Blockchain for Finance Professionals
Overview
Blockchain promises secure, shared records without a central intermediary, but its real uses in finance need careful evaluation. This course explains how blockchain works, its applications in payments, trade finance and securities, digital currencies, and the risks and governance issues involved.
Who should attend
Finance, audit, risk and IT professionals, bankers, and regulators.
Training methodology
Interactive presentations, practical exercises, case studies, group discussions, role-plays where relevant, and a personal action plan that participants apply in their own work.
Objectives
By the end of this course, participants will be able to:
- Explain how blockchain and distributed ledgers work
- Evaluate blockchain use cases in finance
- Understand digital currencies and tokenisation
- Assess risks, controls and regulation
- Decide when blockchain is the right solution
Course outline
Day 1Blockchain Basics
- Distributed ledgers
- Consensus mechanisms
- Public and private chains
- Smart contracts
- Demonstration
Day 2Use Cases in Finance
- Payments and remittances
- Trade finance
- Securities settlement
- Identity
- Case review
Day 3Digital Currencies and Tokens
- Cryptocurrencies
- Stablecoins
- Central bank digital currencies
- Tokenisation of assets
- Discussion
Day 4Risks and Regulation
- Operational and cyber risks
- Fraud and illicit finance
- Regulatory approaches
- Audit considerations
- Exercise
Day 5Evaluating Projects
- When to use blockchain
- Business case
- Governance of networks
- Implementation lessons
- Action plan
