Bitcoin Association, the Switzerland-based global industry organization that works to advance business with the BSV blockchain, recently launched BSV Academy – a dedicated online education platform for Bitcoin, offering academia-quality, university-style courses, and learning materials.  Courses are divided into three streams: Bitcoin Theory, Bitcoin Development, and Bitcoin Infrastructure.

The Bitcoin e-book from the BSV academy has its explanation for Bitcoin.  The academy states, Bitcoin is not created for its own sake.  Bitcoin fuses monetary value with data.

Since the Bitcoin blockchain fuses the monetary value in data, it provides some features which are not available in other data management systems, according to the Bitcoin e-book from the BSV Academy. Those who are looking for exhaustive details can download the e-book from the website. The 12-page e-book covers a few things in detail.

There are several scenarios, which point to how Bitcoin’s fusion of money and data could operate in an everyday scenario.  Bitcoin has several aspects in common with several data management systems; however, the difference is what translates into unique benefits.

Bitcoin, as an integrated monetary token, permits the monetization of data and the Internet.  The immutability of the Bitcoin database, which is a distributed server model providing for interoperability, traceability, yet permission-based access, contributes to a hugely reduced cost of ownership with hugely improved efficiency.

Bitcoin SV has to state:  “Your company uses the Bitcoin blockchain instead of an on-site or cloud-based data management system. Each transaction or data record that is created within your company will be published to the blockchain database. This database is not saved to the servers down in the IT department or to a cloud-hosted server but on a server made up of computers spread across the globe. Each

one of these computers will host an exact copy of the record, including your data.

When someone in your company updates data or completes a transaction, a new record will

be published to indicate the latest version. The new record will not, however, overwrite any

of the previous versions of your data. Additionally, the record will show which party was

responsible for making each change or transaction and the date and time it was published.”

Thus, they establish that the details of the transactions are on the blockchain instead of a database cloud.

Under the Chapter Bitcoin architecture, they cover for how the Bitcoin hardware is made up of specialized computers. Then, there is a chapter that explains in detail about what makes Bitcoin different from existing data management systems. Finally, they have given explanations about how Bitcoin’s fusion of data and money leads to microtransactions.

Through all the details covered in the book, they narrow down to eventually how corporates and companies can benefit from Bitcoin technology.

Thus, exploring their courses and e-books does help those who are prospecting enterprise solutions on the blockchain.