FinTech, Blockchain, and Cryptocurrencies Certification Training Course

Why select this training course?

Digital transformation is affecting all major banks, businesses, and financial institutions. Central banks are contributing to the research and development of blockchain and FinTech. Therefore, everyone must understand these emerging technologies and how they can best be used to survive this era. “Banking is necessary, but banks are not” Bill Gates, 1994. This Rcademy course will give participants insights into banking sector disruptors making banking dynamic and modern; it will fully analyse modern, more secure, and popular banking methods such as blockchain, cryptocurrencies, and FinTech.

What do we understand by FinTech, Blockchain, and Cryptocurrencies?

FinTech refers to integrating technology into financial services, creating new and improved financial products and services. Blockchain is a distributed ledger technology that makes transactions safe and clear without intermediaries. It is the technology behind cryptocurrencies such as Bitcoin. Cryptocurrencies are electronic or virtual tokens protected by cryptography and don’t need a central bank. Bitcoin is the first and largest cryptocurrency, but thousands of different cryptocurrencies are now in circulation.

Why should we study FinTech?

There are several reasons why it is important to study fintech:

• The fintech industry is growing rapidly, and there is a high demand for professionals with the necessary skills and knowledge.
• Fintech has the potential to provide financial services to underserved populations who previously did not have access to them, promoting financial inclusion.
• Fintech is driving innovation in the financial sector, creating new products and services that make finance more accessible and efficient.
• The growth of fintech is having a significant impact on the global economy, and understanding its impact is important for economic analysis and decision-making.

This FinTech, Blockchain, and Cryptocurrencies Certification Training Course by Rcademy will enable participants to understand neuroscience and the use of data analytics in banking, cryptocurrencies, blockchain, fundamental basics of cryptography, digital ledger technology, and Bitcoin as a major player. The knowledge acquired will help answer the question of how cryptocurrencies will affect banking, why blockchain is good for business, and how to tap into the power of blockchain. This course is designed and developed to help participants understand how this will happen using various technologies and how these technologies work. It will give a clear insight into how FinTech, blockchain, and cryptocurrencies interact with baking, regulations, and financial systems.

Who should attend?

This FinTech, Blockchain, and Cryptocurrencies Certification Training Course by Rcademy is ideal for the following professionals:

• Central banks officers
• Financial technology solution providers
• Ministry of Finance officers
• Investment firms
• Regulators and authorities
• Financial institutions
• Insurance and treasury centres
• Securities and investment commissions
• Professionals seeking to understand blockchain and fintech
• Technical professionals such as business development managers, IT, and Finance
• Business owners

What are the course objectives?

The objectives of This FinTech, Blockchain, and Cryptocurrencies Certification Training Course by Rcademy are to enable professionals to:

• Explain blockchain, cryptocurrency, and the future of currency
• Discover threats that FinTech companies pose to the banking and financial industries at large
• Gauge the regulator’s stance accurately
• Identify the risks and limitations of digital ledger technology
• Recognise the biggest competitor to the financial industry
• Explain the possibility of currencies existing without the involvement of banks
• Identify the threats cryptocurrencies pose to central banks
• Understand the technology behind blockchain and its benefits
• Determine the adequate use of bitcoin
• Differentiate between blockchain as technology and cryptocurrencies
• Describe blockchain as disruptive innovation and understand its potential for growth
• Appreciate the required changes to the banking business model
• Learn from the sharing economy on which clients to target the future revenue stream
• Apply the “buy now, pay later” concept to your business

How will this course be presented?

Like all Rcademy courses, this training course will be facilitated by experts with vast experience. It will be presented in the following ways:

• Lecture notes
• Presentations
• Examples
• Demonstrations
• Assignments

What are the topics covered in this course?

Module 1: Fintech Enablers And Disruptors

• Introduction to FinTech
• Growth of FinTech
• The digitalisation of the existing business model in finance
• The 4th industrial revolution
• Banking the future: the digitally enabled bank
• The early digital birds and their impact

Module 2: Bitcoin, Compliance, And Security

• What is bitcoin?
• Choosing your bitcoin wallet
• Storing bitcoin safely
• Converting your bitcoins to Fiat currency
• How to send or receive bitcoin
• Assignment: setting up your wallet and transfer to peers
• Applications of distributed ledger technology
• Practical issues

Module 3: Cryptocurrencies

• Cryptocurrencies
• Initial coin offerings
• Types of cryptocurrencies
• Security issues
• Macro side of cryptos
• Non-fungible tokens (NFT)
• Hot and cold wallets

Module 4: Fintech As The New Disruptor

• The silent disruption
• How to regulate the FinTech industry
• AI and Machine learning
• Implications of FinTech for banks and financial services
• The digitalisation of the banking business model: the real disruption

Module 5: Cryptography

• What is cryptography?
• Attacks and common mistakes
• Discrete probability
• Secure cypher
• Case study and example
• Block cypher
  – AES and other constructions
  – The data encryption standard
  – Many times key
• Message integrity
• Authenticated encryption
  – Pitfalls
  – Searching on encrypted data
  – Standard construction
• Basic key exchange
  – The Diffie-Hellman protocol
  – Arithmetic algorithms
  – Fermat and Euler
  – Public-key encryption
  – Modular the roots
• ElGamal security
• Digital signatures

Module 6: Financial Banking and FinTech

• Private banking and wealth management
• Commercial and corporate banking
• Asset and investment management
• Regulation and compliance
• Payments and correspondent banking
• Trading and investment banking
• Research and analysis
• Corporate finance and M&A

Module 7: Data Analytics and Application

• Neuroscience
• Payment analytics
• The BIAN implementation journey
• Behavioural and engagement
• From fiat currencies to cryptocurrencies
• Mining
• How data analytics is used in cryptocurrencies

Module 8: Overview

• Bitcoin best practices
• Why FinTech
• Decentralised finance
• Decentralised Autonomous Organisations
• Blockchain and Central banks
• Digital currency innovations
• Fundamentals and advanced practices in blockchain
• Financial institutions and technology
• Applications of FinTech
• Contemporary challenges in Finance and Banking
• Use cases in Banking and Finance

Module 9: Digitalisation of Money

• Investing
• Money Transfer
• Risk management
• Trading and electronic trade execution
• Reporting and regulation
• Use of social media in digital money
• Liquidity management in digital money
• Asset liability management in the cryptocurrency era
• Payments and correspondent money handling
• Private banking and wealth management issues