Blockchain 101

While new technology is exploding across financial services, none have received more attention than blockchain, the software underpinning bitcoin. Blockchain’s complex cryptography and distributed ledgers regulate, record, and enable transactions using bitcoin.

For banks, blockchain offers the opportunity to potentially slash costs by removing the need for middlemen, eliminating a lot of manual processing, and speeding up transactions. As a result, more than 42 top financial institutions have formed a joint working group to focus on developing commercial applications for blockchain in the global financial services industry.

  • So what exactly is blockchain and how does it work?
  • Why is blockchain causing such a stir in banking?
  • How could your firm leverage blockchain?

In this interactive half day workshop with leading experts in the field, we introduce a beginners guide to blockchain.

At the end of this workshop you will:

  • Understand the principles of blockchain
  • Learn how blockchain works using a live demo
  • Be able to confidently communicate the impact of blockchain to colleagues
  • Understand how blockchain technologies are being used today across financial institutions using case studies
  • Recognise the regulators view of blockchain
  • Map your next steps to leverage this new technology

 

Who Should Attend?

This workshop enables an understanding of the possibilities of the technology and draws out potential use cases. Decision makers, senior executives and SME’s from any of the following areas would benefit:

  • Regulatory Affairs and Reporting
  • Trading, Settlements and Trade Processing
  • Bank Wide Strategy and innovation teams
  • Digital Strategy / Digital Bank
  • Trade Finance
  • Custodians & Fund Administrators
  • Compliance – KYC , AML
  • Payments Processing – Cross border & internal

Session 1 – Blockchain 101

History & Background

  • Bitcoin
  • Other Cryptocoins
  • What is a blockchain?

 

Blockchain basics: How does the blockchain work?

  • Hashing
  • Cryptography
  • Public / Private Keys / Wallets
  • Building consensus
  • Disintermediation

 

Blockchain properties

  • Immutability
  • Transparency
  • Smart contracts

 

Pros & Cons of Blockchain

  • Limitations
  • Latency
  • Throughput
  • Public vs Private Blockchains
  • Open source vs proprietary

 

Q&A – Today and Tomorrows Applications of blockchain

Session 2

Review of the Current State

  • Different Blockchain platforms
    • Bitcoin Blockchain
    • Ethereum
    • Tendermint
    • Ripple
  • Sectors / Industries

 

Review of blockchain based apps

  • Augur
  • Tallysticks
  • Everledger

 

Governments & Regulation

  • Government view of blockchain and uses currently
  • UK government view & support
  • Regulators view
  • Uses of blockchain in regulation – RegTech
  • Regulation of the blockchain

Registration: 09:00
Start:  09:30
Close: 12:30

* Please note that the workshop sequence and/or subject matter may differ from that described here.  The programme is constantly being updated to embrace new ideas and developments as they evolve

Adi Ben-Ari

Adi Ben-Ari one of the co-founders of Applied Blockchain has extensive experience in enterprise technology spanning almost two decades. He has delivered significant software projects with major institutions both in the UK and abroad in different industries including finance. He is a noted and recognized expert in the blockchain field and talks frequently at conferences and industry forums, most recently at the 14th Bank Management Conference, Greece in November, and has led the delivery of a number of Blockchain smart contract solutions.

 

Adi has delivered numerous workshops to help understanding of the concepts behind blockchain and draws out potential use cases that may help their clients. Adi is also a co-founder of Tallysticks which has recently graduated from the highly competitive Barclays Techstars program.

Peter Bidewell

Peter Bidewell is the Chief Marketing Officer of Applied Blockchain and leads client relationships, partnerships and marketing for Applied Blockchain; consulting on the strategic implementation of blockchain solutions that are platform agnostic, scalable and enterprise ready. He has worked with a number of clients, across many different industries, to explain the technology and consult on the most suitable application of blockchain for their specific business needs. Peter regularly presents on blockchain at international events, most recently at the Blockchain Conference, Colombia in December.

 

Prior to joining Applied Blockchain, Peter has worked in a number of high growth startups across Fintech, FMCG, leisure and Edtech sectors in the UK, Australia and Sweden.

 

Take this workshop in-house

If you have five or more delegates who wish to attend this course, it may be more cost effective to run it in-company. To find out more about in-company training, please contact Philip Allen Director of Learning on 0207 216 8843 or philip.allen@bba.org.uk