Cryptocurrency 101: Bitcoin and blockchain explained

OVERVIEW This session will present the fundamental workings of virtual currencies with an emphasis on bitcoin and the current state of the regulatory front. We will get your thinking caps energized as to how you might approach virtual currencies and some thoughts about what the future might hold for them. Banks are pumping huge amounts of money into systems designed to prevent money laundering, but the blockchain could help by recording each leg of a transaction, making its ultimate destination easier to trace. Once you understand the fundamentals, you will be able to determine what this means to your institution. WHY SHOULD YOU ATTEND Cryptocurrencies have been adopted by a wide range of user – the good, the bad, and the ugly. Understanding how they and the blockchain operate is essential to preparing for its further adoption and incorporation into financial society. Although primarily associated with bitcoin, the blockchain is increasingly being eyed by the financial servic... Read more

OVERVIEW This session will present the fundamental workings of virtual currencies with an emphasis on bitcoin and the current state of the regulatory front. We will get your thinking caps energized as to how you might approach virtual currencies and some thoughts about what the future might hold for them. Banks are pumping huge amounts of money into systems designed to prevent money laundering, but the blockchain could help by recording each leg of a transaction, making its ultimate destination easier to trace. Once you understand the fundamentals, you will be able to determine what this means to your institution. WHY SHOULD YOU ATTEND Cryptocurrencies have been adopted by a wide range of user – the good, the bad, and the ugly. Understanding how they and the blockchain operate is essential to preparing for its further adoption and incorporation into financial society. Although primarily associated with bitcoin, the blockchain is increasingly being eyed by the financial services world as a potential boon for a range of functions. Senior bankers are discussing the potential of blockchain technology as a way to cut costs and improve transparency for financial transactions. No one can afford to ignore what it [bitcoin and the blockchain] promises for the ongoing avalanche of digital innovations to come, including fighting crime and combating cyber-attacks. AREAS COVERED • What are cryptocurrencies? • What areBitcoin/bitcoin/blockchain? • How the heck does it work? • Facts and figures to surprise you….. • The Good, The Bad, and The Ugly • “Regulations? We don’t need no stinkin’ regulations!” • The legal tender debate • Technology and regulatory issues • What bank’s should do now • Summary LEARNING OBJECTIVES • What is Bitcoin, bitcoin, and Blockchain? • How do they operate? • Where did they come from? • What to do about them? WHO WILL BENEFIT • Operations professionals • Money managers – Wall Street • Cash Management professionals • Payments professionals • Retail Banking officers • Bank research staff • Attorneys • Compliance Managers For more detail please click on this below link: https://goo.gl/uYdyQH Email: support@trainingdoyens.com Toll Free: +1-888-300-8494 Tel: +1-720-996-1616 Fax: +1-888-909-1882