Cryptocurrency 101: Bitcoin and blockchain explained
OVERVIEW This session will present the fundamental workings of virtualcurrencies with an emphasis on bitcoin and the current state of the regulatoryfront. We will get your thinking caps energized as to how you might approach virtual currencies and some thoughts about what the future might hold for them. 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. bitcoin technology WHY SHOULD YOU ATTEND Cryptocurrencies have been adopted by a wide range of user – the good, the bad, and the ugly. Understanding how they and the blockchain operate is essential to preparing for its further adoption and incorporation into financial society. Although primarily associated with bitcoin, the blockchain is increasing...