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Instructor-led Classroom Adult Training in Singapore - Modular Fast Track Skill-Based Trainings

NICF - Business Innovation with Blockchain Technology

Many companies are innovating their businesses with new technologies to stay ahead of competition. Blockchain is one of the next wave of technology revolution that many experts are predicting that it will disrupt traditional business and will bring breakthrough in various industries.The blockchain technology is the only peer-to-peer decentralized network to authorize users to digitally sign transactions with 100% accuracy. Blockchain is gaining popularity across industries such as finance, government, insurance, logistics, media, healthcare, and many others for being a borderless network of value exchange in real time.

Business innovation & invention by MNCs & SMEs will be showcased to learn potential implementation in respective business sectors. Learner will explore fundraising opportunity through Blockchain Technologies with common pitfalls to watch out for as well.

This one day WSQ course on blockchain technology for business innovlation will cover the fundamental of blockchain, use cases, and potential oppotunities of using blockchain in your organization.

Course Outcomes

  • LO1 - Learners will be able to understand blockchain technology and compare current business model for the organisation with emerging blockchain business model in the industry
  • LO2 - Learners will be able to explore potential opportunities for business innovation using blockchain technology within the organisation
  • LO3 - Learners will be able to identify ways in which blockchain digitalization can be applied to the business
  • LO4 - Learners will be able to conduct feasibility analysis and weigh the costs-benefits of potential business innovation opportunities using blockchain technology.
  • LO5 - Learners will be able to implement business innovation processes with blockchain technology

Course Objectives

  • Learners will be able to explore opportunities for business innovation and reform using blockchain technology


Two certificates will be awarded to trainees who have demonstrated competency in the WSQ Business Innovation with Blockchain Technology assessment and achieved at least 75% attendance.

  • WSQ Statement of Attainment (SOA) – ICT-SNA-4003-1.1 Business Innovation under the National Infocomm Competency Framework (NICF)
  • Certification of Achievement by Tertiary Infotech Pte Ltd 

WSQ 80%-95% Funding

WSQ funding is only applicable to Singaporeans and PR. Subject to eligibility, the funding support is from 80% -95% subject to funding caps.

Full Fee GST Nett Fee after Funding (Incl. GST)
$350 $24.50 $254.50 $59.50 $42

Normal: Singaporean/PR age 21 and above
MCES: Singaporean age 40 and above
WTS: Singaporean age 35 and above and earning  $2,000 or below per month

SkillsFuture Credit

Eligible Singapore Citizens can use their SkillsFuture Credit to offset course fee payable after funding. Click here for SkillsFuture Credit submission


Eligible Singapore Citizens can use their PSEA funds to offset course fee payable after funding. Click here for ad-hoc PSEA application form.

WSQ Eligibility

Please fill up the WSQ Trainee Eligibility Form after you have registered for this course

Please do not pay up front. We will advise you on the eligibility and nett fee after registration

Course Code: CRS-Q-0040555-ICT

Course Booking

$350.00 (GST-exclusive)

Course Date

Course Time

* Required Fields

Course Cancellation/Reschedule Policy

We reserve the right to cancel or re-schedule the course due to unforeseen circumstances. If the course is cancelled, we will refund 100% to participants.
Note the venue of the training is subject to changes due to class size and availability of the classroom.
Note the minimal class size to start a class is 3 Pax.

Course Details

Topic 1 Overview of Blockchain Technology

  • Risk and security challenges with traditional business model
  • Rethinking the traditional database
  • What problem does the blockchain solve?
  • The birth of the blockchain in bitcoin
  • What new opportunities does the blockchain enable?
  • What are public and private keys?
  • Introducing nonces, hash functions, and mining
  • The immutable distributed ledger
  • Blockchain consensus algorithms – PoW & PoS

Topic 2 Blockchain  Applications In Practice

  • How cryptocurrencies (bitcoin) is created and managed
  • Altcoins, Altchains, and ICOs
  • Blockchain Business Use cases in Various industries
  • Using Ethereum to write smart contracts (Dapp)
  • Hyperledger and Ripple
  • Activity: Setting up Blockchain Wallets with MetaMask

Topic 3 Business Opportunities with Blockchain

  • Business Owner Opportunities
  • Different Types of fundraising with blockchain
  • Blockchain Tokenomics & Ecosystem

Topic 4. Challenges of Using Blockchain Technology

  • The potential obstacles to blockchain adoption
  • Risks to existing solutions and enterprises
  • Differences between private & public blockchain
  • Difference between Web 2.0 & Web 3.0

Topic 5: Business Innovation and Implementatoin

  • Blockchain Innovation Overview
  • Business Breakthroughs with Blockchain Technology
  • Singapore Businesses’ Implementation on Blockchain
  • Proof of Concept Development
  • Tools & Technology Infrastructure
  • Deployment Strategy

Mode of Assessment

  • Written Assessment (Q&A)
  • Oral Questioning

Course Admin


The learner must meet the minimum requirement below :

  • At least O levels and above education
  • Read, write, speak and understand English

Mode of Training

Instructor Classroom Training

WSQ Funding Validity Period

01 Apr 2020 to 01 Apr 2022

WSQ Course Fee Funding


  • Click here for more info on the funding for self-sponsored.
  • Eligible Singapore Citizens can use their SkillsFuture Credit and PSEA funds to offset course fee payable after funding.


  • Click here for more info on the funding for employer-sponsored.
  • Absentee Payroll claimable by SMEs: Up to 80%of hourly basic salary capped at $7.50/hr
  • Absentee Payroll claimable by Non-SMEs: Up to 80% of hourly basic salary capped at $4.50/hr
  • Absentee payroll claimable by companies (SMEs and Non-SMEs) sponsoring candidates under WTS Scheme: Up to 95% of hourly basic salary (no dollar cap)

WSQ Assessment

  • Participants will be assessed through individual assessment
  • Passing Criteria – Participants are to answer all questions accurately in the individual written assessment.
  • Participants may need to attend additional coaching sessions and re-assessments if they do not pass the required competency standards. 

Who Should Attend

  • Key Business Managers
  • Business Analysts
  • IT Consultants
  • Project Managers
  • Systems Integrators
  • Sales & Business Development Executives
  • Government officials


Blockchain Certified TrainerSteve is a ACTA certified tainer. He has a blended mix of IT hard skills and soft skills in project management & business development. He started his career as a software developer and systems integrator on automation projects for semiconductor wafer fabs in Taiwan, France and Singapore, before taking up a management role to setup and take charge of IT operations for a pharmaceutical manufacturing facility in Singapore.

With years of work experience globally and locally spanning across a multitude of industries, he is good at building rapport and collaborated with people of different cultures & business practices. He firmly believes in good corporate culture, business practice and sincerely wish to deliver win-win positive outcomes and impart knowledge to people he interact with.

WSQ Blockchain Trainer Dr. Alfred Ang is the founder of Tertiary Courses. He is a serial entrepreneur. He founded OSWeb2Design Singapore Pte Ltd in 2007 offering web development, e-commerce store development, graphics design, ebook publishing, mobile apps development, and digital marketing services. He established the first online gardening store in Singapore, Eco City Hydroponics Pte Ltd in 2000, offering a wide range of gardening products such as seeds, plant nutrients, hydroponics kits etc. Eco City Hydroponics has become the most popular and successful gardening store in Singapore. He founded Tertiary Infotech Pte Ltd in 2012 and transformed the business to a training platform, Tertiary Courses in 2014. Tertiary Courses offers a wide range of SkillsFuture courses for PMETs to upgrade their skills and knowledge. He also established Tertiary Courses Malaysia in 2016. He also founded Tertiary Robotics in 2015 offering Arduino, Raspberry Pi, Microbit and Robotics products

Dr. Alfred Ang earned his Ph.D. from National University of Singapore in 2000, majoring in Electrical and Electronics Engineering. He also completed an online MBA course with U21 Global based in Australia. He obtained his B.Sc (Hons) from National University of Singapore in 1992, majoring in Physics. He topped his Physics cohort for 3 consecutive years and funded his degree study with Book prizes, Study awards, bursaries and tuition. He has worked in Defence, Electronics and Semiconductor Industries. His current interests include Machine Learning, Deep Learning, Artificial Intelligence, Internet of Things, Robotics and Programming.

Dr. Alfred Ang is ACTA certified trainer. He was Distinguished Toastmasters (DTM) and Senior Member of IEEE. He has published more than 20 peer reviewed papers and co-inventors for more than 20 inventions.

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