Blockchain in Finance

This interactive module explores how blockchain technology is revolutionizing the financial sector. Through learning the basics of applying blockchain technology in finance and participating in engaging activities, you will gain a solid understanding of how blockchain impacts banking, investments, and cryptocurrencies. You will explore how this innovative technology is transforming how we manage money, invest, and conduct financial transactions. 

Skill to be developed

Learners will gain an understanding of how blockchain technology simplifies financial processes by eliminating intermediaries, which allows for more direct and efficient transactions. They will learn how blockchain enhances security in banking systems through its distributed nature, ensuring data integrity and reducing the risk of fraud. Additionally, learners will explore how blockchain creates new investment opportunities, such as facilitating trading on secondary markets and enabling fractionalized investments. Finally, they will gain insight into the role of cryptocurrencies within the blockchain ecosystem and their potential effects on finance. 

By mastering these key areas—streamlining financial processes, enhancing security and transparency, and understanding new investment opportunities—learners will be well-prepared to navigate the future of finance. The module includes an example of how blockchain is used in payments to demonstrate its advantages in real-world financial applications.