An Interactive 5-Day Training Course
Payments, Digital Currencies and Cashless Economies
Blockchain and Distributed Ledger
Course Overview
This GLOMACS Payments, Digital Currencies and Cashless Economies training course simplifies the understanding of the cashless economy. Fintech has become an inevitable buzzword in recent years. The term is widely used to describe internet - and smartphone-enabled financial innovations that have gained prominence since the 2008 financial crisis. From artificial intelligence (AI) to cryptography, rapid advances in digital technology are changing the landscape of financial services, creating opportunities and challenges for consumers, service providers and regulators.
As interest in blockchain technology grows, companies face many decisions, challenges, and legal issues related to its adoption. Relevant topics include the overall design and control of blockchain systems, potential liability for the use (or misuse) of data contained in the system, and the consequences of immutably tracking data and transactions in near-real time. The financial services industry is one of the sectors expected to benefit most from blockchain in the next few years. The main reason for this is that its "core functionality of validating and transmitting financial information and assets is very closely aligned with the core transformational impact of blockchain".
This Payments, Digital Currencies and Cashless Economies training course will highlight:
- FinTech Evolvements & Distributed Ledger Technology
- Regulations and Laws
- Digital Currencies & Cashless Economies
- Types & Platforms of Crowdfunding
- Use of Smart Contracts
Training Objectives
At the end of this training course, you will learn to:
- Develop a good understating of the Distributed Ledger Technology (DTL).
- Determine the different types of Blockchains.
- Analyze the tokens platforms.
- Apply the wallet controls.
- Design a successful smart contract.
- Learn about the Initial Coin Offering ICO.
- Explain the laws and regulations governing the digital currency.
Who should Attend?
This Payments, Digital Currencies and Cashless Economies training course is suitable to a wide range of professionals but will greatly benefit:
- Bankers
- Insurers
- Banking & Finance Experts
- Chief Information Officers
- Chief Operations Officers
- Chief Compliance Officers
- Chief of Trade departments
- Chief of Global Markets
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
Training Outline
DAY 1: What Precisely is Fintech and What Problems Does It Solve?
- FinTech: law and regulation
- What’s new in Fintech
- Artificial intelligence (AI), machine learning
- Biometrics and robo-advice
- Blockchain
DAY 2: New Payments Landscape
- How should regulators respond?
- What is PSD2?
- Customer consent
- Customer authentication
- Open banking
DAY 3: Alternative Financing: Crowdfunding Platform
- Types of crowdfunding
- (Why) should crowdfunding be regulated?
- Authorization and licensing requirements
- Investor protection
- Governance of crowdfunding platforms
DAY 4: Crypto Assets and Initial Coin Offerings & Blockchain in Financial Services
- Crypto assets – taxonomy and legal status
- Regulation of crypto assets
- Initial Coin Offering (ICO)
- DLT and blockchain overview
- Common use cases for blockchain technology in financial services
- Legal and regulatory issues to consider when implementing
DAY 5: Smart Contracts & Allocation of Liability on Distributed Ledgers & Governing Blockchain
- Smart contract models
- Do smart contracts have legally binding contractual effect?
- Other legal issues relevant to smart contracts
- Dispute resolution challenges in the blockchain ecosystem
- Types of disputes likely to arise
- how to determine applicable law for Blockchain?
- Governing law and jurisdiction challenges
Certificates
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Accreditation
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
Sessions in international locations
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