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Blockchain & Law – Where Blockchain meets the Legal Industry

 

Blockchain is the technology set to change the way we deal with money. With the development of this decentralized ledger system, a host of opportunities have opened up. Industries today are using blockchain technologies to increase efficiency and solve business problems associated with data privacy, security, information sharing, and inclusion. This technology can create value for business through cost-savings and efficiencies – in terms of speed and simplicity. Moreover, blockchains are set to replace the traditional banking system which makes it pertinent for the legal fraternity to understand its impact on the commercial transaction. Further, this technology could revolutionize the admissibility of evidence, negotiable instrument and Information Technology Laws. Hence, one should know how the information is generated, stored, and shared in blockchains, as well as gain tools to evaluate whether or not a blockchain solution would be suitable for their particular business case.

This course is designed to not only give a basic understanding of the concept of blockchains and bitcoins, but also to elaborate on the working of the blockchains. This course will enable the learner to understand the need and impact of blockchain, on the banking sector. Learners will be aware of the legal issues involved with blockchains along with the smart contract, executed prior to the use of the same. The course does not require any prior knowledge of computer science or programming language.

COURSE OUTCOME

 
 

After completing this course, you will be able to:

  • Explain the concept and working of blockchains along with its application and benefits;
  • Understand the issues with the current banking system and how blockchains solves them;
  • Understand Bitcoins and smart contract. The advantage, feature and working of smart contracts along with the law involved in the same; and
  • Comprehend the challenges and legal issues involved in blockchain technology, like that of jurisdiction, digitization of taxation and impact of taxation.

COURSE OUTLINE

 
 
  • Module 1 – Introduction to Blockchains
  • Module 2 – Discover Blockchains
  • Module 3 – Blockchain Technology – Features, Challenges and Legal Issues
  • Module 4 – Blockchain Technology - What a Lawyer Needs to Know?
  • Certification Exam/ Assessment

CERTIFICATION

 

Honors Badge

WHO SHOULD TAKE THIS COURSE

  • Developers;
  • Technologists;
  • Technology architects wanting to expand their skills to Blockchain technology;
  • Professionals in any field;
  • Entrepreneurs with technology background interested in realizing their business ideas on the Blockchain;
  • Lawyers;
  • Students; and
  • Anyone interested in obtaining a broad overview of blockchain technology.

Level: Beginner and Intermediate

Language : English

EVALUATION METHOD

Learners must submit all assignments and secure at least 50% marks in Certification Exam at the end of the course to obtain the course certificate.

About the Author

Team LawSkills is a group of passionate and dynamic professionals who endeavor to craft content with perfection for learners. The team also liaisons with practitioners in various fields and professions to include their varied experience in developing all-inclusive courses. The resultant courses amalgamate theory and practice synchronous with the demands of professional practice.

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