Digital And Technology
Understanding Cryptocurrency
Blockchain Structure, Hash Codes, and Distributed Ledger Fundamentals
3 CPD credits on completion
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Certificate on completion
Downloadable resources
Self-paced learning
About This Course
Course Information
This CPD course is designed to give you a foundation in Blockchain and how it is then applied as the basis of Cryptocurrency.
Certificate on Completion
This course is made up of videos, questions and additional reading materials, and accounts for 1 unit of CPD. One unit is the equivalent of one hour of learning.
Course Sections
This course is made up of the following sections:
- How blockchain works (video)
- How blockchain works (quiz)
- How cryptocurrency operates (video)
- How cryptocurrency operates (quiz)
What You Will Learn
- Describe the structure of a blockchain, including blocks, hashes, and chronological chain storage
- Explain how distributed ledger technology records and distributes transaction data across a network of nodes
- Identify the role of miners and the proof-of-work consensus mechanism in validating cryptocurrency transactions
- Distinguish between public keys, private keys, and hash codes in securing blockchain data
- Compare centralised banking ledgers with distributed cryptocurrency ledger systems
- Assess the benefits and limitations that blockchain technology presents for the accountancy profession
Who This Course Is For
- Accountants and finance professionals who want a grounding in how blockchain and distributed ledger technology work
- Professionals preparing to advise clients who hold or transact in cryptocurrency
- Anyone in a compliance or audit role who needs to understand the mechanics behind crypto assets
Prerequisites
- No prior blockchain or cryptocurrency knowledge is required
- A general understanding of financial transactions and accounting concepts is helpful
Frequently Asked Questions
Course Details
CPD Credits3
CertificateYes
Pricing
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Everything included in your subscription:
CPD certificate on completion
Downloadable resources
Self-paced learning
Expert-led content
24/7 access
Mobile friendly
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