Explain the key items associated with a blockchain: tokens, coins, digital wallets, transactions, nodes, hashes, and blocksDescribe at least two use cases for a blockchain-based ledgerName the two methods for obtaining consensus among the nodes in a blockchain-based ledgerList at least three
Blockchain is a technique for creating a highly tamper resistant, fault tolerant ledger for recording and validating transactions using encryption. While some think of blockchain exclusively as the engine behind cryptocurrencies like Bitcoin and Ethereum, the blockchain protocol has many other uses, and can be configured to offer anonymity and run on a decentralized basis. Innovations like smart contracts, cryptocurrencies administered by national banks, and its use for recording permanent records like land transfer records and private company stock ledgers. This session will provide an introduction to this disruptive technology, and will provide insights into how it might change the way we do business in the future.
Delivery Method: Individual webcast
CPE Credit: Specialized knowledge
Program Level: Basic