Digital Currency 101



Digital Currency 101: A Crypto Class for the Rest of Us

September 28, 2022 | 10:00 am - 2:00 pm CST



Investment: 
Bank Members | $199 for first banker - $55 for additional bankers from same bank

Description:
Do you tense up when people use terms like blockchain and distributed ledger? Are you quietly bewildered by the idea that a single Bitcoin could be worth tens of thousands of dollars? Would you have trouble explaining the difference between the CDC and a CBDC? If you answered "yes" to any of these questions, this session is for you. Join us for a non-technical (but fully financial) explanation of what digital currencies are, how they work, and what all the fuss is about. 

Objectives: 
This session will give bankers a basic understanding of cryptocurrency topics, including:

  • Do cryptocurrencies really have value?
  • What is Bitcoin?
  • How do Bitcoin processing and mining work?
  • What are some other popular digital currencies and how are they different from Bitcoin?
  • What are stablecoins and how do they hold their value?
  • What is the difference between a stablecoin and a tokenized deposit?
  • What is a Central Bank Digital Currency (CBDC) and what would a U.S. version look like?
  • What can I do to help my bank prepare for the proliferation of cryptocurrencies?

Agenda:
10:00 – 10:15   The Nature of Money
10:15 – 11:00   Bitcoin
11:00 – 11:15   Break
11:15 – 11:30   Ethereum and Other Altcoins
11:30 – 11:45   Stablecoins
11:45 – 12:00   Tokenized Deposits
12:00 – 1:00     Lunch
1:00 – 1:30       Central Bank Digital Currencies (CBDCs)
1:30 – 2:00       Discussion: The Future of Crypto in Financial Services

Presenter: 
Kevin Moland
, AAP, Product Strategist, Senior Advisory, Jack Henry Payments Strategy

Questions? Contact Patti Coles at Patti@Minnesota.Bank or (651) 789-3987

 

When
9/28/2022 10:00 AM - 2:00 PM
Where
ICBM/SHAZAM Education Center 7900 International Drive, Ste 685 Bloomington, MN 55425 UNITED STATES

Program


Wednesday, 28 September 2022

 
Time
10:00 AM - 1:00 PM
9/28/2022 10:00 AM

Time
10:00 AM - 1:00 PM
9/28/2022 10:00 AM

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