Blockchain for Financial and Banking Professionals

Why Choose this Training Course?

In today's rapidly evolving global economy, technology companies are venturing into financial services, and financial institutions are increasingly embracing technology to enhance their offerings. Understanding blockchain technology and decentralised digital currencies (cryptocurrencies) such as bitcoin is becoming crucial for professionals in the banking and financial sectors.

This course provides:

• An introductory understanding of blockchain technology and cryptocurrencies.

• Insights into the practical applications of blockchain in financial and banking sectors.

• Exploration of the impact of blockchain on financial regulations and legal frameworks.

• An overview of the latest trends in financial technology (Fintech) and Central Bank Digital Currencies.

What are the Goals?

By the end of this training course, participants will be able to:

• Recognise blockchain as an emerging technology with vast potential in financial and banking sectors.

• Define the components of cryptocurrencies and their role in the global crypto market.

• Understand the disruptive potential of blockchain in the financial sector and its place in innovation frameworks.

• Explore innovations in banking and finance, including Fintech, decentralised finance (DeFi), and Central Bank Digital Currencies (CBDCs).

• Assess the integration of blockchain within the current banking environment.

Who is this Training Course for?

This course is ideal for banking and finance professionals seeking in-depth knowledge of blockchain and cryptocurrencies, along with insights into the regulatory frameworks governing digital currencies and their usage.

It's suitable for a wide range of professionals, including:

• Individuals interested in blockchain and cryptocurrency knowledge.

• Finance and banking employees seeking a deep understanding of emerging technologies.

• Bank and financial institute managers and directors looking for profound insights into the impact of blockchain and cryptocurrency.

• Professionals in regulatory and legal departments or those interacting with central banks within financial institutions.

How will this Training Course be Presented?

This training course employs various proven adult learning techniques to ensure comprehensive understanding and retention of the information. It includes:

• Highly interactive presentations with computer visuals and graphics.

• Teamwork and role-play activities, including the assessment of multiple blockchain solutions.

• Self-assessment quizzes at the end of each day to test comprehension.

• Videos and detailed case studies demonstrating blockchain usage in various business sectors.

Course Content

Day One: History of Money and Contemporary Challenges

• Historical perspectives on money.

• The Byzantine General's Problem.

• Challenges in the financial and banking systems.

• Blockchain definition and introduction to cryptocurrency.

Day Two: What is Blockchain?

• Assets and blockchain.

• The double-spending problem.

• Decentralised vs. centralised systems.

• Fundamentals of blockchain structure and a practical blockchain demonstration.

Day Three: Bitcoin in Practice

• The Bitcoin ecosystem.

• Consensus algorithms.

• Cryptography in Bitcoin.

• Bitcoin transactions, mining, and alternative uses.

Day Four: Blockchain and Central Banks

• Central Bank Digital Currency (CBDC).

• Central banks and cryptocurrency.

• Financial institutions and cryptocurrency.

• Tax regulations, money service businesses, and security regulations.

Day Five: Fintech and Innovation

• Diffusion of innovation.

• Fintech vs. traditional banking.

• Global Fintech trends.

• Cryptocurrency's role in the developing world.

• The convergence of finance and blockchain.

• Case studies in banking and finance.

Format: Onsite

Language(s): English

Duration: One Week

Certificate of Completion: Upon successful completion of the course, participants will receive a Certificate of Completion from Al-Majd Pathways Centre (APC).