Bitcoin: Key concepts to understand about the original blockchain

Learning objectives

After completing this course, the learner should be able to:

  • Describe how the Bitcoin blockchain helped solve the double-spend problem
  • Describe the importance of the Bitcoin blockchain being a distributed platform
  • Recognize the role/importance of nodes, mining, the nonce, hashing, and proof-of-work
  • Identify incentives for users to participate in sustaining the Bitcoin blockchain

Instructor bio

Dr. Sheldon’s professional background includes working in academia as well as in public accounting. He started his career working for PwC in the Risk Assurance practice, with a focus on auditing the information technology environments used to generate financial statements along with attestation work of third party service organizations (i.e., System and Organization Control (SOC) reports). When working in academia, he taught accounting undergraduate/graduate courses on Financial Accounting, Managerial Accounting, Accounting Information Systems, and Information Systems Control and Assurance at Virginia Tech and John Carroll University. His academic research focuses on the impact of blockchain on the accounting profession, assurance of non-financial information, and codes of professional conduct. He holds a PhD in Accounting and Information Systems from Virginia Tech, a Masters of Accountancy from Miami University, and a BS in Accounting from Miami University. He is a recipient of the AICPA’s Accounting Doctoral Scholars scholarship, and maintains both a CPA and CISA.
National Registry of CPE Sponsors

A Becker Professional Education is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy 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.nasbaregistry.org

Becker Professional Education Sponsor I.D. Numbers NASBA: 107294, New York: 002087, New Jersey: 20CE00226700, Texas: 009580, Ohio: CPE.186, Illinois 158.002405, Pennsylvania: PX177823

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