ICTCYS408 — Research and source cryptocurrency technologies for organisational needs

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What an assessment for ICTCYS408 must cover

27 assessable components: 3 elements (11 performance criteria), 3 performance evidence and 9 knowledge evidence requirements, plus 4 foundation skills. An audit-defensible tool maps every question and task back to these — that mapping is the coverage matrix Auditori generates alongside the assessment.

Elements & performance criteria

1 Establish organisational cryptocurrency technology requirements

1.1Confirm work brief and tasks according to organisational policies and procedures
1.2Confirm available research platforms and methods for identifying potential cryptocurrency technologies
1.3Inspect existing organisational software, financial and accounting records, asset registers, and information technology (IT) controls according to work brief, and confirm cryptocurrency needs

2 Review and report on cryptocurrency technologies

2.1Research available cryptocurrency technologies and compare their advantages and disadvantages
2.2Summarise characteristics of cryptocurrency platforms across selected cryptocurrency technologies according to work brief
2.3Summarise advantages, disadvantages and risks of using researched cryptocurrencies according to work brief
2.4Present summary report to required personnel and seek feedback
2.5Implement required feedback in summary report as required
2.6Select and recommend required cryptocurrency technologies according to organisational policies and procedures

3 Source cryptocurrency technologies

3.1Seek approval of recommended cryptocurrency technologies according to procurement policies and procedures
3.2Request selected cryptocurrency technologies from required third-party vendors according to organisational policies and procedures

Performance evidence

research, select and source at least two different industry-recognised cryptocurrency technologies for two separate organisations
research cryptocurrency options in the marketplace according to organisational needs
apply required organisational policies and procedures

Knowledge evidence

common types and characteristics of industry-recognised cryptocurrency technologies
common sources of cryptocurrency technologies
characteristics of blockchain and how it enables the existence of cryptocurrency
methods for inspecting organisational platforms and records, including: operating software, financial and accounting records, asset registers, information technology (IT) controls
key characteristics, advantages and disadvantages of third-party cryptocurrency technologies, including: platform security, vendor authenticity, customer-support services, fees and charges, coin options, local and international exchange rates, spreads, liquidity
key risks and methods of using and sourcing third-party cryptocurrency technologies
basic methods to compare cryptocurrency transactions
organisational formats for documentation and reports
organisational policies and procedures, and legislative requirements relating to work tasks

Foundation skills

Numeracy: Analyses and synthesises basic information about cryptocurrencies
Oral communication: Uses effective listening and questioning techniques and technical terminology to elicit information and make the correct component selection
Reading: Identifies, interprets and evaluates documentation containing some complex IT-related concepts
Writing: Uses correct spelling, grammar and plain English together with ICT-specific terminology and diagrams to convey recommendations and requirements and complete organisational documentation

Unit content sourced from training.gov.au — © Commonwealth of Australia, licensed under CC BY 4.0. Auditori is not affiliated with the Department of Employment and Workplace Relations.

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Questions about assessing ICTCYS408

What does an assessment tool for ICTCYS408 need to cover?

To satisfy the Principles of Assessment and Rules of Evidence, an assessment for ICTCYS408 needs to address all 27 unit components: 3 elements with 11 performance criteria, 3 performance evidence requirements, 9 knowledge evidence requirements, and the foundation skills. A coverage matrix mapping each question and task to these components is what an auditor looks for.

How does Auditori generate an assessment tool for ICTCYS408?

Auditori pulls the current release of ICTCYS408 from training.gov.au and generates a complete package: candidate assessment, assessor guide with model answers and observation criteria, and a coverage matrix mapping every component. A suitably qualified person then reviews and approves the draft in a built-in workflow — consistent with ASQA's guidance on AI use in VET — before export as branded PDF and editable Word.

Is the first assessment tool really free?

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Can I check my existing ICTCYS408 assessment instead of generating a new one?

Yes — upload your existing assessment or learner guide and Auditori maps it against every element, performance criterion, PE and KE of ICTCYS408, showing exactly what's covered and what's missing. Mapping costs a quarter of a credit.

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