Blockchain Explained: The Critical Concepts You Need to Understand

Paula Puddy, HBA LLB MBA

Most of us have heard the terms Blockchain, Distributed Ledger Technology, Cryptocurrency, or Bitcoin. But how does this technology work, how will it change the world, and how will it disrupt industries?

If you want to set yourself apart and gain a solid grounding in this growing practice area, then this video will provide concepts to be understood rather than terminology to be remembered, allowing you to have better, more informed, conversations with clients and identify new opportunities.

Here are my key takeaways from this video training and the general Blockchain landscape:

• You don’t want to be the next blockbuster video, you need to stay current
• Huge companies such as Facebook, Microsoft and even PepsiCo.are creating Blockchain teams, demand for legal understanding is growing
• Most of us know a bit about Blockchain, but we sure could use some expert learning
• This video breaks down the terminology and key components, so it helps anyone starting from square one to understand the critical parts
• You’ll get clear analogies to explain the Blockchain concepts
• The video clearly defines terms you are going to hear more often: Blockchain, digital wallet, bitcoin, private key
• You will get insightful commentary on how companies are implementing this technology so that you have a better contextual understanding of real-world applications

Watch the Video

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