Why Do Governments, Companies And Individuals Need Them?
What you will learn
An explanation of CBDC and digital currencies and the differences.
An overview of different types of Blockchains.
The technology behind Digital Assets.
The role CBDCs can play for governments to have in effect a new tool to help control their economies including tackling the informal economy.
The decline of cash – focus on UK and Sweden.
The decline of the US$ as the world’s reserve currency.
How technology can be used to make a more inclusive and fairer society.
The dangers of our current banking system.
Fractional banking – why digital currency is safer than a bank deposit.
Description
This course is designed to help you understand how and why governments are looking to introduce new ways to enable payments to be made – Central Bank Digital Currencies (CBDCs) – which will impact the global economy and society.
Alongside CBDCs, we are seeing digital currencies – stablecoins – being launched by companies which allow business owners and managers to reduce risk in their companies, make payments more efficient and help make society more inclusive. There has been considerable press coverage about cryptocurrencies and the technology that supports them – blockchain.
This course will give you an overview of different types of blockchain. It will give insight as to why governments and companies are looking to encourage the use of digital payments which will not have to rely on the current banking systems and procedures.
As our lives become ever more digitalised we need new more relevant and efficient methods of transferring value/making payments that can enable transactions on a face-to-face basis as well as online digitally or indeed on the rapidly growing metaverse.
About Your Instructor
Jonny Fry, CEO of TeamBlockchain and an advisor for a number of firms as well as Chairman of Gemini Capital UK and is regulated by the Central Bank of Ireland. He was the CEO for 20+ years of Premier Asset Management Plc, an asset management company listed on the London Stock Exchange.
He has written, since March 2018 each week, Digital Bytes, an analysis of how, why, and where Blockchain Technology and Digital Assets are used in different industries and jurisdictions globally. Digital Bytes has its’ own radio show which is broadcasted on CyberFM to 4.6million listeners in 140+ countries each week.
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