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Evidence Guide: ICTICT450 - Identify and use applications for a distributed ledger

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

ICTICT450 - Identify and use applications for a distributed ledger

What evidence can you provide to prove your understanding of each of the following citeria?

Determine distributed ledger technology (DLT) application suitability

  1. Identify purpose and benefit of industry standard DLT applications according to business needs
  2. Identify business processes and transaction types suitable for DLT application
  3. Identify business use-case according to business needs
  4. Determine consensus mechanism and protocols according to business needs
  5. Identify required DLT service provider platform according to business needs
Identify purpose and benefit of industry standard DLT applications according to business needs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify business processes and transaction types suitable for DLT application

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify business use-case according to business needs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine consensus mechanism and protocols according to business needs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify required DLT service provider platform according to business needs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Set up DLT application

  1. Document DLT requirements and submit to required personnel
  2. Initiate account according to vendor specifications and business needs
  3. Generate required accounts according to vendor specifications
  4. Create and save genesis block
  5. Initiate required instance according to vendor specifications
  6. Test DLT solution against business needs
  7. Document and confirm DLT meets business needs
Document DLT requirements and submit to required personnel

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Initiate account according to vendor specifications and business needs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Generate required accounts according to vendor specifications

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Create and save genesis block

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Initiate required instance according to vendor specifications

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Test DLT solution against business needs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Document and confirm DLT meets business needs

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Use distributed ledger application

  1. Initiate required transaction from application
  2. Confirm transaction completion with required personnel
  3. Document back-end technical transaction process
  4. Obtain final task sign off from required personnel
Initiate required transaction from application

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Confirm transaction completion with required personnel

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Document back-end technical transaction process

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Obtain final task sign off from required personnel

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Required Skills and Knowledge

The candidate must demonstrate the ability to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including evidence of the ability to:

set up and use at least one distributed ledger application to an organisational process.

In the course of the above, the candidate must:

research business model and determine required distributed ledger application

comply with blockchain best practices and guidelines.

The candidate must be able to demonstrate knowledge to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including knowledge of:

business models, processes and transaction types

consensus mechanisms and protocols

underlying distributed ledger technology functions and uses including:

blockchain principles, best practices and guidelines

cryptography

immutable database rules

transactional components

industry standard functions and uses of distributed ledger applications, service provider platforms and their general capabilities

industry standard uses for applications

documentation techniques applicable to documenting DLT requirements

research procedures and techniques used for determining DLT requirements.