Price:
R841.80 (VAT Incl.)
Level:
Accounting professionals
Sub-level:
4th Industrial
Lecturer:
Nestene Botha
Duration:
240 Minutes
Additionals:
R841.80 (VAT Incl.)
Level:
Accounting professionals
Sub-level:
4th Industrial
Lecturer:
Nestene Botha
Duration:
240 Minutes
Additionals:
CPD Assessment
Certificate
Certificate
Lesson Outline
Blockchain technology offers the promise of digital truth. When properly implemented, it provides a transparent, permanent, immutable, and high-speed record-keeping system. The possibilities are endless, from managing the logistics of supply chain networks to facilitating international commerce. The adoption of this technology is growing, with millions of new users every year. Organisations adopt this technology every day to help improve their existing operations through its ledger capabilities or executing smart contracts.
This session will cover the following:
● Define blockchain and identify an example of blockchain technology currently in use
● List examples of how blockchain uses encryption to make the resulting ledger tamper-resistant
● Identify at least four possible uses for blockchain-based ledgers
● Define cryptocurrency and list the four major cryptocurrencies used today
● List examples of benefits and risks associated with using cryptocurrencies
This session will cover the following:
● Define blockchain and identify an example of blockchain technology currently in use
● List examples of how blockchain uses encryption to make the resulting ledger tamper-resistant
● Identify at least four possible uses for blockchain-based ledgers
● Define cryptocurrency and list the four major cryptocurrencies used today
● List examples of benefits and risks associated with using cryptocurrencies