential right for you?

This microcredential is designed for professionals working in a range of industries including government, financial, technology and education and graduates looking for further career development in a current role/considering postgraduate study.

This microcredential will support you to understand how blockchain technology has and will revolutionise a range of industries.

Suitable candidates may include financial and investment professionals, entrepreneurs and current students or recent graduates of finance, computing and business.


What happens before, during, and after your microcredential

  • Before learning

    You’ll have access to our online welcome area where you’ll be able to start conversations with your fellow learners and read any announcements or additional information relating to your microcredential.

  • Course 1

    From 16 Aug 2021

    Blockchain basics, Bitcoin and Ethereum

    Increase your understanding of the components, algorithms and crypto that are crucial to the construction of a blockchain system

    4 weeks

    10 hours per week

    • Week 1

      Introduction to blockchain
      • Getting started
      • Welcome to the week
      • Anatomy of a blockchain
      • Blockchain, business and society
      • Your blockchain system
      • End of week review, and preview
    • Week 2

      • Welcome to the week
      • Bitcoin: components and cryptography
      • Bitcoin: data formats and processes
      • Your blockchain system
      • End of week
    • Week 3

      • Welcome to the week
      • Digital currencies, Ethereum and smart contracts
      • Your blockchain system
      • End of week review, and preview
    • Week 4

      Communicating your design
      • Welcome to the week
      • Your assessment
      • The business case report
      • End of course
  • Course 2

    From 20 Sep 2021

    Blockchain protocols, consensus and attacks

    Discover the protocols and consensus architecture that powers digital currencies and other blockchain systems

    4 weeks

    10 hours per week

    • Week 1

      Bitcoin consensus
      • Getting started
      • Welcome to the week
      • Consensus
      • Attacks
      • Your blockchain system
      • End of week review, and preview
    • Week 2

      Advanced attacks
      • Welcome to the week
      • Advanced attacks
      • Your blockchain system
      • End of week
    • Week 3

      Alternate consensus algorithms
      • Welcome to the week
      • Alternate consensus algorithms
      • Your blockchain system
      • End of week review, and preview
    • Week 4

      Communicating your design
      • Welcome to the week
      • Your assessment
      • Refining your business case report
      • End of course
  • Course 3

    From 25 Oct 2021

    Blockchain privacy, scalability and interoperability

    Uncover the blockchain technology associated with privacy, scalability and interoperability.

    4 weeks

    10 hours per week

    • Week 1

      • Getting started
      • Welcome to the week
      • Privacy and attacks on a blockchain system
      • Attacks on user behaviour and mixin selection
      • Your blockchain system
      • End of week review, and preview
    • Week 2

      Networks and interoperability
      • Welcome to the week
      • Networks
      • Interoperability
      • Your blockchain system
      • End of week
    • Week 3

      • Welcome to the week
      • Scalability
      • Your blockchain system
      • End of week review, and preview
    • Week 4

      Communicating your design
      • Welcome to the week
      • Your assessment
      • Finishing your business case report
      • End of course
  • After learning

    Once you’ve successfully completed the microcredential, you’ll receive your certificate of completion from Monash University.

What you will receive

6 credit points at Postgraduate level from Monash University

Find out how credits work and where you can use them in our FAQs.

A Certificate of Completion from Monash University

Learn more about this organisation

What is a microcredential?

Microcredentials are designed to upskill you for work in rapidly-growing industries, without the time and cost commitment of a full degree. Your microcredential can stand alone as an independent credential, and some also offer academic credit to use towards a degree.

Learn online with expert instructors

Complete online courses led by experts over 12-16 weeks with a dedicated group of professionals.

Complete project-based assessments

Test your understanding with online tutor-marked assessments and exercises.

Earn a professional credential

Finish your learning and pass your assessments to gain an accredited credential.

Advance further in your career

Use your microcredential as evidence of your specialised skills and progress further in your industry.

Career-focused learning by Monash University

Monash University is one of Australia’s leading universities, ranked in the world’s top 1% by the Times Higher Education World University Rankings. It was established in Melbourne in 1958.

  • Established

  • Location

    Melbourne, Australia
  • World ranking

    Top 60Source: QS World University Rankings 2021

This microcredential is endorsed by Blockchain Australia (BA)

We are Australia’s Peak Blockchain Industry Body. We encourage and advocate for the adoption of blockchain technology by industry and governments across Australia as a means to drive innovation in service delivery across all sectors of the economy.

Delivered by experts

Dr Jiangshan Yu is the Research Director at Monash Blockchain Technology Centre. His blockchain research has been recognised by several competitive awards, such as ARC DECRA and IBM Academic Award.

Learning on FutureLearn

Your learning, your rules

  • Courses are split into weeks, activities, and steps, but you can complete them as quickly or slowly as you like
  • Learn through a mix of bite-sized videos, long- and short-form articles, audio, and practical activities
  • Stay motivated by using the Progress page to keep track of your step completion and assessment scores

Join a global classroom

  • Experience the power of social learning, and get inspired by an international network of learners
  • Share ideas with your peers and course educators on every step of the course
  • Join the conversation by reading, @ing, liking, bookmarking, and replying to comments from others

Map your progress

  • As you work through the course, use notifications and the Progress page to guide your learning
  • Whenever you’re ready, mark each step as complete, you’re in control
  • Complete 90% of course steps and all of the assessments to earn your certificate

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When would you like to start?

We aim to run our microcredentials every few months. Join on the date that suits you or register to hear from an enrolment advisor about future runs and updates.

Speak to an advisor

Not sure if this microcredential is right for you? Fill in your details below and one of our enrolment advisors will be in contact to provide you with the information you need to make a decision.

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We can accept payments made by card (Visa, Mastercard and American Express) or PayPal via our online system.

You will have 2 days from the day the course starts to apply for a refund. You can find more information in our cancellation and refund policy.

Microcredentials are designed to fit around your life and timezone.

There may be live events as part of your studies, but these will be recorded and can be watched afterwards if you aren’t online for the live broadcast.

No, microcredentials are designed to be taken anywhere in the world. You won’t need the right to study in the country where the university offering the microcredential is based.

Learners who successfully complete this microcredential and who meet course entry requirements are eligible to receive the following academic credit:

Blockchain (FIT5214), from the Monash Master of Cybersecurity:

For further information on this course, see the Monash University Handbook at In other instances this microcredential may be eligible for advanced standing recognition in other degrees.

6 Monash Credit points are equivalent to 15 ECTS credits

Want to know more? Read the microcredential FAQs, or contact us.