Blockchain for Accountants 7 The Future of Blockchain and Blockchain Trends

Price:
R422.05 (VAT Incl.)
Level:
Accounting professionals
Sub-level:
4th Industrial
Lecturer:
Nestene Botha
Duration:
120 Minutes
Additionals:
   CPD Assessment
   Certificate

Lesson Outline


This is the fifth in a series of webinars around the Blockchain for Accountants topic. Enhance your digital skills, and understanding of the new world in which business is developing. Future-proof your accounting firm by jumping on board and gaining an understanding around the fast evolving principles in this tech space that is set up to revolutionise the way that accountants do business and help the clients they serve to do business - in a safe, secure and revolutionary way.
In this webinar delegates will:
Become aware of future trends of blockchain, such as decentralised apps, decentralised autonomous organisations, and offchain transactions.
Then prepare to adapt yourself to this new environment.
Level up your skill set to keep relevant and play a critical role in the future.
When you complete this course you will be able to:
● Recall current blockchain trends.
● Identify the limitations of blockchain.
● Identify solutions to the limitations of blockchain.
● Recall how the Internet of Things (IoT) will increase an auditor’s scope.
● Recognise how mechanised proofs solve security issues with smart contracts and reduce risk for end users.
● Identify the attributes of dApps, DeFi, and DAOs.
● Recognise the importance of oracles for smart contracts.
This session will cover the following:

● Blockchain trends
● Blockchain limitations
● Off-chain transactions and payment channels
● Sidechains
● Directed acyclic graph (DAG)
● Block pruning
● Sharding
● Mechanised proofs
● Decentralised apps (dApps)
● Decentralised finance (DeFi)
● Decentralised autonomous organisations (DAOs)
● Oracles
● Staking
● Crypto asset qualified custodians
● Regulatory sandboxes
● Bitcoin exchange-traded funds (ETFs).