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Featured Pathways

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Banking Essentials - Part I

This pathway will walk us through the basics of banks, starting with some of the different types and their main functions, then starting to look at the regulation faced by the banks, both before and after the Global Financial Crisis.

Greenwashing

Greenwashing is the act of distributing false information about something being more environmentally friendly than it actually is.

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Book a demo

Ready to get started?

Our Platform

Expert led content

+1,000 expert presented, on-demand video modules

Learning analytics

Keep track of learning progress with our comprehensive data

Interactive learning

Engage with our video hotspots and knowledge check-ins

Testing & certification

Gain CPD / CPE credits and professional certification

Managed learning

Build, scale and manage your organisation’s learning

Integrations

Connect Finance Unlocked to your current platform

Featured Content

More featured content

Tackling the Cost of Living Crisis

In this video, Max discusses the cost-of-living crisis currently enveloping the UK. He examines its impact on households as well as the overall economy.

CSR and Sustainability in Financial Services

In the first video of this two-part video series, Elisa introduces us to sustainability. She begins by looking at the difference between sustainability and corporate social responsibility, two terms that can be easily confused.

More featured content

Book a demo

Ready to get started?

Book a demo

Ready to get started?

Introduction to Bitcoin

Introduction to Bitcoin

Catherine Thomas

Financial technology specialist

Catherine provides an introduction to bitcoin - what bitcoin is, how it relates to blockchain, and how it has been perceived.

Catherine provides an introduction to bitcoin - what bitcoin is, how it relates to blockchain, and how it has been perceived.

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Introduction to Bitcoin

2 mins 1 sec

Key learning objectives:

  • Explain what Bitcoin and Blockchain are

Overview:

Bitcoin is a decentralised digital currency that can be sent from one user to another on the peer-to-peer bitcoin network without the need for intermediaries. The underpinning technology that maintains the Bitcoin transaction ledger is Blockchain, in which Bitcoin was the first application, though it can be adapted for other uses.

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Summary

Explain what Bitcoin and Blockchain are

  • "Bitcoin: A Peer-to-Peer Electronic Cash System”, published in 2008 by a person or group working under the name Satoshi Nakamoto, defined Bitcoin as a purely peer-to-peer version of electronic cash, allowing online payments to be sent directly from one party to another without going through a financial institution.
  • To get around the double-spending problem, the paper’s proposal was to use transactions stored and transferred using a distributed ledger on an open, public and anonymous network.
  • Bitcoin’s function is to maximise the security of its network; security defined as computational power, which makes it expensive to roll back changes to the transaction log.
  • Bitcoins are the block reward tokens given to people who improve the network’s computational power through a process called mining.
  • Blockchain is the underpinning technology that maintains the Bitcoin transaction ledger.
  • Bitcoin was the first application of blockchain. Bitcoin and blockchain are not the same thing. The blockchain that supports Bitcoin was developed specifically for it, but blockchain can be adapted for other use cases.

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Catherine Thomas

Catherine Thomas

Catherine is an associate at Outlier Ventures, a venture platform that was the first platform focused on blockchain in Europe. In her role, Catherine manages investor and partner relations, supporting their portfolio and building the Outlier Ventures community. Previously, she spent 3 years working with London & Partners as a consultant to international investors.

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