Blockchain and Smart Contracts (Completed)

Date: Monday, October 25, 2021
Instructor: Cory Campbell
Begin Time:  9:00am Pacific Time
10:00am Mountain Time
11:00am Central Time
12:00pm Eastern Time
CPE Credit:  2 hours for CPAs

Blockchain ranked as the #1 most “in-demand hard skill” on Linked in for 2020. Although this distributed ledger technology is still in its infancy, blockchain has great potential for market disruption because of the methodologies it uses to authenticate and record transactions. Embedding self-executing code into permissioned blockchain systems provides a whole new landscape to image what is possible through blockchain technology. Real estate, land, and automobile titles, digital voting, expediting energy futures trading, tax regulation and compliance, tracking assets or even the tracking of prescription drugs can be reimagined because of the power of blockchain technology.

Who Should Attend
Professionals in public practice, business, government, and education who wish to be knowledgeable about blockchain-enabled environments.

Topics Covered

  • Blockchain characteristics
  • Digital assets, crypto assets, cryptocurrency
  • Permissioned versus non-permissioned Blockchain
  • What are oracles?
  • How to smart contracts work?
  • What are the risks and opportunities with smart contracts?

Learning Objectives

  • Describe the fundamental characteristics of blockchain technology
  • Differentiate between types of blockchains and the associated potential use cases
  • Recognize how to evaluate different risk factors that may be introduced by including smart contracts in a blockchain-enabled environment

Level
Intermediate

Instructional Method
Group: Internet-based

NASBA Field of Study
Information Technology (2 hours)

Program Prerequisites
Basic understanding of accounting and audit standards.

Advance Preparation
None

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