Blockchain For Financial Institutions Course - Johannesburg

By Sonya http://blockchainacademy.co.za

Wed Sep 14, 09:00 - Wed Sep 14, 14:30

Bandwidth Barn

ABOUT

The world's largest financial institutions are looking at the blockchain technology as a means to improve their existing services, systems and products by leveraging its key features: security, transparency, full life-cycle transaction history, real-time, immutability and cost-efficiency. Blockchain technology was first developed to provide an alternative approach to payments, by using cryptographic methods to provide an alternative trust-mechanism between two transacting parties. However, now it is being used as a solution for a wider variety of transactions.

In this course we delve deeper into alternatives to the bitcoin blockchain, such as Ripple, Hyperledger and Ethereum. The course provides an insight into the differences between private and public blockchains and where the value of each lies for the user and organisations. The course will also provide information on what financial institutions are currently doing with this technology and the possible use cases of this innovative technology for financial institutions.
 
Module 1 - Introducing Bitcoin           
  • Bitcoin pricing and volatility
  • Bitcoin security
  • History of Bitcoin
  • Digital currencies explained
  • Money and currency

Module 2 - The Bitcoin Blockchain                     
  • Bitcoin mining
  • How transactions are stored on the blockchain
  • 101 of the blockchain
 
Module 3 - Bitcoin Scalability, Risks and Limitations
  • Mining pools and centralisation
  • Proof of Work efficiencies
  • Transaction volumes and block sizes

Module 4 - Centralised vs. Decentralised Blockchains
  • Decentralised blockchain case studies
  • Centralised blockchain case studies
  • Overview of permissionless (public) and permissioned blockchains (private)

Module 5 - Use Cases and Opportunities for Financial Institutions    
  • Digital identity
  • Smart assets or property
  • Smart contracts
  • Capital markets
  • Trade finance / trade of financial assets
  • Proof of ownership
  • Time-stamped records
  • Coloured coins and digital asset ownership
  • Immutable ledger
  • Clearing and settlement
  • Payment rails
     
Module 6 - Use Cases and Opportunities for Non-Financial Institutions      
 
Module 7 - Financial Institutions Experimenting with Blockchain Technology
                                                       
Module 8 - Compliance, Regulation and Tax        
  • Money laundering and fraud     
  • Bitcoin compliance
  • Regulation globally and in South Africa
 
Course attendees will receive printed training material and a Certificate of Completion.
Please note: The course content is subject to change slightly.

Blockchain for Financial Institutions Course