Digital Trends: Blockchain
Course Number: ABA
Course Code: ABA
Covers the main points of the blockchain process to help a bank’s board of directors recognize how blockchain reduces transaction processing time and drives down costs. A bank’s board should also recognize that senior management needs to have a basic understanding of blockchain to determine how its application could improve internal efficiencies, and it should indicate in a bank strategy plan that it is open to blockchain’s technology and innovation.
After successfully completing the course, you will be able to:
Describe the features of blockchain
Examine the differences between permissionless and permissioned validation systems
Describe examples of blockchain innovation
Explore blockchain challenges related to process standards, platform integration, and security and legal risks
Audience: For members of a bank's board of directors.