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Blockchain Fundamentals

Date: Wednesday, January 30, 2019
Time: 1:00 - 2:40 pm EST

Sponsored by Lorman Education Services

Registration - Live Webinar Only: $199.00

Registration - Live Webinar Plus CD Recording: $268.00


Become better equipped to cut through the 'hype' surrounding blockchain and recognize aspects of your organization that could be impacted by this transformative technology.

While it has been nearly 10 years since bitcoin burst onto the world stage as the first cryptocurrency and blockchain-based technology protocol, we have since seen an incredible acceleration of innovation in what is now referred to as distributed ledger technology (DLT).

But with accelerated innovation comes disruptive impact, and the wide range of DLT-based applications and protocols currently in development have the potential to disrupt nearly every industry they touch. It should come as no surprise that a recent August 2018 research survey found 84% of large enterprises were reporting to have at least some level of involvement with blockchain technology, ranging from initial research to live implementation.

However, despite all of this investment and activity, many business executives and financial professionals are still relatively uncomfortable in their own ability to identify, evaluate, and articulate the practical impact that this technology poses for their organizations and business environments they operate in.

This program is designed to demystify blockchain in the areas that are relevant to business executives and the trusted financial professionals they rely upon. By the end of this topic, you will be better equipped to cut through the “hype” surrounding blockchain, understand the foundational concepts involved, and recognize aspects of their organization that could be impacted by this transformative technology.

Learning Objectives:

  • You will be able to describe the basic function of a blockchain, including the key characteristics and general operating features involved.
  • You will be able to discuss the potential opportunities and/or challenges faced by your organization that could be addressed in part by blockchain technology.
  • You will be able to review blockchain-based solutions that are proposed to your organization with a better understanding of the potential benefits and risks.
  • You will be able to recognize ways in which your organization could be impacted by blockchain-based technology.
This Live Webinar Covers These Hot Issues:

Blockchain Basics

• Core Characteristics of Distributed Ledger Technology
• How Blockchains Operate
• Types of Blockchains
◦ Public vs. Private
◦ Permissioned vs. Permissionless
◦ Consensus Mechanisms
• Role of Cryptocurrency Native Tokens

Blockchain in Business

• Adapting to Disruptive Technology
• "Smith Family" Illustrative Example of Blockchain in Business
• Current Blockchain Business Applications
• Evaluating Blockchain Solutions
◦ Benefits/Risks of Blockchains
◦ When to Use a Blockchain vs. Traditional Database
◦ Current Challenges for Blockchain Technology

Impact on Accounting and Financial Services Industry

• Financial Statement Audits/Assurance
• CDD/KYX and BSA/AML Compliance
• International Payments
• Trusted Intermediaries
• Managing and Accounting of Digital/Tokenized Assets

Additional Relevant Topics and Resources

Credit Information (Sponsored by Lorman Education Services):

  • CPE
  • AIPB

For Detailed Credit Information page click here

Only registered attendee will receive continuing education credit.


Brian Rust, CliftonLarsonAllen

  • Senior Associate, Cryptocurrency and Blockchain Technology Industry, CliftonLarsonAllen
  • Practice areas served include blockchain startup consulting, ICO tax planning, cryptocurrency tax compliance, and R&D tax credit studies
  • Frequently engaged to speak with trade groups about blockchain technology’s impact on their industry
  • B.S. degree in accounting, University of Central Florida
  • Can be contacted at 407-244-9302 or

(Not available outside the US)