It’s no debate that the recent explosive growth witnessed in the cryptocurrency industry urgently calls for a dire need of competent certification bodies. As crypto-currency (Bitcoin especially) becomes more important, and many services accept Bitcoin, many corporations earnestly seek for Bitcoin Experts and there are always going to be need and efforts to certify crypto-currency expert. One of such organisations founded to fulfil such crucial task is Cryptocurrency Certification Consortium with headquarters in Toronto, Canada. Another similar organisation is the Digital Currency Council (I will be discussing about that in subsequent articles) based in New York.
The importance of these organisations to the cryptocurrency industry can never be overestimated because they would aid in distinguishing genuine crypto-currency experts from folks who read a few articles about cryptocurrency.
WHAT DOES CRYPTOCURRENCY CERTIFICATION CONSORTIUM OFFER?
Cryptocurrency Certification Consortium (also called C4 for the sake of brevity) is a non-profit organisation that currently offers two certification examinations. One is for the professionals and another, advanced level test is for cryptocurrency experts. In addition, the organisation is also building a standardised security standard that can be executed across the Bitcoin industry.
THE NATURE OF CRYPTOCURRENCY CERTIFICATION CONSORTIUM EXAMS.
The organisation presents two different certification programs. The initial one is for Certified Bitcoin Professionals (CBP), while the other one is meant for the Certified Bitcoin Experts (CBE).
Candidates applying for each tests shall be assessed thoroughly in six areas which would lead to applicant’s certification for two to three years, after which you pay to renew it.
Test For Certified Bitcoin Professionals (CBP)
CBP tests are created to evaluate basic to intermediary proficiency in Bitcoin. It is designed to demonstrate how knowledgeable applicants are about Bitcoin, blockchain, Bitcoin transactions and the nature and operation of the Bitcoin Network. Understanding Bitcoin technology, privacy aspects, double-spending, and other issues related to the currency are also focus of the exam.
Topics covered include:
• The History of Ledger-based Economics
• Basics of Cryptography
• Bitcoin Basics
• Mining
• Bitcoin Commerce
• Wallets, Clients, and Key Management
Test For Certified Bitcoin Experts (CBX)
CBX text delve deeply to examine the individual’s knowledge with regards to professional applications of Bitcoin and other cryptocurrencies. A Certified Bitcoin Experts (CBX) has deeper knowledge in Bitcoin and other cryptocurrency than his CBP colleagues. They possess expert-level knowledge about the Bitcoin protocol and network, and also have the capacity to design applications that can be integrated on the Bitcoin network. In addition CBX professionals deeply understand how transactions are created at the byte level, and also how to write Bitcoin scripts to customize the behaviour of transactions.
Topics deeply covered in the CBX exams include:
• Bitcoin Core
• Advanced Cryptography
• Bitcoin API
• Economic aspects of Bitcoin
• Advanced Blockchain details
• Security
Cryptocurrency Certification Consortium Exam Fees
Currently, the only test available so far is the professional test (CBP)
• Exam Application Fee: $25
• Exam Fee: $50 USD
An applicant becomes certified after passing the professional exam, where which the certification would be valid for two years. After that, the certified professional would be required to pay a $25 renewal fee to keep his/her certifications up to date.
Detailed information is yet to be announced about the CBX exams, however the websites indicates that certification for the advanced level test will be valid for three years.
Generally, the overall objective of the Cryptocurrency Certification Consortium certification programs is to help companies, start-ups and other employers in cryptocurrency related services to evaluate the knowledge, skills, level of expertise and experience of job applicants.
THE CRYPTOCURRENCY SECURITY STANDARD (CCSS)
Additionally, the Cryptocurrency Certification Consortium is establishing a security standard called the Cryptocurrency Security Standard, or CCSS which aims to standardise security methodologies and techniques employed globally by cryptocurrencies systems.
CRYPTOCURRENCY CERTIFICATION CONSORTIUM BOARD OF DIRECTORS
The Cryptocurrency Certification Consortium’s board of directors includes Vitalik Buterin (Ethereum Co-founder), Anthony Di Iorio (also Ethereum), Joshua McDougall, Michael Perklin, (both of Bioconsultants Inc.), Russel Verbeeten from CryptAcademy.
For more information about the Cryptocurrency Certification Consortium, consult the organisation official website today at www.cryptoconsortium.org.
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