“Banking is necessary, banks are not” – Bill Gates made this statement in 1994. Infocus International online workshop titled “FinTech & Cryptocurrency” tells the story of enablers and disruptors in the financial industry.
About Infocus International
Infocus International is a global business intelligence provider of strategic information and professional services for diverse business communities.
About FinTech and Cryptocurrency (Online Course)
This is a live online course running over seven sessions. The first two sessions cover FinTech that enable and disrupt existing banking practices by using the possibilities of technology. Participants will identify new challengers that disrupt the status quo. Participants will see how Alibaba and Starbucks affected payments and how they became a financial services company. Participants will focus on the risks and opportunities, but mostly, participants will identify where the next gold mine lies for financial institutions.
Throughout the online course, the course will look at data analytics and what banks have done in the space of systems architecture, payment analytics, behavioural analytics and using neuroscience. All the above requires digital payment solutions. This begs the question on how to create a digital currency. With blockchain and cryptocurrencies on the rise, the following sessions explain the underlying mechanisms.
“Firstly, we must understand the basics of cryptography. Then, we must understand the Digital Ledger Technology (DLT). In order to master the workings, we breakdown the Digital Ledger Technology into its hashes and blocks before chaining them together to the blockchain. Then we compare Bitcoin to other cryptocurrencies. During the course, participants will be given free bitcoin to set up a crypto wallet and make some first payments to the peers. After checking out pitfalls and risks, the course will end with a game reinforcing all the learnings. We encourage critical thinking in participants and present the latest knowledge in this area.”
Infocus International
Course Sessions
- The stories of FinTech enablers
- The stories of FinTech disruptors
- Applications of data analytics
- Digitalising currency and cryptography
- Blockchain and the Distributed Ledger Technology (DLT)
- Cryptocurrencies
- Bitcoin account, security and compliance
Benefits of Attending
- Identify areas where FinTech will revolutionise your banking and finance business
- Learn from the sharing economy on which clients to target to future revenue stream
- Understand the attack on payment systems
- Learn how big data is changing everything
- Describe the goal of artificial intelligence and machine learning
- Recognise the biggest competitor to the financial industry
- Appreciate the changes required to the banking business model
- Apply the ‘Buy Now Pay Later’ concept to your business
- Understand blockchain, Distributed Ledger Technology, cryptocurrencies and the future of currency
- Identify the risks and limitations of Distributed Ledger Technology
- Identify the threats cryptocurrencies pose to central banks
Important Dates
The course will be commencing live on 9 March 2022.
Want to learn more?
Simply email emilia[at]infocusevent.com or call +65 6325 0210 to obtain your FREE COPY of the event brochure. For more information, please visit https://www.infocusinternational.com/fintech-cryptocurrency.
Importance of FinTech, Cryptocurrency, and Blockchain Education
As Bitcoin and other digital currencies have grown in popularity, attention has shifted to blockchain, the underlying distributed ledger technology (DLT) that underpins these cryptocurrencies.
Blockchain has applications in nearly every industry. This strongly argues that there has never been a better moment for blockchain education to learn about the technology.
Furthermore, with the rapid growth of cryptocurrency acceptance, there is a lot to consider while managing your wealth or business. Understanding the transition between legacy and decentralized financial infrastructures will be easier if you have a solid understanding of FinTech and cryptocurrency.
