Blockchain and Cryptocurrency Fundamentals

Course Details

Date

Thursday, November 5, 2020

9:00am – 11:00am

Field of Study

Specialized Knowledge

Course Number

AC0754

CPE Credit

2.0 hours CPE credit

Level of Knowledge

Basic

Vendor

ACPEN

Prerequisites

None

Description

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.  

Highlights

  • What Is A Blockchain?
  • Fundamental Components Of Blockchain
  • Types Of Blockchain-based Ledgers
  • How Do The Nodes In Blockchain Record Transactions???
  • Behind The Scenes: Blocks And Hashing
  • Audit and Governance Issues

Objectives

  • 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 cryptocurrencies which are secured with blockchain-based ledgers

Designed For

All CPAs

Registration for this course has passed.

Course Pricing

Member Fee

Applicable if you are a HSCPA member in good standing.

$79.00
Non-Member Fee

Applicable if you are not a HSCPA member.

$109.00
Your Price $109.00

CPE Choice

Learn more about CPE Choice.
This course does not qualify for CPE Choice.

View All Webcasts