Demystifying Blockchain and Cryptocurrencies
Program Number
Program Date
CLE Credits
In conventional usage, the term “hacking generally refers to an unauthorized user gaining access to an electronic resource. Hackers use various means to steal, guess, calculate, or otherwise obtain credentials to access systems and data they are not allowed to access. When we talk about “hacking a blockchain, however, this does not adequately or accurately describe what has happened and blinds us to understanding where the real risks lie in this new technology of distributed ledgers and crypto-assets. The high-profile, most destructive, and expensive “hacks in blockchain environments actually represent *authorized* users misbehaving. In some cases, these are authorized users acting on their own behalf to exploit weaknesses in the system to their own gain at the expense of other users, in other cases these are authorized users who are misusing the trust placed in them by their customers. The key to protecting yourself against fraud in this new alien world of blockchains is to become sufficiently acquainted with the technology and its peculiar jargon. This one-hour presentation is by a technologist, to help non-technologists understand and engage with blockchains and cryptocurrencies.
Available in States
- California
- Georgia
- New Jersey
- New York
- Texas Self Study
Program Categories
- Banking & Finance Law
- Computer, Internet & E-Commerce Law
- Corporate and Securities Law
- Criminal Law & Procedure
- Criminal Law & White Collar
- Criminal Practice & Procedure
- Cryptocurrency
- Cybersecurity
- Data Security and Outsourcing
- Federal Courts
- Financial Regulatory
- Fraud Schemes
- Securities & Investing
- Technology Law
- White Collar
PROGRAM CREDITS
- Areas of Professional Practice : 1 Credit
