Blockchain For Business + Finance Professionals- NEW

Description

"Blockchain is the NEXT Internet. Block Chain will revolutionize Business, Healthcare, Finance, Banking, Development"

- BBC News

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We are not going to show you how to write code. But we are going to explain everything else, which is relevant and important to know about blockchain.  

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Blockchain offers the storage of records of transaction data through distributed networks. It retains the full history of transactions, which makes them verifiable and independently auditable. It also enables peer-to-peer transfer of value, potentially eliminating the need for intermediaries. In addition, event triggered programmable contracts, also known as smart contracts, can be stored and executed on Blockchain.

What this Blockchain technology is so powerful ?

Blockchain has several intrinsic features which  allows it to record and transfer value over the internet in a peer-to-peer manner:

Irreversibility: This technology prevents double spending, fraud, abuse, and manipulation of transactions because it contains certain and verifiable record of every single transaction ever made that cannot be altered without altering the entire chain.

No intermediary: It allows any two parties to transact directly with each other, without any trusted third party.

Near real time: It enables near real time settlement of recorded transactions, removing friction, and reducing risk.

Censorship resistant: Crypto economics ensures that Blockchain continues pumping out new blocks and that blocks are not being reverted or altered.

Distributed ledger: The peer-to-peer distributed network records a public history of transactions, making Blockchain distributed and highly available.

There are several specific use cases where the Blockchain technology can prove to be useful for the Finance Function. Some of these are listed below:

1. Budgeting and Forecasting

2. Intercompany reconciliations

3. Financial Audit

4. Vendor Management

5. Shareholder Voting                

Who can take this course?

• Any person with interest in Finance and emerging technologies

• Any individual from Software Development

• Any Student from College with any degree background

• Any individual who is working on Blockchain

• Any working professional interested in Blockchain to upgrade their skills and knowledge

• Non-IT finance professionals

• CFOs

• Controllers

• Management accountants

• Public accountants

• Partners

• Staff

• Managers

• Internal auditors

What should students must know before taking the course?

• Basic terms of Technology

• Basic terms of Finance

• Business Workflows

What will students gain after completing the course?

• Advanced Concepts in Blockchain

• Implementation of Blockchain

• Cryptocurrencies - How, What and When

• Next Generation Blockchain Technologies

• Financial Use Cases in Blockchain - Deep Dive

• Blockchain Frameworks

• How to transform to a blockchain Startup - Success Stories of implementation

In fact, in 2018 global blockchain survey, 84% of organizations reported that they were working with blockchain. When combined with AI, the internet of things (IoT), and intelligent automation, blockchain can play a central role in moving finance organizations toward the future they envision—one in which routine tasks are completed without a second thought, giving finance professionals time to focus on strategy and operations.

Today, most finance organizations are held back by inefficiencies. They spend inordinate amounts of time sifting through and manipulating data that is often either inconsistent or located in several disconnected systems—just to retrieve answers to basic questions.

Legacy systems can be far more powerful when combined with blockchain, which can bring business users closer to a single, trusted source of truth.

Blockchain can pave the way for this future. The technology promises other benefits, as well: Internet-connected devices seamlessly uploading data, and artificial intelligence (AI) systems tapping into historical records and proactively suggesting actions that finance professionals can use to bring their company to the next level in their digital transformation.

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