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Blockchain and Cryptocurrency Fundamentals

 Wed, 12/05/2018 from 9:00 am to 11:00 am
 Online
 
2.0
19 / 2-34808
Registration Status: CLOSED -- Please contact the VSCPA at [email protected] or (800) 733-8272 for availability.
Member Price
$79.00 Regular Registration
Your Price
$109.00 Regular Registration
Designed For:

Explain the key items associated with a blockchain: tokens, coins, digital wallets, transactions, nodes, hashes, and blocks Describe at least two use cases for a blockchain-based ledger Name the two methods for obtaining consensus among the nodes in a blockchain-based ledger List at least three

Prerequisite:

None

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

Related Events

The Virginia Society of CPAs (VSCPA) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: NASBARegistry.org.

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