CPD WEBINAR: An Introduction to Blockchain and Cryptocurrency and the impact on Insurance
Blockchain, Distributed Ledger Technology, Bitcoin and cryptocurrencies in general keep appearing in the news.
Whether it’s about ransomware, the dark web, money laundering or fraud, it tends to have only bad stories written about it.
There’s also a lot of hype too as Bitcoin keeps going up in price, “DeFi” is the next big thing and Non-Fungible Tokens (NFT’s) are the latest craze. The digital artist known as Beeple recently raised $69 Million from the auction of an NFT.
The technology is full of buzzwords which makes it difficult to appreciate that it does offer some radical alternatives to how businesses operate and could have a transformative effect – particularly in insurance.
The session is intended for those who wish to gain an understanding of blockchain core concepts, use cases and relevance to insurance. It is designed to be business, rather than technical, focused and no prior knowledge of Blockchain is required.
By attending this event, delegates will be able to:
• Understand what a Distributed Ledger is
• Be aware of examples of how blockchain is being used across a range of industries
• Discover how blockchain is being used in Insurance
• Be aware of the main insurable risks
• Understand what cryptoassets, cryptotokens and cryptocurrencies are
This demonstrates the quality of an event and that it meets CII member CPD scheme requirements.
1 hour's CPD can be claimed for this event if relevant to your learning and development needs.
It is recommended that you keep any evidence of the CPD activity you have completed and upload copies to the recording tool as the CII may ask to see this if your record is selected for review. Details of the scheme can be viewed online at www.cii.co.uk/cpd.