Course Description

Blockchain has been described as a transformative technology that will fundamentally change our relationships with third-party intermediaries including banks, lawyers and accountants. Blockchain technology has the potential to be a significant disruptor in terms of how business transactions are initiated, authorized and recorded. It has been compared in magnitude to the introduction of the internet. But, what is Blockchain, how does it work and why should we care? We will make blockchain technology understandable and provide you with action steps to help you prepare for this game-changing technology.

Learning Objectives

After completion of this course, participants will be able to:

1. Identify when blockchain technology came into existence
2. Identify who created blockchain technology
3. List one reason why blockchain technology was created
4. Identify the difference between blockchain and bitcoin
5. Identify one problem blockchain had to solve to replace intermediaries such as banks
6. List at least two challenges created by blockchain technology
7. Identify at least two types of cryptocurrency
8. Identify one characteristic of a smart contract
9. Identify at least one opportunity created by blockchain technology
10. Identify one practical use of blockchain technology

Sheriff Consulting is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBARegistry.org.