About This Course
“Virtual currency,” “blockchain,” “smart contracts” – these words and phrases seem to be everywhere these days but do people really know what they mean. This CLE course will explain, in user-friendly terms, what virtual currency is, how it works and the legal and regulatory issues surrounding its use. The course also will explain and discuss the possible uses of the blockchain/distributed ledger technology beyond recording virtual currency transactions and the possible legal and regulatory issues arising out of that use. Finally, the program will explain and explore the concept of a “smart contract” and how it could be used to change the world of financial transactions.