This webcast focuses on demystifying the blockchain technology by helping you understand the foundational constructs, benefits and opportunities of blockchain technology. You will be prepared to weigh the risks and challenges as you consider implementing this technology within your organization or your clients’ organization.
When you complete this webcast, you will be able to:
• Identify the fundamentals of money/currency and its evolution from pre-cryptocurrency to digital/crypto-assets.
• Distinguish between blockchains and cryptocurrency and ownership.
• Identify the core components of blockchain technology.
• Distinguish between proof of work, proof of stake, and mining.
• Identify the custody, responsibility, and control continuum.
• Recall the importance of cryptocurrency security for accountants and auditors.
• Identify the security attributes of the various wallet types.
• Recognize the distinction between physical security and digital security.
• Recall the benefits and features of multi-sig wallets.
• Identify the ways two-factor authentication (2FA) and password managers are used for cryptocurrency security.
• Evolution of cryptocurrency
• Core components of blockchain technology
• Proof of work, proof of stake and mining
• Custody, responsibility and control continuum
• Cryptocurrency security
• Security attributes for various wallets
• Contrasting physical and digital security
• Authentication and password managers from cryptocurrency security
Non-IT finance professionals, CFOs, controllers, management accountants, public accountants, partners, staff, managers and internal auditors