Digital Trends: Blockchain

Course Number: ABA

Course Code: ABA

Free for ABA Members

Covers the main points of the blockchain process to help a bank’s board of directors recognize how blockchain reduces transaction processing time and drives down costs. A bank’s board should also recognize that senior management needs to have a basic understanding of blockchain to determine how its application could improve internal efficiencies, and it should indicate in a bank strategy plan that it is open to blockchain’s technology and innovation.

What You’ll Learn
After successfully completing the course, you will be able to:

  • Describe the features of blockchain
  • Examine the differences between permissionless and permissioned validation systems
  • Describe examples of blockchain innovation
  • Explore blockchain challenges related to process standards, platform integration, and security and legal risks

Audience: For members of a bank's board of directors.

Prerequisites: None

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Member Price: $0.00
Non-Member Price: $75.00
Textbook Charge: $0.00

Credits: n/a

Length: Approximately 5 minutes

ABA Training