Bitcoin: Fear, Uncertainty, and Doubt (FUD)
OVERVIEW
Bitcoins have gotten much more traction thanearly detractors and pundits expected. With that reality, what do banks need to
do, if anything, to prepare for their existence and surprising acceptance?
This session will present the fundamental
workings of virtual currencies with an emphasis on bitcoin and the current
state of the regulatory front. We will get your thinking caps energized
as to how bankers might approach virtual currencies and some thoughts about
what the future might hold for bitcoin.
It appears that Bitcoin and blockchain are
here to stay – what does that mean to your institution?
Banks are pumping huge amounts of money into
systems designed to prevent money laundering, but the blockchain could help by
recording each leg of a transaction, making its ultimate destination easier to
trace. Once you understand the fundamentals, you will be able to determine what
this means to your institution.
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| Bitcoin training course |
WHY
SHOULD YOU ATTEND
Bitcoins have been adopted by a wide range of
user – the good, the bad, and the ugly. Understanding how they and the block
chain operate is essential to preparing for is further adoption and
incorporation into financial society.
Although primarily associated with bitcoin,
the blockchain is increasingly being eyed by the financial services world as a
potential boon for a range of functions. Senior bankers are discussing the
potential of blockchain technology as a way to cut costs and improve
transparency for financial transactions.
No bank can afford to ignore what it [bitcoin
and the blockchain] promises for the ongoing avalanche of digital innovations
to come, including fighting crime and combating cyber-attacks.
AREAS
COVERED
- What is Bitcoin/bitcoin/block chain?
- How the heck does it work?
- Facts and figures to surprise
you…..
- The Good, The Bad, and The Ugly
- “Regulations? We don’t need no
stinkin’ regulations!”
- The legal tender debate
- Technology and regulatory issues
- What bank’s should do now
- Summary
WHO
WILL BENEFIT
- Operations professionals
- Money managers – Wall Street
- Cash Management professionals
- Payments professionals
- Retail Banking officers
- Bank research staff
- Attorneys
- Compliance Managers
LEARNING
OBJECTIVES
- What is Bitcoin, bitcoin, and
Blockchain
- How do they operate
- Where did they come from
- What to do about them
For more detail please click on this below link:
Email: support@trainingdoyens.com
Toll Free: +1-888-300-8494
Tel: +1-720-996-1616
Fax: +1-888-909-1882

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