This is the third in a series of webinars around the Blockchain for Accountants topic. Enhance your digital skills, and understanding of the new world in which business is developing. Future-proof your accounting firm by jumping on board and gaining an understanding around the fast evolving principles in this tech space that is set up to revolutionize the way that accountants do business and help the clients they serve to do business - in a safe, secure and revolutionary way.
In this webinar delegates will:
Learn how transactions are conducted on blockchain, including the sending and receiving of crypto assets, transaction fees, UTXO versus account models, throughput, and settlement.
Gain knowledge about zero-knowledge proof with an animated video that highlights the mechanism and benefit of it.
Observe useful applications of blockchain in various industries, such as supply chain, health care, digital identity, financial services, accounting and auditing, and tax.
When you complete this course you will be able to:
● Identify fees, gas, throughput, and confirmations in blockchain.
● Recall the zero-knowledge proof concept and the problems the concept solves.
● Recall blockchain as a tool for provenance across multiple markets.
● Identify blockchain solutions for multiple industries and current and potential blockchain uses beyond crypto assets.
● Distinguish industry-specific applications of blockchain for accounting, tax, and legal
This session will cover the following:
● Transactions, blocks, and fees overview
o Transactions
o UTXO versus account models
o Throughput and settlement
o Zero-knowledge proof
● Domain-specific applications
o Supply chain
o Health care
o Digital identity
o Financial services
o Accounting and auditing
o Tax
o Decentralized marketplaces
o Legal
o Smart contracts
Accountants and business professionals who are interested in improving their productivity, decision-making, and value offer through an awareness of developments and processes in the blockchain and cryptocurrency space.
