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Koenig Solutions to launch bitcoins training course

Designed as a four day programme, the course will be offered from all Koenig centres in India

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BS Reporter Mumbai
Offshore IT training company Koenig Solutions Ltd has announced the launch of a course on bitcoin, the digital currency based on an open source peer to peer software. Designed as a four day programme, the course will be offered from all Koenig centres in India.  

In layman terms, bitcoin is a form of digital currency which is controlled and stored electronically on computers and mobile phones spread across the internet. It's not merely a simple currency but also a means to circulate, share and transact, just like PayPal or VISA.

Bitcoin lets you hold money, spend and trade it too, very easily and cheaply. The open source software controlling it operates on a set of mathematical equations and laws — and also by those who collectively manage this service.
 

RohitAggarwal, CEO and Founder, Koenig Solutions Ltd, said, “Koenig Solutions sees this as a great opportunity from which students and professionals in India and abroad can realise huge benefits. Participants enrolled for this  bitcoin course will understand what bitcoin is, the complete process of  bitcoin mining, how to generate Bitcoins, and how they are changing the face of current online payment systems. They will learn to use bitcoins for transactions in an easy hassle free manner”.

The course would cover topics and skillsets such as Fundamentals of bitcoin, bitcoin cryptographic, bitcoin transactions, bitcoin mining, bitcoin block bitcoin working, and secure trading with bitcoin, bitcoin protocol specification, introduction to wallet, securing wallet, securing transaction with bitcoin, limitation of bitcoin   and the future of bitcoin building financial system.

"Bitcoin holds promise for millions of internet users looking to simplify their payments and transactions in the online marketplace. Since almost everyone is a neophyte in this relatively new technology, it necessitates the need for Bitcoin training so as to get the most out of this e-currency service", Subodh Chaudhary, GM, Koenig Solutions.

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First Published: Jan 23 2014 | 12:24 AM IST

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